Category: Goldcrest Insurance

Most people searching for cover on an empty property type something like “empty house insurance” or “vacant property insurance” into Google. The terms feel interchangeable, and in everyday conversation they are. In insurance, they carry different meanings, and describing your situation incorrectly can result in a claim being refused at the exact moment you need it paid.

Standard home insurance and landlord insurance both impose strict limits on how long a property can sit empty. After 30 days in most cases, and 60 in some, cover reduces or lapses altogether. Many owners find this out only after something goes wrong. Read More

Managing let properties, particularly those housing homeless tenants and Houses in Multiple Occupation (HMOs), presents unique challenges for landlords. These properties often involve complex tenancy arrangements and higher risks, making appropriate insurance coverage essential. Insurance for such properties not only protects against potential financial losses but also ensures compliance with regulatory standards. This article aims to provide valuable insights into the specific insurance needs for properties accommodating homeless tenants and HMOs. Read More

Insurance is a vital aspect of running a successful hospitality business, as it helps protect against various risks and unforeseen events that could otherwise result in significant financial losses. Hotel and guest house owners face a range of risks, including property damage, liability claims, and business interruptions. To mitigate these risks, it’s essential to have appropriate insurance coverage in place. Read More

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

The reasons for getting a performance car can vary, whether it’s because you enjoy the feeling of power behind the wheel, the admiration of others, or whether you’re a bit of a collector in this regard. Whatever your reasons though, insuring performance cars can often be expensive. Read More

There are plenty of property developers out there who go it alone, by this we mean they are the ones who go out there and source the property or land and then they are the ones that take on the build of the, development instead of sourcing it out to a building contractor.

When this is the case the Property Developer’s insurance must be correct to make sure the whole risk is insured. Read More

Guardians of the Galaxy, yes we’ve all heard about them, but what about guardians of commercial occupied buildings. These are the new tenant types in town who are being installed into commercial property to secure it for the landlord.
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This week again has seen a large increase in the amount of companies we have put on cover for scrap metal and waste insurance.

We have had a couple of different styles of risk this week. Read More

Demolition insurance is categorised under the header of high risk liability insurance. This is for the obvious reason that much of the works can cause damage to third party premises, to employees or members of the public. Not only this, but if you do not have the correct cover in place, or the right amount of cover it can cause huge losses for the insured.

Insurance for soft strip demolition is again thought of as high risk but not under the same category as full demolition. Soft strip usually entails just the internal strip out of a commercial premises or a residential unit. Read More

Using an insurance broker for clients is the preference to many clients up and down the country; with the benefit of human interaction oppose to comparison sites, call centres and automated renewals.

General feedback we receive is that clients prefer to speak to someone before having their money taken from them! Any questions or queries they may have about their policy or coverage cannot be answered immediately with any of the aforementioned, and sitting on hold to a switchboard or waiting weeks for an email reply does not necessarily feel like money well spent on a service. Read More