Top 10 Insurance Do's and Don'ts for Letting Agents

• Do seek free advice to make sure you understand what insurance you need to protect you, your staff and your business

• Don't just choose the first insurance policy you are offered or see, make sure you check at least three quotes

• Do compare quotes on cover and suitability to you and your business rather than just on price

• Don't cut corners with your insurance as a bad claim could potentially cause your business to fail

• Do check what the claims procedure is and how long it might take to receive the help you need in case of an emergency

• Don't leave clients' keys anywhere in the open office, make sure they are locked up in a cabinet and marked in a way that if they are stolen, the thief won't know whose keys they are!

• Do make sure that you keep all your files backed up off the premises and ideally in something that is both fireproof and waterproof

• Don't drive your own car or let staff drive theirs on company business unless you/they are covered for business travel

• Do know what your professional indemnity liability is as a letting agent

• Don't leave expensive items on show in yours/your staff's cars