#doorgrowshow - Property Management Growth

If you own a company, then you probably have insurance to help protect you when something goes wrong. However, have you ever experienced shock and dismay when you submit a claim and have it denied because your insurance doesn’t cover it? You thought you were covered, but didn’t truly understand your insurance policy. Today, I am talking with Vicky Methven about understanding your options when buying insurance. She helps clients understand risk on all levels: What they bought, why they are buying it, and what they actually need. You'll Learn... [03:04] Insurance has changed because business has changed; traditional go-to commercial general liability policy is mostly for brick-and-mortar businesses. [03:57] Different types of insurance policies and how they are structured; beginning gives you a lot, middle takes most of it away, and end gives you back something. [04:25] People don’t read their insurance policy; decide to tell agent what they need. [04:50] Delivery of Insurance Policy: Agent’s obligation to expl