All blogs relating to commercial insurance.
People get confused when they do their statement of values. They want to know how often it should get done. Well, the truth of the matter is it should get done on an annual basis, but don’t shoot the messenger.…
Statement of Values, what all gets included in that? My goodness, everything that you own, that you insure on a property policy. It could be your building, it could be your furniture, fixtures, and equipment. It could be business income.…
Why is a statement of values important? Well, honestly, it’s because it’s the way the insurance company knows how much stuff you have and what it’s worth. Is a Statement of Values Important? See, we talked to you in a…
Today we’re going to talk about a statement of values. Sounds a little daunting, doesn’t it? Don’t worry, it’s not. But don’t let that fool you. It’s extremely important. In fact, most of the people who do my job don’t…
There are two different kinds of dividends in the marketplace today. One of them is a sliding scale and the other one is flat. The flat dividend is not a good deal unless you plan on having a terrible year,…
Dividends have been available in the Worker’s Comp world for a long time. They are a great way for an insurance company to reward a client for good performance. As with most insurance products, some companies offer more aggressive plans…
Agent of record, what is it? Man, if you’ve heard that term before, there’s no telling what the background is behind that conversation. But I’m going to tell you that the agent of record letter is not wrong. Like you…
When procuring your insurance, you may need more than just insurance. You may have a particular set of problems that you would like to have addressed. You might be looking for training and development for your people. The list goes…
As you may be aware from our other videos, this series’ entire intent is to teach you the buyer the different methods you can use to procure your insurance coverage. Today I want to talk about what we call Limited…
As a business owner, you have so many things on your plate. You probably don’t even know where to begin when it comes to buying your insurance. Truthfully, let me go ahead and apologize to you now because our industry…