BUSINESS CHECKLIST
Businesses have many details to worry about. Below are 8 coverage areas that businesses tend to overlook when selecting coverage. Read through the following case studies to learn whether or not you may have some gaps in your own business coverage.
ERRORS & OMISSIONS
1.
My employee had the best of intentions, but something was overlooked and it cost my customer big time. I didn't realize how exposed I was until I got that call...
BUSINESS INCOME / LOSS
2.
The fire was devastating: it wiped out the entire warehouse. But I knew I had insurance to cover the loss. It turns out I was not as protected as I thought...
BUSINESS LOSS OF USE
3.
We thought we were prepared when the lights went out. But when the generator didn't work, suddenly we were out of business. Am I covered?
ENOUGH INSURANCE FOR BUILDING
4.
It was my dream for the company to own, rather than lease its building. I found out the hard way that my insurance coverage was not equal to the value of the building...
EMPLOYEE USE OF VEHICLE
5.
On the way to meet a customer, an employee of mine was responsible for an auto accident. He was driving his personal vehicle. Am I covered? Am I at risk?
EQUIPMENT BREAKDOWN
6.
It was a brand new piece of equipment, state-of-the-art. We did not realize how dependent we were on it until the unit failed...
WORKERS COMP
7.
It was an accident, but that's what insurance is for, right? I found out too late that I had gaps in my workers' comp coverage...
ALCOHOL / ENTERTAINMENT
8.
It had been a good year. So I wanted to treat my employees to a party. I wasn't prepared at all for what happened next...


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