Harborough Portas

WIN A FULLY INSTALLED ROAD ANGEL DASH CAM! Do you run a fleet of vehicles? If so, why not enter our competition to win a fully installed Road Angel Group Dash Cam! To enter you need to have a fleet with a minimum of 3 vehicles. Simply email us: - Your company name and fleet insurance renewal date. - A copy of your current motor fleet schedule. Send emails to enter the competition to Mark Messina Email: mark@harboroughportas.com. More details and T&Cs below. Good Luck!

THINKING OF ADDING ELECTRIC VEHICLES TO YOUR FLEET? DID YOU KNOW THAT INSURANCE ON ELECTRIC VEHICLES WILL COST YOU MORE? Despite the current spread of government incentives for more widespread EV adoption, the key issue around EV’s is the higher cost across the board. Spending more on anything means insurance premiums will be higher. But with EVs, it goes deeper than that. Here are the reasons why both the running costs, but especially the insurance costs will be currently higher for electric vehicles: - Cost of components - Cost of repairs - Batteries vs combustion engines - Onboard systems - Risk factors on the road - Liability questions Contact us for more information and to quote for insuring your electric vehicles. #electricvehicles #commercialinsurance #fleetinsurance

WHAT’S A RANSOMWARE ATTACK AND HOW CAN I PROTECT MY BUSINESS? In 2023, Aviva research revealed that one in five UK businesses have experienced a cyber-attack or incident, with nearly one in 10 (9%) small businesses experiencing an attack in 2023. This number rises to 35% of large corporate businesses, showing the increasing risk that cyber presents. Any business is potential target by cyber criminals. Cyber criminals will target all sizes of business where they can find a weakness in their IT security. A ransomware attack is where cyber criminals exploit a weakness in your systems or data, they encrypt your files or devices preventing you from accessing them and steal valuable data. The cyber criminal(s) will then demand a ransom in exchange for them decrypting the information or unlocking systems for you. In some cases, the criminals threaten to leak your data. To protect your business from an attack and the impact it will have on your business do the following: 1. Install all security updates. 2. Make regular data backups. 3. Educate your employees. 4. Install security software on your network and all devices. 4. Take out cyber insurance. Contact us today by calling 0116 260 0506 or email mail@harboroughportas.com for more help and advice on cyber insurance and other commercial insurance.

CASH FOR CRASH SCAMS AND HOW TO DEAL WITH THEM. Cash for crash scams are on the increase. For businesses running commercial vehicles and fleets the rise of these types of incidents could adversely affect you, your employees and your business. Allianz’s claims data finds that four in ten cash for crash accidents happen during the school run and rush hour. Staged accidents involving corporate and larger vehicles are on the increase, so business directors need to ensure that employees are well educated on how to deal with such incidents. Read our blog on how to spot the signs of a cash for crash scam and how to deal with one should it happen to you or one of your employees. https://lnkd.in/eUpknRfb

Index linking is a useful tool in the arsenal of the business owner looking for insurance. It offers a low effort way to stay abreast of changes to the cost of rebuilding your business in the event of damage or total destruction. As an automatic process that applies at policy renewal, it saves time and effort. However, index linking fails to account for some important factors. Regional trends, spikes in property prices or global events affecting the cost of equipment repairs/replacements can be missed. This is where a full Rebuild Cost Assessment (RCA) comes in. With personal service, an expert’s knowledge and on-site visit options, the accuracy of an official RCA is unrivalled. Contact Harborough Portas today to be connected to an RCA provider.   #underinsurance #commercialinsurance #commercialproperty #insurancebroker

Many people purchase online insurance cover for their business only to find further down the line that the cover wasn’t quite what they expected, very often they didn’t either purchase the right level of cover, or their cover wasn’t adequate for their current business needs. Here’s 5 reasons why you should use an experience commercial insurance broker for all your business insurance needs. - Professional/impartial/expert advice - Service - Help you to identify and manage your business risk - Access to a range of different insurers and a wide range of products - Support you during the claims process Read our blog on the reasons why you should use a commercial insurance broker for all your business insurance needs: https://lnkd.in/eQyFbAcY

Anyone that owns commerical property as part of their business knows that there are ever present risks to the operation and continued survival of a company. The sensible business owner takes out insurance to protect themselves and their company from such risks, but could the very thing you trust be a danger to your business as well? Watch our video on the risks associated with underinsuring your business, how to spot the issue and how to solve it.

WIN A FULLY INSTALLED ROAD ANGEL DASH CAM! Do you run a fleet of vehicles? If so, why not enter our competition to win a fully installed Road Angel Group Dash Cam! To enter you need to have a fleet with a minimum of 3 vehicles. Simply email us: - Your company name and fleet insurance renewal date. - A copy of your current motor fleet schedule. Send emails to enter the competition to Mark Messina Email: mark@harboroughportas.com. More details and T&Cs below. Good Luck!

The average clause is a lesser-known element of most business insurance policies, but one that becomes very, very important in the worst of situations. If you make a claim but have inadequate levels of cover for the cost of rebuilding, the insurers will apply the Condition of Average Clause. At the point the customer makes the claim, the insurer checks the rebuild value and if it is found the customer is underinsured by a specified amount on the policy, the insurer will reduce the payout by the same percentage. This means you will be liable for the rest. Depending on the severity of the damage and the level of underinsurance, this could mean your business having to pay a reconstruction bill in the tens of thousands. With revenue-making output stopped due to the damage, this could result in you the business owner having to take on the costs personally, or even the business ultimately failing. This can be avoided however. If you undertake an official Rebuild Cost Assessment, most insurance providers will drop the Average Clause. RCA’s ensure that your insurance cover accurately represents what you may have to claim in the event of damage to your business. Here at Harborough Portas, we can connect you with a certified RCA provider that offers a low-cost way to protect yourself and your business from a difficult situation becoming even worse.

Now Autumn is upon us, savvy business owners are preparing for the new risks the season brings. Are you ready to protect your business from the challenges of a changing season? Be aware of dangers brought on by: - The colder weather - Making seasonal additions - Escape of water - Slips, trips, and falls - Road traffic collisions - Engineering inspections Head to our website to read more about the risks associated with autumn, and how you can mitigate them. https://lnkd.in/ezF-sXAc #insurance #autumn #businessrisk #riskmanagement