The answer depends on how much you know about your business and the amount of cover you require.  Before you buy a commercial insurance policy online it is worth considering the following:

• Are you an established company? – many new companies fail in their infancy and insurance underwriters view  new companies as a higher risk than those with a proven track record. A well-established company is more likely to be successful buying online insurance than a start-up business.
• Do you require a personal service? – An insurance agent or broker will meet with their client in person to discuss and assess their insurance requirements. They may also help with filling in forms. Online agents do not provide the same level of service.
• How much do you know about commercial insurance?- online insurance is great for those who know what insurance cover their business requires and are able to compare quotes and review policies. However a traditional agent or broker is better for those less familiar with commercial insurance and are not sure what coverage they require.

Advantages of buying Insurance online:

1.     It is convenient.

2.     Websites are available 24 hours a day, seven days a week.

3.     An application can be completed at any time

4.     Cost – Policies purchased online may be cheaper than those obtained through an insurance agent or broker.

Disadvantages of buying Insurance online:

There may be difficulties obtaining insurance online if

1. It is a new business,
2. It has a poor financial history,
3. It performs risky operations e.g. tree felling
4. Lack of face-to-face interaction
5. Less individualised service  which may overlook complexities or changes in the business

At Infocus Opticians & Optometrists Business Practice Insurance we have developed specialist knowledge of the Eyecare Industry, so we know what equipment and property you are likely to possess and what insurances you need and don’t need.

Our service is designed to provide the customer with what they want:

• whether that be an online quote
• or to speak to a trained advisor to help arrange cover correctly

Call for a free quote today on 0161 925 5051

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