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Posted in Reproduction Vintage Jewelry on 12/05/2005 08:23 am by admin

2. Take voluntary action to eliminate unsafe conditions and create a safe environment any company would provide. And protect your belongings to reduce the risk of theft and damage. This puts you in position earn the lowest possible rate.
3. Make a list of actions you have taken to reduce your risk. I will be able to use this list to negotiate your rates.
4. Minimize your claims. Companies that get the highest rate increases, or may not be able to obtain insurance at all, will be those with frequent small losses or who ignored the recommendations for loss control.
5. Make sure that any new equipment or buildings are installed or are constructed in a manner desirable to the insurance company. Consult your insurance professional proceedings before construction or installation and avoid unpleasant surprises on the back end.
6. Increase your deductibles and retain more risk – most companies look favorably customers with higher deductibles. It shows that you're willing to cover the day of small to-day stuff, and use your insurance for large losses – it is intended. This will help to lower your rate, too.
7. If possible, use more coinsurance formulas to help lower rates.
8. Check that your insurance is providing proper coverage amounts. You may be dangerously underinsured in some cases, or pay for coverage you do not needed in others. Be sure to contact your insurance professional.
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