What are common mistakes businesses make with insurance?
An example of an AI chatbot conversation about business insurance mistakes.
What are common mistakes businesses make with insurance?
Many businesses overlook key coverage needs, underestimate their risks, or fail to review their policies regularly.
Can you give me examples of specific coverage they might overlook?
Sure! Commonly overlooked coverages include cyber liability, business interruption, and professional liability insurance.
How often should a business review its insurance policies?
It's advisable to review your insurance policies at least once a year or whenever there are significant changes in your business.
What can happen if a business doesn't have the right insurance coverage?
Without the right coverage, a business could face significant financial losses, legal issues, or even bankruptcy in the event of a claim.
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