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When to Communicate with your Insurance Agent

When to Communicate with your Insurance Agent

Business Events that Require a Review

Communication with your Insurance Agent is vitally important to ensure that your business is covered in the event of a loss. 

Here are 10 Business Events that require an Insurance Review:

  • Adding or removing employees from your payroll
  • Purchasing new property – buildings, contents, equipment/machinery
  • Moving to another location
  • Renovating existing property
  • Significantly increasing or decreasing inventory
  • Adding or removing vehicles
  • Working with third parties
  • Offering new or different products or services from your regular or normal operations
  • Implementing digital operations
  • Forming a Board of Directors

All of these events change the exposures of your business, and your current insurance coverage may need to be adjusted to cover your business properly.

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