St Louis Business Insurance 101
We work with hundreds of businesses and help them manage their commercial insurance programs. Our team recommends coverage and risk options as part of our regular services. Over the years, we have seen some businesses make preventable mistakes when considering their insurance coverage. We thought it would be good to share these with you.
Business Insurance Mistakes
Mistake: Assuming you do not need an agent.
Your agent can provide valuable services including educating you on what coverage you need and may not need. Your agent can search the market for the best possible combination of coverage, price and service.
Mistake: Thinking that your policy covers all losses.
Your business insurance policy is intended to cover unexpected losses and accidents subject to the policy terms. There are limitations and exclusions in every policy.
Mistake: Assuming that the lowest price is the best option.
It may be that the lowest priced insurance excludes needed coverage. Your agent can help you determine the best coverage option for you.
Mistake: Not including cyber liability, employment liability, and professional liability in your business insurance program.
In today’s litigious climate, all businesses need to be protected with this coverage.
Alternatives Insurance Agency was established in St Louis County in the fall of 1992. Throughout the remainder of 1990's and through the millennium, additional locations were opened to service North and West St Louis, Saint Charles and Jefferson Counties. The demand for our products continued to increase motivating the partners of the organization to develop a business model to continue the growth and success without losing our superior customer service values.