18
Feb
Are you unknowingly making critical mistakes with your business hazard insurance? Many business owners assume they’re fully covered—until disaster strikes. In this guide, we expose the seven costly mistakes you must avoid to protect your business effectively. 1. Underestimating Coverage Needs Many business owners opt for minimal coverage to save money, only to realize later that their policy doesn’t fully cover damages. Solution: Conduct a comprehensive risk assessment to determine the actual coverage your business requires. 2. Ignoring Policy Exclusions Insurance policies come with fine print, and exclusions can leave you exposed to significant financial loss. Solution: Read your policy…