Risk management for your business is about more than purchasing insurance. Proper risk management includes identifying your risks, analyzing them, evaluating and prioritizing your risks, deciding how to handle each risk and then monitoring your risk management plan.
The Choice Insurance Agency takes a bottom-up approach when reviewing your business and we begin with our 16 point Choice Insurance Risk Review. When we are done, your business will have a comprehensive risk management plan with recommendations on handing each risk through:
- Risk-reduction. We can help you reduce risks by reviewing your hiring practices, training manual, employee manual, and other corporate policies. Our risk management team will provide specialized training to help reduce risks and avoid claims. The lowest cost claim is the one that never happens. Best of all, most risk-reduction techniques are low cost or free and they help you build a better business.
- Risk-avoidance. We can help you avoid risks by reviewing your business practices and making recommendations.
- Risk-retention. Some risks you will simply acknowledge and retain, either because you have no choice, the impact is small, or the cost to handle any other way is not economical.
Businesses We Specialize In
- Auto Service
- Funeral Homes
- Residential Rental
- Cyber Liability-“See what YOUR business’s cyber liability exposure is with our quick quiz HERE“