Brock-Norton Insurance Renewal Checklist

Insurance Renewals can be stressful, but they don't have to be. With Brock-Norton's customized checklist, you can take back your peace of mind. This checklist includes many of the questions your Broker should be asking prior to your new policy year. If they aren't asking any questions, you may be at risk of serious gaps in coverage.

​Need a new broker? Let us help you to review the changes that have occurred in your business over the last year. 

​INSURANCE RENEWAL CHECKLIST


General Liability & Umbrella:

 
❏ Has your revenue changed?
❏  Are you still at the same location?
❏  Have you had any claims?
❏  Did you win any new contracts?
❏ Have you added any operations or new services?
6. Do you use subcontractors?
❏  Do you need to add anyone as an additional insured?
 
 
Property:
 
❏  Have you expanded/reduced office/warehouse space?
❏  Are there vendors that your business depends on?
❏  Are you responsible for the property of customers or other 3rd parties?
❏  Have you moved or added new locations?
❏  Are you responsible for mechanical equipment per your lease?
❏  Have you made any large capital investments or purchases in the last year?
❏  Do you need to recalculate co-insurance or business income limits?
 
 
Workers Compensation:
 
❏  Have you hired or fired any employees?
❏  Do you use volunteers or seasonal labor?
❏  Do you lease workers from another company?
❏  Have you had any claims?
❏  Is coverage requested for all states where you conduct business?
❏  Did you received PPP payments while employees were still at home?
❏  Had your modification factor changed?
❏  Are your employees classified correctly?
❏  Do you use subcontractors who do not have workers compensation?
❏  Will you have any employees working internationally?
 
 
Business Auto:
 
❏ ​ Have you added or removed any drivers?
❏  Have you added or removed any vehicles?
❏  How often are you pulling MVRs for drivers?
❏  Have you had any claims regardless of fault?
❏  Do you allow employees to use their own vehicles while driving for the business?
❏  Do you make deliveries?
❏  Are multiple employees traveling together in the same vehicle?

Directors & Officers:

❏  Have you changed board members?
❏  Are there any pending claims or knowledge of potential claims?
❏  Are you anticipating a merger or acquisition?
❏  Do you plan on mass layoffs or furloughs?
❏  Have you reviewed the by-laws in the last 1-2 years?

 
Don’t have cyber yet?
We can include a quote with your renewal!
 
 
*Not all coverages may be available depending on market conditions, risk type, carrier forms and price point. Please reach out today for customized options. Images/graphic provided by Insurance Time Of Bradenton 2018
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