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Under Covered?

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  • Posted on 23rd Sep, 2022 04:01 AM

Business insurance, business - Under Covered? - Entrepreneur.com

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If you have , it's probably going tohappen: Your insurance company will conduct an audit.

Insurance companies conduct audits to make sure the premiumsyou're paying are in line with the amount of coveragethey're providing. According to Rhonda Hamel of Hamel andAssociates, an insurance audit and education firm in Alpharetta,Georgia, the types of policies most likely to be audited areworkers' compensation and general liability. Some companiesalso audit automobile, garage liability and business-interruptionpolicies.

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