Buying Insurance Online Poses Many Dangers

 Auto Insurance, Home Insurance, Insurance  Comments Off on Buying Insurance Online Poses Many Dangers
Sep 182012
 

Shopping online for car or home insurance may be convenient and the low prices advertised may look attractive, but the convenience and attractive prices may not suit your insurance needs. It’s important to understand that there is a difference between low-cost insurance and well-priced insurance. Remember, you get what you pay for, so it is best to consult with an independent insurance agent to discuss insurance options to fit your lifestyle.

Not only does shopping online present the risk of inadequate insurance, but there are also many other risk factors when shopping online:

Coverage Gaps: Online customers run the risk of obtaining insurance with gaps in coverage that don’t become apparent until you actually need it. Answering a few questions on a pop up screen isn’t the best way to tailor an insurance plan for your specific needs. The best service is personal service.

More Expensive: Online insurance purchases may not even be the cheapest option. While some online companies may allow you to compare prices with competitors, they are not always showing you the best prices. Remember: they choose what you get to see. An independent insurance agent is actually in a better position to obtain the most competitive rates available.

Security Issues: Shopping online for anything can pose many cyber security risks and privacy concerns — and shopping online for insurance is no different. Purchasing insurance online makes it easier for companies to collect sensitive information that can readily be passed onto to third-party organizations.

Remember, the purpose of purchasing insurance is to protect yourself against risk. So why take such great risks in buying insurance online? If you’re in the market for insurance, we encourage you to talk with an independent insurance agent first. Please call Soucy Insurance Agency at 401-762-2218 with any questions about insurance purchases.

Restaurant and Bars: Don’t Overlook Loss Control

 Insurance  Comments Off on Restaurant and Bars: Don’t Overlook Loss Control
Sep 042012
 

It goes without saying that loss control can be a challenge for any business.

Bars, taverns, and late-night restaurants face increased loss risks because patrons could have too much to drink and your employees can be fatigued after working long hours. Additionally, the restaurant industry generally has high staff turnover, which can inhibit an employer’s efforts to consistently train employees in loss control techniques.

Buying more coverage is an option. However, Soucy Insurance Agency has provided some tips that, combined with your current commercial insurance, can help lessen the chances of unnecessary loss in your business.

Dealing with Intoxicated Customers: Be sure to follow procedures that are in place to deal with obviously intoxicated customers. These procedures should include refusal to serve alcohol to an excessively intoxicated person, which is not only a good procedure to follow but can also help avoid legal liability for negligently serving alcohol.

Designated Drivers: Encourage designated drivers by offering them free sodas and other similar incentives.

Drinking and Dancing: An easy way to prevent injuries and rein in rowdy crowds is to ban drinks from the dance floor.

Skid-Proof: Require your employees to wear skid-proof shoes to avoid a major slip-and-fall accident.

Lighting: Inside low lighting can set the right mood. But be sure outdoor parking areas and sidewalks are well lit.

If you would like more information about business insurance, or have questions about the tips above, please call Soucy Insurance Agency at 401-762-2218.