KNOW YOUR POLICY
Make sure you understand what your insurance policy entails. Review it regularly to keep yourself informed and be aware of any areas you may need to update. Many policies will include a “declarations page” or “policy summary.” This covers information you need to know, including coverages, deductibles, and premiums. If your policy doesn’t provide a checklist you can easily review, make your own! Read through your policy and create a coverage checklist in a spreadsheet, Word document, or just a notebook.
If you have any questions or concerns as you’re reviewing your policy, reach out to your provider.
KNOW YOUR AGENT
Now is a perfect time to give your insurance agent a call and review your current policy together. You may want to consider rewriting your policy temporarily to accommodate for these new circumstances. This could save you a significant amount of money by switching to reduced coverage with a lower premium.
It is so important to have an agent you can rely on to walk you through this changing landscape and help you identify what is best for your business, which is why at Northway Insurance Agency, we are committed to serving as a partner and advisor for each of our clients.
Take the time to understand your policy and learn what your options are. Unfortunately, there are ploys of questionable legality being advertised by some agencies. Please inform yourself on how to avoid these. Remember that if something sounds too good to be true, it probably is. If you have any doubts, make sure to reach out to your agent.
Ultimately, make sure you understand the value of a good insurance policy. If you see your business as your #1 asset, there is no cost too high to protect it. If you have any questions or concerns regarding your insurance needs, please call
Northway Insurance Agency today.