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Common business insurance mistakes to avoid

by The 100 Companies

Own a business? Chances are you need business insurance. When shopping for a policy, steer clear of these common mistakes:

1. Underinsuring your business – From skimping on liability coverage to bypassing workman’s compensation, the pitfalls abound.

2. Forgetting to update – The same coverage that proved a perfect fit last year may no longer be right today.

3. Ignoring deductible-related details – Pay attention to how your out-of-pocket price is calculated (flat fee or percentage) and file claims accordingly.

4. Going it alone – Partnering with an independent insurance agent not only ensures access to multiple options and experts but also personal services.

Read more at RightSure.

RightSure, The Arizona 100

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