Blog

HMO’s for Student Accommodation

September 21, 2020 HMO Property Insurance

If you have a property you can rent out you would probably want to gain a good return on investment. HMO (House in Multiple Occupation) properties is one thing you may which to consider if your property is located right by the city centre or near a university campus or teaching hospital.

When renting out each room of an HMO, your overall rental income will increase. But it’s not quite as easy as simply, letting out those rooms. You may need a license to operate and you will also need to maintain communal areas. However, it can still be a good option for landlords. Read More

Specialist Insurance For Serviced Accommodation

August 2, 2020 Uncategorized

If you own and run serviced accommodation, it could be important to have some form of coverage in place to protect you against the various risks faced. At Goldcrest Insurance, we are able to provide you with the specialist coverage that you need.

It’s possible that you may have other forms of property owner insurance in place. Serviced accommodation may not always be covered by these types of schemes, which is why specialist insurance could be worth investing in. Read More

How Property Portfolio Insurance can Save Landlords Money

July 6, 2020 Property Developers Insurance

If you have multiple buy to let properties, it’s absolutely essential that you follow all rules and regulations put in place by your government and relevant organisations in order to ensure that your property is up to standard and safe for your tenants to live in.

At the end of the day, they’re either contributing to the mortgage payments on a property that will ultimately belong to you, or they’re providing you with a passive income. Read More

Fleet Insurance for Different Types of Vehicle

April 28, 2020 Fleet Vehicle Insurance

If your company has a range of different vehicles, then fleet insurance could be right for you. Cover for all vehicles under one policy can save you money overall, helping to reduce the costs involved in running vehicles for your business. We can help scour the market for the very best policies as we are independent and are not tied to one provider.

Insuring a Rent 2 Rent Property

February 26, 2020 Property Owners

Rent 2 Rent is becoming increasingly popular in the property world. It involves the sub-letting of a property. The owner gives full control over to another person or managing agent to act as the landlord. This can beneficial to the property owner as it takes away the work involved in ensuring that property is let, collecting rents, dealing with any tenant issues. It is also seen now in the arena of Serviced Accommodation.

The rise of websites such as Airbnb has completely changed the marketplace and for property owners that want a hands-off investment, handing over responsibility to someone else in managing Serviced Accommodation or indeed an HMO, or standard BTL can seem an attractive prospect. Read More

Will Insurance Rates Rise In 2020?

December 31, 2019 Commercial Insurance

Seeing into the future is always going to be tricky, and that is why we need insurance. But insurance prices can very often vary, and there are a lot of different factors that can bring about changes to rates.

Some of the factors that will affect your insurance premium will obviously relate to your own circumstances. If there has been a recent claim, or if there is an increased risk involved, then it is natural that your insurance will end up costing you more. Similarly, if there are changes that minimise risk, then these may lower your premium. Read More

What are the benefits of using an Insurance Broker?

November 28, 2019 Goldcrest Insurance

Choosing an independent insurance broker always makes sense when you’re looking to buy insurance. If they’re not independent, they have no incentive to present you with the best possible range of options. If you want to save money and you want the best possible insurance policy that’s able to meet your needs going forward, it really does make sense to head to an insurance broker. Read More

Does Professional Indemnity Insurance Cover Subcontractors?

October 29, 2019 Contractors Insurance

Working with subcontractors to take on work outside the scope or scale of what your business can handle alone, whether it’s specialised tasks or larger projects, is far from abnormal. However, it does raise questions about insurance and liability. When you take on a subcontractor, you take on the liability for their work, but are you also covered for it? Read More

Running a taxi service? Taxi Fleet Insurance can make your life easier.

September 25, 2019 Fleet Vehicle Insurance

If you run a taxi service, ensuring that all of the vehicles in your fleet are individually insured can be a massive hassle. Not only do you have to process lots of all the contracts separately, but you also have to keep tabs on how many vehicles are in your fleet. It’s a logistical nightmare and makes expanding or contracting your operations difficult. Read More

The intermediate guide to High Net Worth Insurance

August 16, 2019 High Net Worth Insurance

The last time you took out an insurance policy, you might have noticed in the small print that the policy did not cover certain valuable things. That’s probably because you were taking out a standard insurance policy as opposed to some high net worth cover. Read More