Insurance savings

Well St. Paddy's day has come and gone and next weekend is Easter. God's blessings upon all this special time of year.
It takes only a little bit of homework to see savings in your insurance program. Here are a few guide points: 1.Remember Risk Mgt. rule; Never risk a lot to save a little.
2. Use deductibles whenever and wherever possible. This applies to health insurance, auto insurance and property insurance. Some General Liability insurers allow deductibles. Review your cash position and consider the General Liability deductible. 3. Control losses through the use of safety programs. Lower losses lead to lower premiums. At least once each year review all losses with your agent to be sure they have been handled properly and close claims that have been settled. Far too often insurers leave settled claims open with reserves that go against your loss ratio even after the claim has settled. We once saved a client a good deal of money by reviewing the claims history with his insurance company.