Posted on 5/1/2017 9:57 AM By Rich Savino
It happens more than you would imagine, and the phone call is enough to make your heart race. An alarm has been triggered at your business and the firetrucks and police on their way. Or a water main has broken, or a wind storm has done damage to the roof.Fire, Flood, Wind, all the things that insurance was designed to protect your business from. Once the disaster occurs, your insurance policy will kick into action and claims will be filed, remediation and restoration will commence.
But what happens when you cannot get your business back up and running quickly?
What if the situation is out of your control, and it will take weeks before you can open your doors and welcome clients and customers again?
How do you keep your staff members from departing, your bottom line solid, your bills paid and your business still floating (when depending on the source, 25% to 40% of all businesses that experience this kind of loss, close permanently?)
BUSINESS INTERRUPTION INSURANCE:
Posted on 4/13/2015 8:00 AM By Rich Savino
Back in the day, it was simple. You purchased a car or a home and you made an appointment or wandered into your local, corner, Insurance Office. The agent was usually a local resident who you knew from church, or little league and you would discuss the local school budget while he researched the perfect policy for you.
These days, consumers have a multitude of choices when it comes to insurance … Internet, phone, big box and agency. Some would say that the brick and mortar community insurance agencies are an antiquated concept. I would argue that independent insurance agencies are ever lasting and vital to the insurance industry and all policyholders. We offer benefits that no Internet Company could come close to providing. Here are four benefits:
1. The Personal Touch: To the agency, you are not a number, you are our neighbor. Sitting with our clients, discussing their individual needs, gauging what policy and provider is correct for their specific requirements is the bonus customers re ...