If you have business insurance (commercial insurance is also known as) has decided to do some research. Probably safe to assume it's say your business is your biggest investment, right? Well, I commend you for your research.Of course, they explain it to you as well, but this way you will be informed to some extent already. And so below I will explain what is more than the business of insurance.
The first thing you want to inquire about their general liability. Now, I spend a lot of time on this because it is not important, because it is not so important, I'm not going, but it can vary from business to business. Be sure to include your general liability, most importantly, your "product / completed operation" is. If it says "Do not quit your agent / broker does not explain why they put it out, it is a red flag to get an offer from an agent. Other agent's proposals will be a little more, but the day Finally, it is coverage you are looking for. of course you want your product / completed operations "are included. Another item I would include "hired and non-owned auto" is. If you are an employee (s) your personal vehicle (s) for business use like running errands, post office or shop, every once in a while to go without the coverage you do not want to go to was. It costs you an extra 150 dollars a year, maybe, but it may well be worth it when you need it.
Property coverage is going on. And you're wondering, I rent / lease, so I do not have any property insured. Well, your computer, desk, inventory, and all the decorative (yes, your well-framed degree) about what is art in your office? The "Business personal property" is called. Also known as BPP. They trade "personal" property do you say? They just. Make sure that the BPP is covered at replacement cost. You can be insured at actual cash value, but it probably RC But insurance is not that much. Also make sure the deductible is appropriate. I would go with $ 500 or $ 1,000.To do this, ask your agent for a copy of it just to make sure he / she will not hurt to make all the specs. Estimate the debris, which should include can be very expensive. "Business income" that belongs to the property. For this bid is not a bad idea as well. If there is something, like a fire is "business income" that helps to maintain the business while you rebuild / relocate. Some policies will cover the salaries of key employees. For a competitor to the last thing you want to lose your best sales manager you have to rebuild.
Monday, August 15, 2011
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