Handling Insurance Carrier Recommendations

As a business owner, you take on a certain level of risk— it’s unavoidable. Losses related to fires, floods, workplace accidents, products liability and other kinds of exposures are common for organizations of all kinds. To address these concerns, the right insurance policy can prove invaluable, allowing you to transfer risks and focus on growing your business. And while insurance carriers will cover an organization’s losses, they expect their policyholders to reduce their level of risk whenever they can and often have specific risk control guidelines for each class of business they service.

In fact, insurance carriers play an active role in risk management, often assigning risk managers to inspect policyholders’ facilities and work areas. If an issue is found during any of these inspections, the insurance carrier may provide recommendations businesses must follow in order to maintain coverage and avoid higher insurance premiums. To help, download our Coverage Insights document, Handling Insurance Carrier Recommendations, which provides general information on insurance carrier recommendations and how to handle them.

Included in this guide are questions to the following questions:

  • What Are Insurance Carrier Recommendations?
  • How Should I handle A Recommendation?
  • What If I Feel The Recommendation Is Not Warranted?
  • What Are The Consequences For Failing To Implement A Recommendation?

It’s crucial to be prepared for insurance carrier recommendations. Insurance carriers are looking to minimize their risk, and the more cooperative you can be, the smoother the process will go. Use our Handling Insurance Carrier Recommendations guide to understand how you can better handle these recommendations, or contact us for more guidance on insurance carrier recommendations.