5 Tips for an Insurance Check-Up

2. Schedule a phone call with your Insurance Agent to review your account. This is a good time to check property values or increase coverage limits. Ask questions, your representative should be able to inform you as to how your policy protects your interests.

3. Discuss any changes in your business operations with your broker. For example: your small business may be expanding and you have now hired an employee. You are required by law to provide Workers’ Compensation and Short Term Disability insurance. Without having such insurance in place you may face steep penalties in excess of $2,000 each 10 day period you are uninsured.

4. Prepare to budget for rate increases. Just like most other expenses, insurance rates continue to rise.

5. Combining coverages for example: insuring your home and auto with the same carrier, you may be eligible for a multi-line discount.

– Lavette Wright

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By Team Member | October 15, 2024 | 0 comments

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By Team Member | April 18, 2024 | 0 comments

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By Team Member | April 12, 2024 | 0 comments

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By Team Member | April 9, 2024 | 0 comments

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By Team Member | February 14, 2024 | 0 comments

Just to clarify – social engineering, sometimes it’s called funds transfer fraud. In layman’s terms, wire fraud is used often to describe it. I call it the 21st century con. It’s a 21st century digital con. It’s when som...

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By Team Member | February 13, 2024 | 0 comments

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Does Cyber Insurance Cover Reputational Harm?

By Team Member | February 13, 2024 | 0 comments

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