Business Insurance Shopping Tips

Putting blind trust in an insurance agent and not thoroughly checking out plan specifics once put the author’s family business on the hook for a $20,000 end-of-the-year policy adjustment. Here are some lessons to keep in mind for your own business insurance.

Business insurance is a complicated subject for even veteran business owners. Its complexity gets exacerbated because we don’t trade in it every day. Yet, at least once a year, we need to make big, expensive decisions on the topic. 

My plumbing company once churned through three...

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