• Many florists underestimate the value of their inventory. This task is made the more difficult because that value can rise and fall during the year, depending on what you have in stock for holidays. The good news is, coverage can be raised for specific periods.
• If you hire free-lance delivery drivers with their own vehicles, and one of them gets into an accident, are you liable for any property damage or medical expenses? The short answer is yes.
• Check your lease agreement. The trend is for landlords to write savvy lease contracts that require tenants to have insurance with high liability limits.
• An umbrella policy can be a cost-efficient way to increase limits on all your various types of insurance, without incurring separate costs on each one.
Featured Article Highlights
Click here for a complete list of this month's advertisers.