25 Quick Tips To Get Started With Your Risk Management Planning (Part 4/5)

This is the fourth installment of five blog posts that summarize the 25 quick tips from my eBook, “Insurance Premiums Are Killing My Business.”  This risk management ebook is a great start for small to medium-sized business owners that are curious about starting the risk management planning process.

Click here if you want to review risk management tips 1 – 5  before going on.

Click here to read risk management tips 6 – 10.  

Or, click here to read risk management quick tips 11 – 15.

The tips below have been written with small to medium-sized businesses in mind, although the same principles should be employed by very large businesses.

16. Implement and follow formal written policies.

Policies and procedures are a very effective way to defend against claims and lawsuits. Policies must be strictly followed to be effective. 

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25 Quick Tips To Get Started With Your Risk Management Planning (Part 3/5)

This is the third installment of five blog posts that summarize the 25 quick tips from my eBook, “Insurance Premiums Are Killing My Business.”  This risk management ebook is a great start for small to medium-sized business owners that are curious about starting the risk management planning process.

The tips below have been written with small to medium-sized businesses in mind, although the same principles should be employed by very large businesses.

Click here if you want to review risk management tips 1 – 5  before going on.

Click here to read risk management tips 6 – 10. 

Risk Management Tips 11 – 15

25 Quick Tips To Get Started With Your Risk Management Planning (Part 2/5)

This is the second installment of five blog posts that summarize the 25 quick tips from my eBook, “Insurance Premiums Are Killing My Business”.  This risk management ebook is a great start for small to medium-sized business owners that are curious about starting the risk management planning process.

The tips below have been written with small to medium-sized businesses in mind, although the same principles should be employed by very large businesses.

Click here if you want to review risk management tips 1 – 5  before going on.

Risk Management Tips 6 – 10

6. Periodically check for unnecessary coverages.

Work with your insurance broker/agent to make sure you have all the coverages you need without paying for bells and whistles you don’t need.

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25 Quick Tips To Get Started With Your Risk Management Planning (Part 1 / 5 )

This is the first installment of five blog posts that summarize the 25 quick tips from my eBook, “Insurance Premiums Are Killing My Business”.  The risk management ebook is a great start for any small to medium-sized business owners that are curious about starting the risk management planning process.

The tips below have been written with small to medium-sized businesses in mind, although the same principles should be employed by very large businesses.  

1. Budget for Insurance Price Fluctuations. A key goal of any good risk management plan is to be aware that the insurance market is cyclical and that if prices have been flat or dropping for a few years that they will go up again. Plan for it by budgeting at the top end of the market.

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