Pest Control companies present a very unique insurance liability exposure that many standard insurance companies avoid. Therefore, it is important that business owners of pest operations align themselves with a risk management and insurance company that specializes in the particular industry they operate. After working with some pest control companies on their insurance I have noticed some issues to address. Here are five tips to help owners find the right insurance program:
1.
Get
the Right Policy: Find the agency with access to specialized programs
that are designed for Pest Companies. These programs provide better coverages
and more competitive rates because these insurance companies know the bug
businesses.
2.
Get
Everything You Need: They know what you need. Pest Control insurance
programs offer a wide range of coverages that are unique for companies that
provide pest control services such as: General Liability, Property, Automobile,
Crime, Professional Liability, Exterminators Liability, Pollution Liability,
Lost Key Coverage, Pest Inspection Damage Liability, Fumigating Liability, and
others.
3.
Keep
It Simple: I recently worked with a pest control company that had their
insurance all over the place. It doesn’t have to be this difficult. That
company was never presented a specialized program for pest control. They were
thrilled when I presented them with one insurance program for their business
from one insurance company .
4. One Time! You can have one
renewal date for all policies and one company to pay so that you can focus on
what you do best….saving the world from bed bugs!
5.
Hire a
Specialist: Find an agency that has an expert who works with other pest
operations and knows what exposures and risk you take every day.
Marc Miranda, a Commercial Insurance Agent,
specializes in many types of insurance programs including pest control
operations. You can contact at marcm@dgkinsurance.com
or connect with him on LinkedIn at http://lnkd.in/zKsR_M
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