A leading business insurance broker has reported a recent significant rise in demand for home and mobile business insurance, with an increased number of Brits hit hard by the recession and current economic doom and gloom fighting back by taking their future prospects into their own hands, setting up their own small companies or else setting themselves up as freelance workers in a number of diverse industries.

With unemployment figures now at an all-time high, and both small and major companies going bust with increasing regularity, the temptation of working for yourself has arguably never been greater, despite the various difficulties of being your own boss.

However, one aspect that invariably gets forgotten in the potentially stressful process of setting up your own company and sorting out all the paperwork that goes along with such a process is purchasing a sensible and reliable insurance policy. However, mobile business insurance is growing in popularity, particularly in trades such as plumbing, where workers have no one set business location.

As with home insurance, where some people forget the importance of taking out home contents insurance to safeguard their most valuable possessions, some business owners forget to take out Business Equipment Insurance, which acts as an extra element of cover to an existing policy.

This is particularly important for workers who depend upon their own equipment in their day to day job, with photographers and film-makers a good example of those who simply need insurance for valuables.

Ultimately, if you take time and care picking the best policy for you, there’s no reason why you shouldn’t be able to benefit from the time and care that a decent level of cover can provide in your working life.

There are very few people living in the UK who have been left unaffected by the recession and the current economic crisis that is plunging the economy into doom and gloom all over again. Many homeowners and small business owners are struggling to keep up with rising electricity bills and shopping bills, while the rise in unemployment and increase in companies going bust is only making matters worse for all concerned.

As a result of these cash-strapped times, splashing large amounts of cash on any one single purchase, whether you own a house, office, or other company premises, can seem like the wrong choice, especially when faced with the option of spreading the payment over a number of months. This rule applies to anything, whether it be buying a new TV or purchasing a new buildings contents insurance policy. However, a short-term win in this respect can lead to a significant long-term loss, as recent research has revealed that individuals who decide to spread the cost of their home insurance policy on a monthly basis pay almost 12% extra compared to the one-off cost that would otherwise apply.

The research did, however, show that the difference between monthly payments and a one-off fee with some companies can be as low as 0%, while other companies offer a differential of just 5%.

If you’re looking to cut costs on your cover, whether you’re buying insurance for your own home or your business, follow the basic advice that has always applied to purchasing new home insurance quotes. Make sure the locks on your doors and windows are up to date, actually work (!), and fit industry standards; if they don’t, replace them. At home, don’t give in to the temptation to leave your spare key somewhere obvious; that flowerpot is meant for flowers, not hiding a door key! You should also install security lighting and an externally visible burglar alarm, especially on business premises. These simple and easy tips can save you bundles, so make sure you take time when picking a new policy.