When it comes to insuring your business remember the story of Goldilocks and the Three Bears, there is — Too Much Insurance, Not Enough Insurance, and Just Right. Is too much insurance a risk? Yes. It doesn’t make financial sense to be over-insured. Why pay higher premiums just to exceed coverage? What about not enough […]
Don’t Under-Insure your business. While privately held companies are largely in tune with emerging liabilities, most are critically underinsured, a new report from the Chubb Corp. found. According to the insurer’s Private Company Risk Survey, the reason these companies don’t purchase the necessary insurance is because they believe they are already covered through their commercial […]
