Home News and Views Saving On Business Expenses Starts With Taking Stock Of Your Insurance

Saving On Business Expenses Starts With Taking Stock Of Your Insurance

by admin

Saving on business expenses is always a priority for small business owners.

With the uncertainty caused by the resurgence of COVID-19, many tradies have been concerned about the impact on their cashflow in the coming months and how best to manage their ongoing expenses.

One effective way of managing these expenses is by reviewing them and eliminating the non-essential costs and seeing if you can get a better deal on the essentials. While insurance may not seem as important as ensuring you have all your hardware and equipment, it is a major consideration in being prepared to manage the costs of an unexpected incident.

If your tools were stolen or damaged, would you have cash on hand to replace them? What if you accidentally damaged someone’s property while you were on the job and they claimed compensation? How would that effect your ability to pay the bills?

You may not want to reduce your cover, but you can look to cut your premiums by reviewing your insurance. BizCover can help compare options that are tailored for tradies.

With BizCover you can compare quotes from some of Australia’s top insurers, choose your preferred options and cover your business in minutes. Skip the usual back and forth with brokers and get hassle-free cover with a few clicks of a mouse. A painter from Victoria was able to save $100 a month when he came to BizCover to review his business insurance.*

Head to www.bizcover.com.au for cost-effective cover options for:

  • Business insurance
  • Public liability insurance
  • Personal accident and illness insurance as well as other business-related insurance products.

Head to www.bizcover.com.au or call 1300 920 868 to compare quotes, get covered and get back on the tools with peace of mind.

*Savings made in June 2020. As with any insurance, cover will be subject to the terms, conditions and exclusions contained in the policy wording. The information contained in this article is general only and should not be relied upon as advice.

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