Business Insurance

How to Qualify for a Small Business Loan

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How to Qualify for a Small Business Loan and Fund Your Big Idea

These small business loans vary from $500 to $5.5 million, which provide a range of financial support to entrepreneurs.

By Katelyn Chef March 18, 2021

If the past year has proven anything, it’s that small businesses are resilient to fluctuating markets. In the past, you’ve applied for student loans, car loans, and other smart financial responsibilities as ways to make your way through life. However, as an entrepreneur, have you considered applying for a small business loan to sustain your business in this difficult time?

If not, now may be the time to do so. Small business loans (SBA) aim to provide capital to small businesses just starting. These types of loans are supported by the government, deeming them less of a gamble, and Colleen McCreary, chief people officer of Credit Karma, advocates that these are a good option. “SBA loans offer competitive terms, lower down payment requirements, and resources that can help you run your small business,” she explains.ADVERTISING

Here’s what you need to know about small business loans and how to apply for one, according to McCreary.

When to Apply

Aside from securing capital for your new business, one of the main benefits of an SBA loan is that you can conceivably secure funding from an SBA lender when other banks have denied your requests. According to McCreary, you can qualify rates similar to equivalent non-SBA loans, too. Of course, there are other factors to take into consideration when applying for loans like these. “SBA loans have strict qualifying requirements,” shares McCreary. “For example, if you’re a startup, you should have experience in the type of business you want to start. And for a new business, you should have cash on hand or business assets to the tune of around $1 for every $3 you want to borrow. Some SBA loans have prepayment penalties.”

That means it’s essential to have a clear financial plan for your business already in place. “The smaller your loan, the higher your interest rate might be,” she continues. “The SBA allows lenders to charge the prime rate plus 2.25 percent for loans of more than $50,000 maturing in less than seven years. However, for loans of $25,000 or less maturing in less than seven years, the cap is the prime rate plus 4.25 percent.”

Steps for Application

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Injured Worker Advocacy Matters

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3 reasons why injured worker advocacy matters

INJURED WORKER COMP TRENDS  •  3 MIN READ

Experiencing a workplace injury is understandably stressful for any employee and trauma can be exacerbated when employers focus on medical costs and missing staff hours instead of the employee’s well-being. With today’s advocacy-based worker’s compensation model, however, employers are seeking to fix this inherent conflict, with many now intent on changing the relationship – from adversary to advocate.

“The way you treat an injured worker can have a material impact on the life of the claim,” says Wesley Hyatt, Senior Vice President, Workers Compensation Claims, Liberty Mutual Insurance, and Helmsman Management Services LLC. “Injured worker advocacy is a mindset that starts with the goal that ‘we’re here to help this injured person’ versus just moving claims along by checking boxes.”

Here are three reasons why injured worker advocacy is driving a paradigm shift in how forward-looking employers manage the claims process.

1. Open communication builds trust and confidence in the process

Creating consistent, clear, and open communication in a way that puts an injured worker’s needs first is a key part of the advocacy approach. Every outreach should reassure injured workers that their claims and clinical teams are working in their best interests. After all, along with recovering from the injury, an employee must also work through the complex worker’s compensation (WC) claims process – often for the very first time.

To achieve the goal of open communication, employers are changing the language used throughout the process to eliminate jargon and replace negative wording with positive terms. For example, “covered” is now substituted for “compensable,” and “claims examiner” is replaced by “claims representative.”

Another example of improving the employee experience is Liberty Mutual’s SmartVideo, a personalized, two-minute video that’s automatically sent via email to an injured worker whose claim meets certain WC criteria. Accessible via computer, tablet, or mobile device, the video outlines important claims information and available tools.

“The idea is to expand on the human connection between adjuster and worker, alleviating an employee’s stress and fears of the unknown,” Hyatt says. “It’s not just about what you say, but how you say it and deliver it.”

The takeaway: the tone used and ease of information provided from the very first contact with an injured worker sets the course for the entire claim.

“The way you treat an injured worker can have a material impact on the life of the claim.” – Wesley Hyatt, Senior Vice President, Workers Compensation Claims

2. Responsive follow-up leads to faster return-to-work

With data showing that as many as 18% of injured workers never reach the ability to return to work in the same capacity, connecting frequently with progress check-ins and additional resources can inform a proactive – and realistic – post-recovery evaluation.

Anticipating a worker’s needs in a holistic way demonstrates that their well-being is a priority, says Debbie Michel, Executive Vice President, National Insurance Risk Management, Liberty Mutual Insurance. “Think about the whole person, not just the specific injury,” she says.

3 Reasons Why Injured Worker Advocacy Matters, Shield Insurance Agency Blog

“Anticipating a worker’s needs in a holistic way demonstrates that their well-being is a priority.” – Debbie Michel, Executive Vice President, National Insurance Risk Management

Nurse case managers can use motivational interviewing and therapeutic listening to help identify other factors that may affect an employee’s return to work – and coordinate additional services if needed.

Another way to reinforce employer support is by empowering the employee with a range of choices, Michel says. Options can include a gradual part-time to full-time transition, providing temporary limited duty or alternate work tasks, and temporarily working remotely.

The takeaway: returning to work full time after an injury doesn’t always have to be an all-or-nothing proposition. Keeping an injured worker engaged and empowered through the recovery process can strengthen the employer-employee relationship and better prepare for a successful return to work plan.

3. Compassionate strategies improve overall claims outcomes

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Employee Risk in a Virtual Workplace

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Understanding employee risks in a virtual workplace

EMERGING RISK TRENDS  •  2 MIN READ

With many employees working remotely over this last year due to the ongoing pandemic, the shift to a virtual workplace has presented new challenges for some businesses. As companies continue moving away from the traditional work settings, now is the best time to reassess and mitigate work-related risks to remote workers.

From confirming business objectives to adjusting your processes and resource allocation, here are the key ways to prepare for new remote risks. 

Conduct a risk assessment

Have your risks changed with virtual workspaces? As you assess and prioritize work-related risks for each workgroup, consider if these new remote-work locations will be short or long-term.

A few top concerns may include:

  • Ergonomics – repetitive stress injuries from desk set-up, cords, and more
  • Same-level fall – slips, and trips in the employee environment
  • Mental health – stress and isolation compounding from the ongoing pandemic

Revise operational processes

To better understand and address risks, revisit your existing safety programs and strategies. What gaps need to be covered in this new workplace model? If the necessary programs do not currently exist, formalize an approach to assess and reduce risks to workers. While short vs long-term strategies may look different, it is important to treat employees consistently and effectively.

As you begin your strategic planning:

  • Create an assessment or feedback process for your organization
  • Develop a process to make decisions about resources
  • Identify measures of success, e.g. number of touches to online help resources; the number of equipment/peripheral purchases

Adjust resources against risk

What can you do to limit risks for your workers? If you have accumulated real estate savings as a result of virtual work, consider reallocating that budget to employee safety. Provide easy access to resources for employees to get help during this unprecedented time, to eliminate cumbersome barriers to the process:

  • Check and reallocate resources to support your remote-work strategy
  • Develop a purchase/delivery process for equipment, furniture, and supporting tools, keeping ease of order process in mind
  • Define methods to provide training and knowledge sources for workers

Consider the ergonomic and environmental risks associated with your employee’s virtual workplace as well. Environmental risks can include walking surfaces, stairs, and overuse of power strips and outlets in the home. Check our library of resources to help manage your team’s safety as you adjust to the new normal:

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Telematics and managing commercial auto risks

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Commercial | AUTO FLEET MANAGEMENT  •  2 MIN READ

Telematics and managing commercial auto risks: 3 steps to success

More cars on the roads, rising medical costs, distracted drivers, and higher repair costs are just a few of the factors driving the increase in commercial auto losses. In an effort to help minimize risks and better control costs, more businesses are exploring telematics technology. According to the most recent Fleet Management Technology Report, 44 percent of fleets now use some form of telematics.

However, to get the most return on investment from telematics, businesses need to consider a variety of factors. Here are three steps that can help companies successfully adopt and implement telematics in their operations:

Select a vendor that can help solve your business challenge.

Certain vendors are better at certain things, so it’s important to know in advance the problem your company is trying to solve to help ensure your vendor’s capabilities will meet your needs. For example, a company with a fleet of service vehicles that charges by the hour may want to track exactly when a commercial vehicle arrives at and departs from a specific location to help avoid billing discrepancies. A delivery operation may want to optimize routes to improve productivity and manage fuel costs. A business that is experiencing an uptick in vehicle accidents may prefer to review driver performance by individual, location and vehicle type to identify potential issues.

Translate data into useful information.

The high volume of data, notifications and detailed reports generated from a telematics system can be overwhelming. A business wishing to develop a successful program must know how to transform the data into information that can be applied strategically. For a company that uses telematics to track driver performance, getting an alert for every “aggressive” driving event (speeding, hard braking, etc.) may not provide much value. However, being able to review event rates (number of events per 100 miles driven) for individual drivers could be a better way to compare performance and identify outliers. Establishing suitable reporting parameters to create driver rankings or “scorecards” can help a fleet manager understand “average” performance, set realistic goals that support company objectives, and develop action plans for drivers in need of improvement.

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What Will Business Leadership Look Like This Year?

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What Will Business Leadership Look Like This Year?

Business Leadership and Executives’ expectations for 2021 are high. Many hope to make up for everything that was lost, cancelled or postponed in 2020.

Overcoming the pandemic and political turmoil next year won’t be easy, and these challenges have a way of bleeding into the workplace. Internal leadership will be every bit as important as external needs.

Business leaders must be ready to support their teams mentally, professionally, financially and in every area in between. In 2021, the best leaders will:

Keep Their Spirits High

The events of 2020 were debilitating, distressing and downright exhausting. To keep employees not just motivated but excited to come to work, leaders have to set the tone.

Show up every day with a positive attitude. Make it a point to clock in before your team so you can greet each member as they arrive. Set calendar reminders to provide words of encouragement throughout the day.

Motivating people takes more than daily pick-me-ups, though. Set aside time with each team member to discuss their goals. Start with personal ones, and then discuss professional milestones that support both your business and their own objectives. Making progress together will be uplifting and inspiring for everyone.

Offer Radical Flexibility

One of the biggest trends to come out of 2020 is the sharp increase in remote work. Working from home allowed companies to continue operations while their employees stayed safe from COVID-19. 

The pandemic is far from over, and employees know other employers are also offering flexible scheduling. Going into 2021, radical flexibility will be required.

Some employees will feel more comfortable working from home all the time. Others may need just one day a week outside of the office. Others might want to work in the office, but only at night. Cater to as many different schedules as you can.

You can embrace flexibility in additional ways as well. Give employees freedom to decorate and rearrange their desks. Provide additional sick days to help them manage their mental health. As long as their productivity stays high, so should your willingness to be flexible.

Rethink Their Workflow

It’s one thing to let your team work a hybrid schedule or move into a home office. More difficult but just as important is revisiting their workflow.

Learn to do all that you can over digital platforms. If you have to send everyone home again in 2021, you don’t want it to be as much of a disruption as it was in 2020. 

Lean on project management systems like Asana and instant messengers like Slack to facilitate remote communication and file sharing. Look for efficiencies, such as writers self-editing their content, to reduce the number of people involved in each process.

Refine Their Culture

Company culture will be more important than ever in 2021. The economy is fluid right now, meaning that many employees are evaluating other opportunities. Make sure you give them a reason to stick with you. 

A strong culture is stickier than a larger paycheck. When a team feels like family, team members won’t want to leave simply because some other employer made them a slightly better offer.

Boost your company culture through regular activities that build relationships. Volunteer together. Sponsor an after-work activity, such as a happy hour, every once in a while. 

Take a Stand

Employees and consumers alike want to see companies take a stand on current issues. The challenge for business leaders is to know when, where and how to make a statement.

Look for worthy causes that everyone can get on board with. Nobody is going to object to a food drive. Everyone wants to see communities get access to shelter, education, food and clean water. 

Once you’ve identified a worthy cause, pause. Explain not just why you support the cause, but how it relates to your company’s mission and values. Otherwise, people might be suspicious or confused about the nature of your partnership. 

What if somebody does get upset? Welcome the discussion. Respectful communication helps teammates and customers better understand one another — and isn’t that what leadership is all about?

Business leadership has never been easy, but 2021 will put your leadership skills to the test. The good news is, you’ve already made it through 2020. Meet the new year’s challenges with grace, and you’ll cue your team to do the same.

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How Should You Insure Your Home-Based Business?

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Shield Insurance Blog | Business | Business Insurance | Start a quote today!

Three Basic Coverage Options Home-Based Business Owners Should Know

 Updated November 19, 2020

Many businesses begin in the home. As of 2018, there were 30.2 million small businesses operating in the United States, and 50% of them were home-based.

A home-based business offers many advantages, including low startup costs, flexibility, tax benefits, and freedom from commuting. Like any business, a home-based operation requires insurance. Several insurance options are available so business owners can choose the one that best meets their needs.

Why You Need Home-Based Business Insurance 

While home-based businesses may operate on a small scale, they face many of the same risks as their larger counterparts. These include third-party claims, auto accidents, and damage to company-owned property. To protect themselves from losses, business owners must purchase adequate insurance.

Some home-based business owners might assume their homeowner’s insurance will cover claims arising from their business activities. This is a faulty assumption because most homeowner’s policies contain business-related exclusions and limitations. For example, many policies exclude structures not attached to the dwelling (like a detached garage or shop building) if they’re used for business purposes.

Types of Coverage

Small business owners have three basic options for insuring home-based operations. They can cover business exposures via endorsements to a homeowners policy, purchase an in-home business policy, or buy a business owner’s package policy. Which option is best depends on the size and nature of the business and the cost of insurance.

Homeowners Policy Endorsement

Many home-based businesses depend on equipment like computers and printers. Unfortunately, most homeowner’s policies provide a very low limit (typically $2,500) for equipment on the residence premises that are used for business purposes. Business owners may be able to double or triple that limit by purchasing an endorsement for a modest additional premium.

Business owners may also have the option to add a homeowners liability endorsement to their policy. The endorsement covers third-party claims by customers or delivery people for injuries sustained on their property. It’s typically available only if policyholders have few business-related visitors.

In-Home Business Policy

An in-home home business policy affords broader coverage than a homeowners endorsement and may cost less than $300 per year. It’s a middle ground between a homeowners policy and commercial insurance. Policies typically include business personal property and general liability coverages. Optional coverages like business income, valuable papers, and accounts receivable may also be available.

In-home business policies can vary widely from one insurer to the next. Before you buy a policy, be sure you understand what it does and doesn’t cover.

Business Owners Policy

A business that needs more coverage than an in-home policy provides can choose a business owner’s policy (BOP). A BOP is a commercial package policy designed for small businesses. It includes commercial property, business income, and general liability coverages.

The general liability section covers claims for bodily injury or property damage, including claims against the business that arise out of its products or completed work. It also covers Personal and Advertising Injury Liability and claims based on damage to rented premises. A wide variety of endorsements are available for broadening or restricting coverage. Small businesses pay an average annual premium of $1,191 for a BOP.

If your home-based business sells a product or does construction work, be sure your liability insurance includes coverage for products and completed work.

Other Coverages To Consider

Homeowner’s policies, in-home business policies, and BOPs provide general liability and property coverages only. Here are some other coverages home-based businesses should consider.

Commercial Auto Insurance

Many home-based businesses use vehicles in their day-to-day operations. Business owners should not rely on a personal auto policy to insure business-use autos unless they have verified with their insurer that those vehicles are covered. Personal auto insurers generally won’t insure vehicles registered to a business (other than a sole proprietorship). Moreover, personal policies don’t cover trucks larger than a pickup or vehicles used for delivery.

A business auto policy includes commercial auto liability and physical damage coverages. It’s a flexible policy that can be tailored to the needs of a business by the use of endorsements. It can cover vehicles the business owns or hires as well as autos it doesn’t own (like employees’ autos) that are used in its operations.

Errors and Omissions (Professional) Liability

Accountants, lawyers, engineers, consultants, and other businesses that provide a service or advice to clients may need errors and omissions (E&O) liability insurance. Also called professional liability coverage, E&O insurance covers third-party claims for financial losses that result from mistakes made by a business when serving clients. Most E&O policies are written on claims-made forms.

Small business owners typically pay between $500 and $1,000 per year for an E&O policy.

Workers’ Compensation Insurance

Like all businesses, home-based companies must comply with state workers’ compensation laws. The obligation to buy workers’ compensation insurance is typically determined by the number of workers a business employs. Many states require businesses to purchase coverage if they employ one or more workers.

Most states don’t require sole proprietors to purchase workers’ compensation insurance if they don’t employ any workers. Many states allow sole proprietors to purchase coverage for themselves

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3 Ways to Winterize Your Business

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3 ways to winterize your business

For business owners, Jack Frost can nip at more than your nose. If you don’t winterize, bitter winter temperatures can cause damages that will take a chunk out of your bottom line.

But a few preventative steps can keep your business winterized and safe from the dangers posed by the cold, ice, and snow.

1. Keep the water flowing during winter.

Frozen pipes can burst, causing major damage to any business location. Prevent this from happening by winterizing:

  • Keeping your thermostats set at a minimum of 55°F when the building is empty.
  • During especially cold winter situations, running a small trickle of water through your faucets to help keep pipes from freezing.
  • Exposing pipes to warmer temperatures by keeping cabinet and utility room doors open.
  • Making sure all pipes in difficult-to-access areas—such as crawlspaces, exterior walls, or attics—are insulated. Hardware or big box stores have foam and fiberglass insulation. The more insulated, the better!
  • For unheated sprinkler control valve/fire pump rooms, using UL-approved gas or electric unit heaters to help keep temperatures warm.
  • Installing a monitored electric leak detection system for the main domestic water line along with monitored electronic sensors near water sources to help you discover leaks before they cause significant damage.

2. Keep your heating bills in check.

Maintain an efficient furnace and keep energy costs under control with a few simple steps to winterize:

  • Use a programmable thermostat to reduce heating costs by as much as 30%. During low-occupancy hours, set the thermostat several degrees lower for significant savings.
  • Check your heating ducts to see if the insulation should be replaced. Inadequate insulation could lead to higher energy bills.
  • Install energy-efficient glaze on windows and doors. Save money on your energy bills by replacing the existing glass with low-emissivity glass designed to prevent heat from escaping. As much as 20% of a facility’s heat is lost through windows and doors.
  • Clogged, dirty air filters can restrict airflow and increase your energy demands. Replace or clean your furnace filters regularly to keep your heating system efficient.
  • Alter your ceiling fans so they rotate in a clockwise direction, which can actually reduce heating costs by forcing warm air near the ceiling lower and warming the room.

3. Keep a roof over your head.

Your roof can take the brunt of winter’s force, whether it’s bitter cold, snow, or ice. Keep it in tip-top shape by keeping it winterized:

  • Clearing your roof of all debris, dirt, and leaves, which can block gutters and downspouts, preventing snowmelt from properly draining away from the building. It can also cause ice dams and heavy snow buildup on your roof, which can cause additional damage.
  • Inspect gutters and downspouts to see how securely they’re fastened to the building. Snow and ice can cause gutters to weaken and break away from the building, allowing water to seep into the wrong areas.
  • If a winter storm occurs, plan to have a professional snow removal service clear the roof of excess-accumulation. This will prevent excessive loads on the roof and eliminate the possibility of structural failure.

Talk to your local independent Shield agent for complete details on our business coverage. This article is for information purposes only. For specific coverage details, always refer to your policy. If the policy coverage descriptions in this article conflict with the language in the policy, the language in the policy apply.

References:
– Insurance Institute for Business & Home Safety (IBHS)
– Smallbiztrends.com

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BOP Can Protect Your Company Assets and Save You Money

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BOP: Business Owners Policy

By buying business insurance, you take a big step to secure your finances and create a strong risk management strategy. After all, you never know when a single incident like a fire or break-in could devastate your business and cost you a fortune.

One of the simplest ways to put together a strong business insurance portfolio is to start your coverage with a business owner’s policy, better known as a BOP. It’s a great way to not only get strong coverage but also to save money on your benefits. Consider just a few of the extensive property benefits that a BOP can provide with just a few simple steps.

Why BOPs are Customizable

BOPs generally offer several standard types of commercial insurance in one place. These are:

  • Property insurance to cover your company’s owned assets, including equipment and inventory.
  • Liability coverage that pays for third-party injuries or property damage that are your fault.
  • Business interruption insurance will offer you coverage for lost income or overhead costs that continue to burden you even if you have to temporarily halt your work.

However, just because BOPs will offer you standardized coverage, that doesn’t mean they are not customizable. This is particularly beneficial when it comes to your company property. After all, no two businesses are alike. That’s why the belongings you seek to insure are going to vary considerably, and you’ll want your BOP to be able to address them.

Within your BOP’s property insurance, you might be able to insure:

  • Your inventory and the materials used to make products if you manufacture them on-site.
  • Marketing materials.
  • Company equipment. These items might be anything that you use to manufacture products.
  • Furnishings such as shelving or storage cabinets, break-room appliances, chairs, desks, or decorative items.
  • Electronic items such as computers, printers, company mobile devices, or tablets.
  • Signage (both indoors and outdoors)

Of course, if you own the buildings that house your business, then your BOP can also insure the structure of the property itself. However, if you rent the property, then you usually don’t have any obligation to buy coverage.

However, it is important to remember that all BOPs will include exclusions and limits to what they will pay for certain losses. For example, your policy won’t pay for normal wear & tear, nor will it cover any damage that costs less than the deductible on your coverage. Another common exclusion is a limitation on what your policy will pay for outdoor signage.

Still, you can work with your independent insurance agent to determine exactly how to tailor your BOP’s property coverage to your benefit. There are various coverage endorsements available which might be precisely the benefits you need for your company assets.

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How to build a fleet safety program

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How many vehicles in your fleet?

When you have employees driving on behalf of your business — whether or not they use a company vehicle — it’s time to take a closer look at your risk exposure and establish a fleet safety program to help protect the wellbeing of your company and your employees.

Here are five best practices for creating a risk management program for fleet vehicles:

1. Start at the top and write it down.

The best way to ensure your fleet safety program is successful is by having leadership commit to supporting it as a critical part of your company’s risk management and fleet management programs. Then, after setting expectations among your leadership, write down a formal plan with clear policies and procedures for fleet safety.

2. Identify and screen your drivers.

Safe drivers are an essential part of a fleet safety program — and you may have more drivers than you realize. Your fleet program can include company-owned, private, or rented vehicles. While businesses are generally aware of their risk exposure with company-owned vehicles, many don’t know the full extent of their risk exposure from non-owned vehicles. Keep a record of everyone who currently is or will be driving on behalf of your business, whether they use a company-owned, personal, or rented vehicle.

For those employees using their own personal vehicles for business purposes, it’s important to hold them to the same fleet screening standards as those employees operating company-owned vehicles. You also may need to add coverage to your commercial auto insurance, which could help your business recover in case an accident results in a business liability event for your company, which could impact both your finances and your reputation.

When hiring, carefully screen your drivers. Check the job applicant’s Motor Vehicle Record (MVR) to view past driving trends, which can help provide insight into future driving behaviors. An MVR typically shows a person’s driving history from the past three years, including driver’s license information, point history, violations, convictions, and license status.

For many companies, a driver is considered unacceptable when the MVR shows:

  • More than three moving violations, accidents or both
  • Driving while intoxicated or under the influence of narcotics
  • License suspension and any serious violation such as reckless driving, endangering the lives of others, and racing

By pre-screening drivers as part of your standard hiring practices, you’ll empower your fleet safety program, making it more reliable, effective, and safer.

3. Train and manage your drivers.

Require all of your fleet drivers to learn and commit to the company’s fleet safety policies and procedures. Additionally, provide training and resources on defensive driving and other safe driving techniques. For example, there are many forms of distracted driving including talking on the phone, texting, eating, daydreaming, and other things that take the driver’s attention away from driving.

It is also essential to continue to manage your drivers to help ensure they are following your fleet safety rules and driving safely. Schedule time to check the MVR of your drivers and have a plan in place for handling drivers with marginal or poor driving records.

You may also want to consider using fleet telematics to further strengthen your overall fleet safety program. Telematics is a technology that can track and monitor a variety of driver and vehicle parameters. Some examples include a vehicle’s speed, fuel consumption, harsh braking, and other driving behaviors.

4. Have a formal preventive maintenance program and secure your vehicles.

Make sure all vehicles are safe to drive by having each of them on a formal preventive maintenance program. This includes routine oil changes, vehicle inspections, making repairs, and keeping vehicle records. It’s also important to ensure that all vehicles are being secured to minimize any losses related to theft or vandalism while the vehicle isn’t being used.

5. Review accidents and consult your Risk Control specialist.

Take time to review accidents involving your company’s fleet vehicles to help you pinpoint your risk exposures, identify trends, manage accident costs, and take action to avoid future accidents.

Additionally, ask your independent insurance agent about loss and risk control services that may be available to you through your commercial insurance provider. Some insurance companies, including Grange Insurance, offer Risk Control Services to their commercial insurance customers, providing expert risk management services including formalized safety programs, training and help identifying, analyzing and addressing business’s unique risks.

This article is for informational and suggestion purposes only. If the policy coverage descriptions in this article conflict with the language in the policy, the language in the policy applies.

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