Benjamin Franklin once said, "The bitterness of poor quality remains long after the sweetness of low price is forgotten." This is true for insurance too. For example, if Policy A costs £1,000 but excludes things like storm, subsidence or theft, while Policy B costs twice the price at £2,000, but covers "all risks", which is better value to you? If you faced a £5,000 loss that Policy A doesn’t cover but Policy B does, the extra £1,000 spent on Policy B becomes a smart investment. Without it, you'd be left covering that £5,000 loss yourself... For larger claims, project delays and extra costs could hit hard. Can your business afford to take that risk? If you have any insurance-related questions, or if you want help understanding your insurances, I'd be happy to help! For a bit of fun, which policy would you choose?

Posted by Antoni J Kaminski at 2025-04-08 15:28:20 UTC