Here is an excerpt from a new blog post at GreggMarcus.com:
Oftentimes, small businesses take the brunt of natural disasters and
other unexpected damages. Whereas big businesses are fully insured,
most small businesses are either with minimal coverage or are without
coverage altogether. The main issue comes from the fact that damages
done by an incident such as a pipe burst can actually close a small
business down. Since many small businesses don’t have the coverage to
pay off the damages, their company is left in distress and can go into
serious debt or even close down. In this article, Long Island Insurance Executive Gregg S. Marcus seeks to inform small business owners of ways that they can receive more coverage.
It is important that you are aware of your insurance coverage. Call
or get into contact with your insurance provider to confirm that your
coverage is appropriate for the needs of you and your small business.
Insurance plans should provide coverage for not only property damage in
case of an incident, but should also provide coverage for possible loss
of revenue that could get damaged in the process. Also, make sure that
you ask many questions. There is no such thing as asking too many
questions, especially since you don’t want to miss anything when it
comes to insurance. It’s essential to understand the deductible, the
coverage, and the policy limits of your insurance plan.
To view this post in its entirety, click here to visit the Gregg S. Marcus official website.
