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Insurance for water based business

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  • 18-04-2020 12:42am
    #1
    Macdarack
    Registered Users Posts: 813 ✭✭✭


    Hi everyone, I'm looking to get insurance for a waterbased business idea, any insurance broker you can think of that will quote.?


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    #2
    ironclaw
    Registered Users Posts: 8,004 ✭✭✭ironclaw


    Oh boy, join the club and be prepared to shell out huge money. Most underwriters won't even issue a policy and most of my clients have had to get out of state policies.

    What's the idea exactly? Does it involve members of the public or is it club based? If it's a club, you may be able to get coverage at a half decent price.


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    #3
    ukelely
    Registered Users Posts: 14 ✭ukelely


    I can highly recommend pembroke insurance based in dublin, they have given me a great service and costs for all my businesses including when i had a bouncy castle hire company, ask for graham or paul when you call.


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    #4
    silver2020
    Registered Users Posts: 2,045 ✭✭✭silver2020


    See what representative groups are in your field. EG children's play centres have PALI (Play Activity & Leisure Ireland). Possibly they are within your your field too. They negotiated a group insurance scheme which include their own health and safety routines (exceed minimum requirements) and this saved them a minimum of 40% on premiums. One member saved over 70% https://extra.ie/2019/10/19/news/irish-news/funny-bones-activity-centre-insurance

    Anyone in an area like this will do well to join a representative group


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