you ever wonder if your business insurance excludes
coverage for certain circumstances? Have you ever
submitted a claim and then gotten a phone call to
tell you that you are not covered?
Although we can’t foresee every scenario,
we do pride ourselves in reviewing the exposures
that can be specific to your industry. For example,
a restaurant with no seating, no liquor license
and doing carry-out business only, does not need
to discuss liquor liability. However, a restaurant
serving sit-down dinners with a beer and wine license
is in great need of discussing the need for, and
cost of, liquor liability.
You, as the business owner, need to know on what
your liability, workers’ compensation or property
premium is based. Some companies base their liability
premium on receipts, others on payroll and others
on square footage that you occupy. Knowing this
can greatly impact what you pay on an annual basis.
If you have vehicles, did you know that the premium
can be based on where these vehicles are kept overnight?
Some companies base the premium on where the vehicles
are most often used.
Do you cross state lines?
Do you deliver a product? Is that product perishable?
Do you transport people? Are they handicapped?
Are you insured up to the proper amount that your
landlord requires? Has your agent ever asked to
review your lease to ensure that you are not in
violation of that lease by having limits too low?
These are some of the things we do on a regular
basis. We are not simply order takers. We are professionals
who feel the need to protect you properly. At the
same time, we will not sell you something you do
Why not let us review your company’s information?
If you are adequately and properly covered we will
tell you that as well. There have been many times
when we have been referred into an account and walked
away advising the prospect that they have a very
good insurance program. Our goal is to be respected
as honest advisors who will do what is best for