I was reading the newspaper today and noticed something unusual – a business is expanding! I know with our economy, it’s hard to spend money, especially when it comes to a new building. It was a nice surprise to see a company is growing and needing more space! However, it got me to wondering…… will this business tell their insurance agent about the new premises?
I know insurance can be one of the last items considered when undergoing such a major company change. But if you don’t inform your agent about the new premises, you may have an unexpected problem in the event of a loss.
I read a study recently that said 95 percent of women are the financial decision makers in their household. 95 percent! It got me thinking about a show I’ve been watching lately called “Mad Men.” If you’re not familiar with the show, it’s about an ad agency in New York City in the 1960s. The show paints the quintessential portrait of the decade: a male-dominated business world where men are in control of the household finances and their wives need only be concerned with pot roast and laundry detergent.
An automobile accident is a scary and stressful situation regardless if it’s your fault or not. I talk to a lot of people after they’ve been in an accident and they are so shaken up that they have difficulty giving me the details of how the accident happened. I can’t blame them. I have never been in a car accident (knock on wood), but I do consider myself somewhat of a professional when it comes to what needs to be done following an accident. Here are five steps to help you get back on track.
Volunteering for a cause or organization that you believe in can be one of the most rewarding and fun things in life. My first volunteer “opportunity” came when an organization approached my boss looking for help. It wasn’t going to work for her to help so she asked me if I would be willing to give up a few lunch hours and join the group. I have trouble saying no, plus it sounded interesting so I agreed. The group was planning a brand new annual event involving many worthwhile organizations in the community. While I was only a small part of the event’s success, I’m proud to say that the event marked it’s 13th anniversary earlier this month.
Have you thought about what will happen if the United States Postal Service continues to reduce their services? How will you be impacted if they cut out Saturday delivery? Does your life get put on hold because they decrease service? I’m not going to sit around and wait for them. The answer lies in electronic and paperless options available today. Many companies and individuals are already taking advantage of electronic commerce, along with the cost savings they offer.
For any business, an effective Loss Control program is a must. It helps you minimize losses or puts you on a path that greatly reduces the chance of one happening. Some may feel the effort put toward safety management or, in this case, loss control prevention is a waste of time and will not add dollars to the bottom line. Many business owners, however, have found this to be just the opposite.
This has been a strange year for weather, with some catastrophic losses occurring in the most unlikely of places. From earthquakes in Virginia to massive flooding in Pennsylvania, one has to wonder if we are truly safe from Mother Nature sometimes!