| Can one policy cover
your multiple business locations adequately?
Having one policy cover all might seem to be the simplest
answer, but it might not be the best. The issue of
whether it's better to cover all of your business locations
under a single policy or to purchase separate coverage
for each location can involve such factors as the type
of coverage, the type of business activity conducted
at each location, and the applicability of local laws
or insurance regulations.
For example, some states require a separate workers
compensation policy specific to locations or operations
in that state. Depending on the type of building and
occupancy, you might be better off utilizing multiple
policies for your property coverages, each with unique
coverage provisions and applicable deductibles. Due
to contracts with clients, landlords, or lienholders,
your liability coverages might require varying limits
applicable to each location or client project. Even
when you don't need differentiated coverages, there
might be rating or underwriting advantages to separate
policies.
There's one easy way to cut through all this potential
complexity — deal with just one agency for all your
insurance needs. We can help you sort through the various
issues and arrive at the best approach for your unique
exposures. We then can arrange to get the necessary
coverages issued, whether simple or complex.
So whether you need one policy or many, you need only
make one call — to us. Make it today. |
