Too Often, Small Businesses Learn Insurance Lessons After Disaster Strikes

By | November 28, 2016

  • November 28, 2016 at 1:18 pm
    Steve Stonehouse says:
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    With all the rush to write and renew policies, the time spent on making certain our clients are educated and buy what they need seems to be going by the wayside. There needs to be a better way to do this education and use the time that seems to be spent on perpetual marketing to really understand the risk and to make certain that the client knows what they need and that it will likely cost a little more money. Then be very public when we save someones business from disaster.

    • November 28, 2016 at 6:15 pm
      Agent says:
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      I reviewed coverage on a friend who was unhappy with his coverage on two buildings he owns. I took one look and understood why he was not happy. Complete disaster on coverage, cost. I will get him straightened out by doing it the right way.

  • November 28, 2016 at 1:30 pm
    insurance_guy says:
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    Unfortunately, it’s the only time they care to learn about the policy. But that’s not to say we shouldn’t try, our E&O demands it. I got a life policy the other day after reviewing the exclusions on a BOP.

    • December 1, 2016 at 9:54 am
      Agent says:
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      All policies are going to have exclusions, but a BOP is rich in coverage compared to a standard basic package.

  • November 28, 2016 at 2:28 pm
    Agent says:
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    This is why a small business needs a good agent to handle their protection needs. Buying online does not give the kind of advice they need and it is easy to be left holding the bag when a loss hits.

  • November 28, 2016 at 5:32 pm
    Lynne Moran says:
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    Great article! Thank you!

  • November 30, 2016 at 4:21 pm
    Bill says:
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    I would become a full time risk manager-consultant if I thought the market would support it.

    • December 1, 2016 at 9:57 am
      Agent says:
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      Good agents are full time risk managers-consultants to their customers and only require to be paid in a commission.



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