If you have a property loss, submit your claim to the insurance company and they only reimburse you for the cost to reproduce your merchandise or product would you be mad? Would you expect to be reimbursed at the selling price instead? How would this impact your revenue and cash flow? The standard property insurance … Continue reading Insuring Your Product at Selling Price
Category: Property Insurance
Coinsurance – Don’t Assume You Know What it Means
In insurance words mean different things in different policies, it’s probably why most people think insurance is complicated and cumbersome. Coinsurance is one of those words and it means something much different in a property policy then it does in your health insurance or D&O policy. Find out how it can reduce your claim payment in the property policy.
How We Helped a Client After Their Product Was Condemned
I am going to share with you a story about a new client that left their prior insurance broker because of a bad loss they suffered that could and should have been covered. I am going to explain why they choose us but I want to be clear, getting a new client because they suffered … Continue reading How We Helped a Client After Their Product Was Condemned