Business Insurance
Do’s and Don’ts: Business Insurance
(Reuters) - The day you start a business is the day you need commercial insurance. There is more to purchasing commercial insurance than signing an application. By following a few Dos and Don’ts you can make sure you purchase and maintain the kind of insurance you need and can afford while minimizing business risks and losses.
THE DO’s
DO find an insurance agent who has some experience with your type of business.
DO shop around for the best price and ask for written coverage recommendations from various agents — they should be happy to provide you with one for no cost.
DO take notes while you are taking to various agents.
DO check on insurer solvency before purchasing a policy. The following publications rate insurance companies for financial solvency:
Best’s Insurance Reports
Moody’s Bank & Financial Manual
Duff & Phelps
Standard & Poor’s
DO read any proposed policy carefully.
Categories
- Autism Insurance
- Bank Insurance
- Bike Insurance
- Business Insurance
- Car Insurance
- caravan insurance
- child insurance
- combined insurance
- companies
- compensation insurance
- consumer insurance
- crop insurance
- Deposit Insurance
- Disability Insurance
- Disaster Insurance
- Farmers Insurance
- flood insurance
- health insurance
- home insurance
- hurricane insurance
- Industry News
- job insurance
- key man insurance
- Life Insurance
- loan insurance
- market news
- mortgage insurance
- motorcycle insurance
- Payment Protection Insurance
- pet insurance
- Property Insurance
- Retirement plan
- Social Security Disability Insurance
- storm insurance
- Tips and Tools
- Travel Insurance
- Uncategorized
- unemployment insurance
Discussion
No comments for “Do’s and Don’ts: Business Insurance”
Post a comment