Picture that instead of the traditional meaning of the 4Cs, they stood for coverage, claims, cost, and commitment. Would you recognize the importance they have to your business?
As you might have guessed from coverage and claims, these alternative meanings refer to insurance. In everyday life, insurance can be confusing enough, considering you might need multiple policies to protect your personal assets. Jewelers block insurance can take that complexity to a whole new level.
To keep it simple, think of insurance in jewelry terms and consider these 4Cs when reviewing your policy:
Do you have a policy that meets the unique needs of your business? There’s more to take into account than inventory and business personal property.
How confident are you that your carrier not only has a reputation for paying claims in a fair and efficient manner, but also has the financial strength to pay them? This is ultimately what you buy insurance for, so the last thing you want is a hassle-filled experience when filing a claim.
Is the premium you’re paying reasonable for the coverage you’re being offered? Rock-bottom pricing can leave you out in the cold when something unexpected happens, but having too much insurance can eat into your bottom line.
Does your insurance company go beyond offering insurance expertise, also providing loss prevention advice and supporting the well-being of the entire industry? They should be with you every step of the way, not just at renewal time.
Much like when purchasing a diamond, you can’t base your decision on what insurance to buy on one of the 4Cs alone. You need a knowledgeable insurance agent to help guide you through the process, similar to how a young couple needs advice when selecting the perfect engagement ring.
Agents representing Jewelers Mutual Insurance Company are uniquely positioned to offer a complete mix of coverage, claims, cost, and commitment to meet your business’ needs.
Find a Jewelers Mutual agent today and learn how you can continue to receive support for running a safe, secure, and successful business.