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Showing posts from August, 2025

How to Find a Trustworthy Broker?

  Choosing the right broker can make a world of difference when it comes to protecting your assets, business, or future. Whether you’re searching for insurance, financial services, or investments, finding a trustworthy broker is key to peace of mind and long-term success. At Auswide Insurance Brokers , we know how critical that trust is—so here’s a practical guide to help you find a broker you can truly rely on. 1. Check for Licensing and Accreditation The first step is to ensure the broker is licensed and authorised to operate in your region. In Australia, insurance brokers must be registered with ASIC (Australian Securities and Investments Commission) and usually hold an AFSL (Australian Financial Services Licence) . Tip: Ask for their licence number or verify it directly on the ASIC website. 2. Look for Industry Experience A broker with years of experience in the industry is more likely to understand the nuances of your needs—whether personal, business, or specialist insur...

Who Offers the Best Professional Liability Insurance in Australia?

  When you're a professional offering advice, services, or expertise — mistakes can happen , and unfortunately, those mistakes can cost you more than just your reputation. That's where professional liability insurance (also known as Professional Indemnity Insurance ) becomes essential. But the big question remains: Who offers the best professional liability insurance in Australia? At Auswide Insurance Brokers , we’re proud to help professionals like you find the right coverage at the best price — tailored to your industry, risk level, and business needs. What Is Professional Liability Insurance? Professional liability insurance protects professionals from claims of: Negligence or errors in your work Incorrect or misleading advice Failure to deliver services as promised Breach of professional duty This cover helps pay for legal costs , compensation payouts , and ongoing claim expenses , even if you’re not at fault. It’s commonly required by: Consultants and contractors Acco...

Can You Claim GST on Business Insurance?

  When you're running a business, every dollar counts—especially when it comes to taxes. One of the common questions we receive at Auswide Insurance Brokers in Seven Hills is: "Can I claim GST on my business insurance premiums ?" The short answer is: Yes, in most cases, you can claim GST on business insurance premiums —but there are a few important details to consider. Understanding GST on Business Insurance In Australia, most business-related goods and services are subject to Goods and Services Tax (GST) , and business insurance is no exception. When you purchase an insurance policy for your business—such as public liability, professional indemnity, commercial property, or vehicle insurance—the premium often includes GST. If your business is registered for GST , you're generally entitled to claim a GST credit (input tax credit) for the GST included in the premium. This credit can then be used to offset the amount of GST you owe to the ATO in your Business Activit...