A robust commercial insurance policy can be the difference between business continuity and a catastrophe throwing your business off-line for an extended period of time. The team at Redden Insurance Agency recommends our commercial clients have a comprehensive review of the policies protecting their businesses on a regular basis. Conducting a thorough review allows you to identify and correct any gaps in protection. If it has been a while since you’ve reviewed your business insurance, contact us and set up a consultation.
Is it time for a commercial policy review?
Ideally, your firm will review all relevant insurance documents and policies on an annual basis. If you have not had the opportunity to make that your practice, now is the perfect time to start! In addition to time, there are other factors that can prompt a review. If your business is changing size, either getting larger or smaller, it makes sense to review the policy limits and determine if they are still appropriate.
Increased levels in inventory, investing in equipment, improvements to your commercial structure, are all factors that can alter your insurance needs. Additionally, changes in the number of staff and workers that you have, along with the purchase or sale of commercial vehicles can all prompt a need for changes. Having up-to-date and accurate insurance coverage is vital. With the right insurance, your company will be better able to meet the many challenges that arise when a covered event occurs. Don’t wait until it’s too late to address any significant changes in your company’s commercial insurance needs.
Are you a business owner in the Eastern United States? Contact the team at Redden Insurance Agency today and schedule a consultation to review your current commercial insurance coverage.