Non-standard insurance refers to insurance requirements that fall outside the typical covers provided by standard insurance policies. These needs may arise due to unique circumstances, specialised risks, or specific requirements of an individual or business.
VARIETY OF BUSINESSES WE CAN PROTECT:
Insurance options for Non-standard businesses:
If you own valuable assets such as luxury homes, high-end jewellery, artwork, or collectibles, standard homeowners or landlords insurance policies may not provide sufficient cover. In such cases, you may require specialised high-value property insurance to adequately protect your assets.
When organising weddings, conferences, festivals, or other special events, standard liability insurance may not be enough to cover potential risks and liabilities. Special event insurance can provide additional cover for event cancellations, property damage, bodily injury, or third-party claims arising from the event.
Standard homeowners insurance policies usually do not cover flood damage. If you live in a flood-prone area or your property is at risk of flooding, obtaining separate flood insurance is crucial to protect your property and belongings.
Drivers with poor driving records, a history of accidents, or convictions may find it challenging to obtain cover through standard vehicle insurance policies. Non-standard vehicle insurance can be offered by specialised insurers, providing cover options for higher-risk drivers.
Properties left vacant for extended periods may need unoccupied property insurance to cover the increased risks associated with vacant buildings.
This coverage can help replace or repair damaged property due to events like fires, floods, or vandalism.
Some businesses may require terrorism insurance cover, especially if they operate in high-risk areas or industries susceptible to terrorist acts.
This insurance can help cover legal costs for various situations, such as employment disputes, contract disputes.
With the increasing prevalence of cyber threats and data breaches, businesses may require specialised cyber insurance to protect against losses resulting from cyber attacks, data breaches, or other digital risks. This coverage can help with expenses related to forensic investigations, legal fees, customer notification, and data restoration.