When examining a fish and chip shop insurance quote, there is a lot more to consider than the cost of the premiums. Don’t settle for minimum coverage, and a rock bottom price. Your fish and chip shop insurance is intended to protect you from all sorts of circumstances, be sure that you ask for all the coverage you need. Make sure that your quote is based on a policy that meets all your needs.

Does this quote include:

– Public Liability – should be millions of pounds

– Employers’ Liability – should also be millions of pounds

– Property Damage – due to fire, flood, storms, ruptured pipes, vandalism, or robbery.

– Accidental Damage – equipment damage due to employee error

– Business Interruption – due to closure after filing a claim

– Robbery and Personal Assault – should cover theft of money or goods, or other injury

– Glass Repairs or Replacement – covers your shop windows

– Equipment Failure Losses – such as food spoilage replacements and appliance repairs

– Goods in Transit – covers goods being shipped or transported to you from a supplier

Check the Reliability of the Company

The first thing you should do is check on the reliability of the company. Find out how many years they have been in business, and how they compare with other companies in their policies on claims. Use the internet to find out if there is any report of non payment on legitimate claims, or glowing reports of satisfied clients. The main question is, do they pay off claims fairly and in an expedient manner. Learn whatever you can about the company and its reputation, in order to evaluate it in comparison with other companies.

Consider the Types and Amounts of Coverage Included

It is important to know that your cover includes all the major unexpected costs you are likely to encounter. Fish and chip shop insurance should protect you against all the possible risks, not just a few of them. Consider all the possible risks carefully before deciding on insurance, and consider buying additional riders to include additional risks you might encounter.

Things Fish and Chip Shop Insurance Doesn’t Cover

Remember that insurance does not cover damage due to ordinary wear and tear. It does not cover ordinary depreciation and it is possible that your claim on property will be adjusted to reflect depreciation. Fish and chip shop insurance doesn’t cover small day to day losses such as a few burned fish or a stack of missing paper cups, and even if it did, reporting things like that would result in excessive numbers of claims.

Other Types of Insurance you May Need

If you own the building, you will require building insurance. Building insurance may be available as a rider to your fish and chip shop insurance with some companies, but generally it is a separate policy. If you will be renovating the property for an extended period of time before opening, you may need unoccupied property insurance. Unoccupied property insurance covers the additional risks to property, such as fire, water damage and vandalism, when it is vacant.

Comparing Quotes

If you get quotes from several different insurance companies, be sure the quotes are similar and to account for differences in coverage when comparing prices. It isn’t fair to compare the cost of two different policies that are not equal, without adjusting the cost. Selecting fish and chip insurance, is an important decision, so choose carefully and remember that cost is not the only factor.

Takeaway Protector is a provider of fish and chip shop insurance and takeaway insurance. We also write handy guides and fish and chip shop tips for owners.

Takeaway Protector is a provider of http://www.takeawayprotector.co.uk/products/fish-and-chip-shop-insurance-policy/ fish and chip shop insurance and takeaway insurance. We also write handy guides and http://www.takeawayprotector.co.uk/takeaway-resource/fish-and-chip-shop-tips/ fish and chip shop tips for owners.

Author Bio: Takeaway Protector is a provider of fish and chip shop insurance and takeaway insurance. We also write handy guides and fish and chip shop tips for owners.

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