Once you have determined the type of coverage you require and the range of policies it is important to try and get value for money with the policies you obtain.  Prior to negotiating with any insurance organisation check whether you may already have some level of insurance coverage.

If your organisation is part of a national or state based association you may already have some level of coverage.  This may also apply if your organisation is, for example, a sporting club, where you pay membership fees or your organisation may have an affiliation with a peak body.

In addition, if you operate out of facilities provide by the government or local council you may find that you have a level of coverage under their policies.  Furthermore, if you have staff who are members of their professional association then they may also have some form of professional indemnity coverage as part of their annual membership fees.

Another option to consider is if you share your premises with another organisation you may be able to combine insurance policies.  Also, if there are other organisations that undertake similar activities then you may be able to combine insurance arrangements that results in savings.

Unless you are categorically positive there is a real benefit try to avoid buying separate policies from different organisations as more often than not this will be more expensive plus you may also find you double up on some of the areas being insured.  By packaging up your insurance requirements with the one organisation you can save significant costs plus you are not as likely to be over insured.

As such, once you ascertain whether you may already have some coverage as well as being clear what is covered then you have a good starting point to start discussions with an insurance organisation.

Importantly, make sure you review you insurance arrangements at least each year but more regularly if your operations or activities change to check that you have the correct level of coverage.