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davidmichael

HELP! Cheap professional Indemnity Insurance needed

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davidmichael

Hi I hope this is the correct forum to post this query but I am in need of very basic 250k Professional Indemnity Insurance to satisfy the requirements of my part p scheme membership.

 

The best quote I got so far was £370 can anyone recommend a broker that offers cheaper insurance PLEASE!

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Doc Hudson

Who are you getting your Public Liability insurance from? I would have thought they could provide a combined package?

 

Doc H

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Sharpend

This £370 dies it include your PL as well? 
which CPS scam are you with? 

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Andy™

whoever does your PLI should be able to do the PII

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Murdoch

Interesting, I thought that PL was mandatory for CPS, not PI

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Andy™
5 minutes ago, Murdoch said:

Interesting, I thought that PL was mandatory for CPS, not PI

might be doing EICR's?

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Murdoch
4 minutes ago, Andy™ said:

might be doing EICR's?

 

yes - you're probably correct.

 

OP - how long have you had your PL insurance? - you may do better combining the 2 policies (mine cost about £181 last year) - but hasn't PI become a bit like car insurance - expensive for the first few years?

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davidmichael
31 minutes ago, Murdoch said:

 

yes - you're probably correct.

 

OP - how long have you had your PL insurance? - you may do better combining the 2 policies (mine cost about £181 last year) - but hasn't PI become a bit like car insurance - expensive for the first few years?

Hi Murdoch I have a separate PL and if combined Trademansaver offer only 50k for Pi. This is my second year with Napit. Thanks

46 minutes ago, Murdoch said:

Interesting, I thought that PL was mandatory for CPS, not PI

Prof Indemnity appears to be mandatory.....

57 minutes ago, Andy™ said:

whoever does your PLI should be able to do the PII

Yes but to a max of 50k for the PI

2 hours ago, Sharpend said:

This £370 dies it include your PL as well? 
which CPS scam are you with? 

No it doesnt

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davidmichael
7 hours ago, Doc Hudson said:

Who are you getting your Public Liability insurance from? I would have thought they could provide a combined package?

 

Doc H

Tradesman Saver only offer max 50k PI

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Andy™

suppose thats why they were 'cheap'

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boltonsparky

Have a look at Axa, recently had a quote from them for £2m PL and £1m Prof. indemnity for £151 with a 10% online discount, hang around on the quote page for a while and then go to the back/close buttons and a pop up for a further 20% off (so 30% in total) will come up. 

 

Rhino trade insurance wanted around £200 for £2m PI and £250K prof. indemnity. There's a 10% code with them, think it's bundy10.

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davidmichael
12 hours ago, Andy™ said:

might be doing EICR's?

Yes EICR's

11 hours ago, boltonsparky said:

Have a look at Axa, recently had a quote from them for £2m PL and £1m Prof. indemnity for £151 with a 10% online discount, hang around on the quote page for a while and then go to the back/close buttons and a pop up for a further 20% off (so 30% in total) will come up. 

 

Rhino trade insurance wanted around £200 for £2m PI and £250K prof. indemnity. There's a 10% code with them, think it's bundy10.

Thank you for the advice I will give it a shot.

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NozSpark

I have

£5m PLI

£300k PI

£5k tools..... and

Legal cover

 

for £340 through the NICEIC's broker

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davidmichael
1 minute ago, NozSpark said:

I have

£5m PLI

£300k PI

£5k tools..... and

Legal cover

 

for £340 through the NICEIC's broker

Thanks NozSpark can  you direct me to the broker please

 

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NozSpark

I just got it through the broker that they use.... just click on NICEIC insurance services

 

https://www.niceic-and-elecsa-insurance.com

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davidmichael
2 minutes ago, NozSpark said:

I just got it through the broker that they use.... just click on NICEIC insurance services

 

https://www.niceic-and-elecsa-insurance.com

Presumably you get a discount if you are a member of one of those part p schemes

 

thanks!

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NozSpark
1 hour ago, davidmichael said:

Presumably you get a discount if you are a member of one of those part p schemes

 

thanks!

 

TBH I haven't a clue.... but it'd be worth a check as they are only a broker

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Sharpend

Marsh commercial is who operate Napit insurance. I have a combined £5m PL £250k PI and £4K tools for £30p/m

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davidmichael
24 minutes ago, Sharpend said:

Marsh commercial is who operate Napit insurance. I have a combined £5m PL £250k PI and £4K tools for £30p/m

Thanks!

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davidmichael
11 hours ago, davidmichael said:

Yes EICR's

Thank you for the advice I will give it a shot.

Thanks got it for £165 with liability and without the additional 20% offer as wasn't sure how to "hang around" but only saved quote so perhaps if I sit on it for a few days they will come back to me with a discount. Nice one!

44 minutes ago, davidmichael said:

Thanks!

THanks got it from AXA for £165

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Evans Electric

Great  !    With the saving you could go for the  Gold Membership on here  :innocent

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Murdoch
1 hour ago, Evans Electric said:

Great  !    With the saving you could go for the  Gold Membership on here  :innocent

 

 

Which gets a member what?

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Andy™
5 minutes ago, Murdoch said:

 

 

Which gets a member what?

 

forum running costs have to come from somewhere

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Evans Electric

Untold riches  beyond your wildest dreams   Murdo.               ( May be somewhat overstated there )   

 

The main thing is it supports the Forum which  does cost a few bob to host etc .   

 

Have a look under "Store "  top of the Home page . 

 

 

Edited by Evans Electric

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SPECIAL LOCATION
3 hours ago, Murdoch said:

 

 

Which gets a member what?

 

Key to the executive washroom on the fourth floor...

 

 

Guinness

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