Avanti Associates Ltd


Get A Quote About Contact Home Page
Lines of Business

Auto Home Business Boat Flood

business people standingIt is quite common for companies to go year-to-year without making changes to their business insurance policies. The reason for doing so could be a lack of time or it not crossing your mind. This could impact the type, amount, and coverage specifications that organizations need going forward. If you are a business owner, don't just renew your policy. Take a closer look at the details and learn if there is a need to make some modifications.

The ultimate goal in purchasing or changing business insurance policies is to reassess your risks and risk levels. This involves taking a closer look at your company's current needs and making necessary changes. Here are some specific things to look for to determine what risks could impact your company:

  • Your company's location. While it may not have changed, the conditions around it like crime rates or business traffic may have changed.

  • Building type. The building may have seen improvements, such as a weather-resistant roof addition or the improvement of security.

  • Work previous claims. In relation to workers compensation claims, whether or not you've filed claims can impact your policy.

You also should consider take into consideration each type of business insurance policy you have and whether it needs updating.

  • Commercial auto insurance may need to be updated if your liability insurance is not enough or you've added new equipment to your vehicles.

  • Relatively "new" threats such as cyber and identity risks may require you to update your liability insurance to cover ensure your companies is prepared.

  • If you've purchased new equipment, upgraded your building, or have taken steps to increase the value of these items, your current policy's limits may not be enough. You should then reassess the value of your property insurance.

What risks exist for your company? What changes should you make to your policy to ensure it continues to meet your specific needs and offer the protection you require? Before you renew your business insurance, talk to your agent about your risks.

Need help reviewing your policy? Call Avanti Associates at (914) 273-8511 for more information on Armonk business insurance.
Share |

No Comments

Post a Comment
Required (Not Displayed)

All comments are moderated and stripped of HTML.
Submission Validation
Change the CAPTCHA codeSpeak the CAPTCHA code
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2017
  • 2016
  • 2015

View Mobile Version
View Our Latest Insurance News
  What Our Customers Are Saying
Quick Links
Site Links
About Us
Get A Quote
Customer Service
Make a Payment
File a Claim
Refer a Friend
Contact Us
Auto Insurance
Home Insurance
Renters Insurance
Flood Insurance
Business Insurance
Boat Insurance
Flood Insurance
More Commercial Insurance
Avanti Associates, Ltd - Armonk
200 Business Park Dr, Suite 206 Armonk, NY 10504
Ph: 914.273.8511
Fx: 914.273.8050
Avanti Associates, Ltd - Pelham
201 Wolfs Ln Pelham, NY 10803
Ph: 914.738.1900
Fx: 914.738.1992
Powered by Insurance Website Builder
How Can We Help You?
Get A Quote My Policy Location Facebook Twitter RSS Feed LinkedIn Google+