Insurance Info – Broker's Agency Corp.

Is your insurance program meeting your motives?

There are really three reasons why businesses buy insurance:

You are required by law (ex. Workers Compensation, Auto Liability, etc.)
Third party contracts require it (allows you to operate and conduct business)
To protect your company’s assets (indemnify you when a claim occurs)

We use our unique process to test the resiliency of your policies. This analysis identifies inadequate policy wording, contradictions, coverage gaps, contractual agreement discrepancies, etc. These poorly constructed terms lead to:

Uncovered claims
Breach of contract
Strained client relationships
Non-compliance with the law
An exposed balance sheet

Most of the policies that we review have glaring issues that can be fixed for little or no additional premium. We also find several instances where clients are not covered for what they think they are – and/or situations where they are drastically overpaying for the coverage they have.

Our custom policy analysis will outline pitfalls that exist in your policies and provide you with the solutions to fix them. This process provides you with the necessary tools to make informed decisions for your business.

Ready to “turn your risk into resilience?” Let’s chat.

The difference between a claim being covered or denied is often as simple as one word in the policy/contract!

Ready to “turn your risk into resilience?” Let’s chat.