Trident Insurance

Trident Insurance Logo
Trident Insurance Logo

Courier and Haulier Insurance

UNDERINSURANCE WILL RESULT IN LOWER PREMIUM PAYOUTS

Underinsurance or Over Cover

Yes insurance for many is a grudge purchase and have the mind-set that if I pay out I should get something for the money. In some degree insurance plays on fear just as the stock market plays on greed, and many times some people have over covered what they need. Over cover or Underinsurance are both signs of a bad deal.

Where prices through improved process of delivery have gone down there is a limit when it’s accepted to be uneconomic to go to nothing. On insurance there are always cheaper prices but there is always the hidden googly in that if you want cheaper, you can have less cover or pay a higher excess.

Underinsurance Risk

Some are prepared to take the chance and see what happens and may be very lucky, but the nature of insurance is that it helps replace objects, contents, homes( at a full rebuild price), cars and so much more at market prices what are damaged beyond repair or need compensation for the likes of cyber cover or business interruption.

Can you establish a replacement of a family item? Not always because any replacement hasn’t the emotional attachment of Mum or Dad or a brother or sister. But it can help a lot if it’s been covered in the policy at the right price. When looking at what you pay for cover against the value actually many insurances are a steal on value for money.

In business many may think its ok to undervalue stock but were there to be a break in, or fire, or damage to the building – possibly caused by the next door building – that ruined all the contents and stock and they were not valued fairly at market replacement prices. You may find the Insurer either not paying out at all or only paying out a percentage of the value at best.

Business interruption is never thought of as an issue but think of how much you as a business subcontract of what you do, from phones and the internet to electricity and gas and that’s just the start.

Comparison sites have changed the way we insure but it’s not just about price anymore and you can buy all sorts of cover on the net but are you buying the right cover? Fake cover is just as bad as fake news and maybe a lot worse in some instances where it impacts.

You pay a lawyer or accountant to look after you and hope they do a good job but all your worldly assets, your company your medical care can be covered by insurance and in short if you pay peanuts you will get monkey polices which look good but offer little protection when you need it.

So please when you insure, and we hope you will use Trident Insurance, for all your insurances be they commercial or personal treat insurance as a serious benefit that could save your company, replace your home, car, ruined holiday and so much more.

For sure we are not saying pay though the nose, no way!! We look after our Clients. But remember under-insurance may look like a smart thing to do but it has serious downsides if you put in for a claim.

To put it simply you will not get a £1 for 50p and that’s where you stand with underinsuring your home, business, car and family.

Our Process

We like to keep our process simple and straightforward. Take a look below at how we get your insurance policy into play. 

Get In Contact

The first step is to get in contact with us. You can give us a call, or fill our the contact form at the bottom of this page

Schedule Meeting

Once we have received your enquiry, a member of our team will help you into being connected to the right department.

Assign an Agent

We assign you with a designated account manager who will be your point of contact should you need to contact them.

Start your Policy

Once we have agreed your terms and conditions on your policy, we then start your policy at the price agreed (no hidden fees).

    Get your Underinsurance quote.

    Please use the contact information provided below to get in touch with our team. Please fill in the form below and a member of our team will be in touch to provide you with a bespoke quotation.

    Opening Hours
    Monday - Friday
    Saturday
    Sunday

    Contact Us

    Get In Touch

    Please use the contact information provided below to get in touch with our team