It's a bit coincidental that you brought this up . I have a few properties whose insurance policies are due at the same time ( last week ) . Each year when the renewals come around I always review the premiums . I find insurance companies are pretty sneaky if you stay with the same company for a while . They will sneak up the premiums on existing customers who don't regularly scrutinize their costs . This year the premiums were up 12% . One was up 30% ! So I spent half and hour on the phone adjusting my policies . I discovered that they had me paying for things that I didn't need . E.g. I adjusted my excesses up which saved me quite a bit of money . Roughly a 25% cost reduction across all those policies .
Hence the risk management part . By adjusting ( and better understanding ) my risk I was able to reduce my underlying costs by quite a bit .
- Forums
- Property
- For the residential landlords/investors....liability for negligence
For the residential landlords/investors....liability for negligence, page-5
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)