Where to buy professional indemnity and public liability insurance?

[northernladuk]

indemnity site:forums.contractoruk.com/accounting-legal - Google Search

[malvolio]

Agreed wholeheartedly. The reason I was asking was because the spread in the insurance rates is fairly varied, e.g. the same cover with QDOS and Hiscox ranges from GBP19 per month to GBP55 per month.

So I was just wondering if one was preferred over the other.

There's just a little bit of a hint there, isn't there...?

The risk is exactly the same. As are the underwriting costs, roughly speaking. So what are QDOS not covering? Time for you to do some further reading, I believe.

And when you find out, let the rest of us know...

[Waldorf]

I am a happy QDOS customer as well.

[Maslins]

There's just a little bit of a hint there, isn't there...?

The risk is exactly the same. As are the underwriting costs, roughly speaking. So what are QDOS not covering? Time for you to do some further reading, I believe.

And when you find out, let the rest of us know...

What I heard (from an admittedly biased source, QDOS themselves) is that Hiscox rely mainly on accountant's recommendations and pay far higher commissions to referrers than QDOS, which is reflected in higher prices to end users.

Theory being client probably won't bother to get alternative quotes if their accountant recommends someone.

[TestMangler]

I am a happy QDOS customer as well.

To be fair though, I could insure you for 50p per year and you'd be a very very happy customer until you had to make a claim.

Being happy that you've purchased a product and not had to use it is not a particularly useful recommendation

[northernladuk]

To be fair though, I could insure you for 50p per year and you'd be a very very happy customer until you had to make a claim.

Being happy that you've purchased a product and not had to use it is not a particularly useful recommendation

Totally right, more so with insurance than any other service as well. You don't pay more for a good service, you pay nore for less chance of them throwing your claim out. Thieving barstewards. I don't mean QDOS, just general insurances.