Do your homework when buying insurance.
You study safety and performance ratings before buying a car.
You have your prospective home professionally inspected from basement to roof.
You read labels and select the best foods for your family’s table.
Why should insurance purchases be any different?
Extra expense coverage can help keep you open for business.
If your business is like most, you can’t afford a shutdown. Fire, windstorms and other perils might cause physical damage to your location, but what about the potential loss of customers?
Extra expense coverage is designed to meet the needs of businesses that can’t afford to be closed for an extended period. Extra expense covers costs incurred to minimize disruption to a business and reduce the potential for lost customers.
Avoid driving distractions; pull over when you need to use the phone.
Every business owner wants to see that employees get safely to the jobsite or that cargo or products are safely delivered to their customers. Every year, distracted driving becomes a bigger barrier in the way of that goal.
The primary task of anyone behind the steering wheel of a car or truck is to safely control that vehicle on and off the highway. All too often we see a news report that starts with something like, “This morning’s fatal auto accident on the inbound expressway was caused when a distracted driver…” Driver distraction is anything that diverts the driver’s attention away from the driving task onto another activity. In 2011, 10 percent of injury crashes were reported as distraction-affected crashes, according to National Highway Traffic Safety Administration (NHTSA) figures. That year, 3,331 people were killed in crashes involving a distracted driver and 387,000 people were injured, the agency noted.
You can take steps to control insurance costs.
Whether you’re a business owner or an individual, you’re probably interested in controlling your expenses, and insurance costs are no exception. You may ask yourself why your policy’s cost increased.
Remember that insurance premiums are tied closely to costs for labor, materials and medical care. As these prices go up, it takes more insurance dollars to pay claims.