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5 Underinsurance Mistakes to Avoid as a Startup

5 Underinsurance Mistakes to Avoid as a Startup - http://www.startupnation.com

Posted by MarkMcKenna under Management
From http://www.startupnation.com 3220 days ago
Made Hot by: sundaydriver on July 3, 2015 7:12 am

With up to 75% of businesses found to be underinsured it is important to understand how to avoid the most common mistakes that result in up to 40% of businesses being unable to re-open following disaster.

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Written by MarkMcKenna
3206 days ago

Hi Lyceum.

In most cases the underinsurance is due to a miscalculation of ‘market’ versus ‘total value’ of property. So it is important to understand the FULL re-build costs of your business, as well as including cover for business interruption.

- 0 +

Written by lyceum
3206 days ago

Mark: Thanks for your input!

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Written by lyceum
3219 days ago

What is the main reason that a company (owner) is underinsured?

- 0 +

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