If you’re looking for a quote on your trade insurance, the easiest and most convenient way to go is online.
There was a time when a tradesman would have to down tools once or twice a year to visit the insurance broker. They’d have to sit down with the broker and be told how much they have to pay for the insurance chosen by the broker.
Thankfully times have changed and today it is far easier to obtain a trade insurance online quote.
Not only are online quotes more convenient, but they can also save you time and help you to find the insurance that will offer you the best value for money.
Options for online quotes
There are basically two options when it comes to online trade insurance quotes. The first option involves websites that provide instant quotes and the ability to proceed online without talking to a real person.
This option can be good, however you are really on your own when it comes to choosing the right insurance for your needs. Trade insurance is fairly straightforward when looking at the basics, but there are some important options to consider which could have a major impact on you at claim time.
Other websites, such as ours here at Trade Risk, do not provide instant online quotes. Instead we obtain all of your relevant information via our comprehensive online quote form, which is then provided to one of our network of insurance experts for analysis.
We are mindful that you don’t want to be sold anything you don’t want, so we will provide quotes only on what you have asked for. We don’t have a “do you want fries with that” attitude, but our insurance experts may make suggestions if they identity a need.
For those who prefer obtain their trade insurance quotes exclusively online without having to speak directly to anyone, we can certainly provide your quotes and other information via email and post where required.
What to look for with trade insurance quotes
When obtaining a trade insurance quote online you need to know what you’re looking at. A quote from one company may be much cheaper than another, but there could be a good reason for that. There’s no point choosing a cheaper policy if it’s not going to meet your needs.
A good example is income protection insurance. Some websites market accident and illness insurance as income protection, but they are actually different types of insurance. Accident and illness is generally cheaper than proper income protection, but the cover can be very inferior.
Tool insurance is another example. The tool insurance quotes from one company may be cheaper than the others, but there are some cheap policies out there that don’t even cover theft of your tools. You need to be careful when comparing quotes to ensure you’re getting what you need.
What you’ll need to provide
Different websites offering online trade insurance quotes will have different information requirements.
Some websites will only ask for basic details. At first it may seem like a quick and easy option, however the sites that have short forms generally require a phone call from a broker to obtain extra information from you. This wastes your time and defeats the whole purpose of an online quote!
Here at Trade Risk we ask a lot of questions in our quote request, and although it may take a little longer to complete it means that we have all of the information to send out your quotes without having to make follow-up calls to you.
If you come across a trade insurance quoting website that only asks a few questions, you can almost be guaranteed that they will call you back asking for more information!
