Kriener Insurance is the commercial insurance partner business owners in the Woodbury, MN area can rely on. If it’s been a while since you have taken a close look at your company’s commercial policy, now is a great time to do so. Contact our team with any questions that you may have!
Signs it may be time to upgrade your commercial policy
If you have been in business for a while, your company has likely gone through a number of changes over the years. These changes can have an effect on your bottom line as well as your insurance needs. These signs below are just a few of the many indicators that it’s time to upgrade your firm’s commercial policy. Now is a great time to fully review your insurance needs!
- You have made a large purchase, such as heavy equipment or machinery. Equipment replacement costs can add up quickly! Be sure your policy provides an adequate level of coverage.
- The company is now carrying a larger amount of inventory. If you have more inventory on hand, you also have a higher level of exposure that needs to be protected.
- The firm’s liability needs have increased due to higher revenues and a larger number of employees. As a firm grows, its need for liability protection often increases as well. If your needs exceed your current policy, an umbrella insurance policy is often an effective solution.
We look forward to working with you!
Business owners in the Woodbury, MN area can turn to the team at Kriener Insurance for all of their commercial insurance needs. If it’s time to upgrade your commercial policy, we are here to help. Give our office a call today and schedule a consultation.
