Call Us 877.791.1707 ☰ ˟
Logo
Call Us: 877.791.1707
  • Home
  • Get a Quote
  • Customer Service
  • Blog
  • Make a Payment
  • Resources
    • Insurance Video Tips
    • Refer a Friend
    • FAQ
    • Free Reports
    • Insurance Glossary
  • About Us
    • About The Weimer Group
    • Our Locations
    • Partners
    • Customer Testimonials
    • Privacy Policy
    • Employment Center
  • Contact
    • Contact Us
    • Join our Newsletter
Icon

Auto

We browse through a wide variety of coverages and find the right one for you.

Get a Quote
Icon

Home

We browse through a wide variety of coverages and find the right one for you.

Get a Quote
Icon

Business

We browse through a wide variety of coverages and find the right one for you.

Get a Quote
Icon

Contractors

We browse through a wide variety of coverages and find the right one for you.

Get a Quote
Icon

Life

We browse through a wide variety of coverages and find the right one for you.

Get a Quote
Icon

Medicare Supplement

We browse through a wide variety of coverages and find the right one for you.

Get a Quote
Home > Blog > Managing your Insurance while you Weather Tough Financial Times
WEDNESDAY, FEBRUARY 22, 2012

Managing your Insurance while you Weather Tough Financial Times

In these tough financial times, everyone is looking for ways to ensure that they only spend what is necessary in order to keep their profit margins. While there are ways you may be able to trim your budget, it may be a false economy to consider lowering the level of your business insurance PA just to achieve a drop in how much you pay for your premiums.

You should check through your policies and make sure you aren’t paying for coverage you don’t need. However, before you cancel any of your coverage, ask yourself – for each policy – can you afford the out of pocket expense of covering a possible loss if you no longer have coverage for any particular situation?

Unless you have financial reserves that can be left untouched to cover unexpected financial needs, you should consider alternative budget choices. Your insurance is an ongoing expense – that’s a given. However, it is a regular amount of money that you can structure into regular income and outgoings and prepare for – unlike an unexpected loss.

It would be a worthwhile exercise to sit down with your business insurance PA agent to see if there are ways to restructure your insurance package to make it as cost effective as possible. You might also consider a meeting with a financial advisor who may be able to assist you with other areas of your business budget so you can ensure you are as well placed financially as possible to weather the hard times.
Posted 12:36 PM

Share |


No Comments


Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009

  • tips(95)
  • auto insurance(63)
  • safety(55)
  • homeowners insurance(52)
  • business insurance(42)
  • life insurance(38)
  • insurance(19)
  • home insurance(15)
  • flood insurance(15)
  • children(13)
  • holiday(12)
  • boat insurance(11)
  • renters insurance(11)
  • fire(9)
  • winter(8)
  • health insurance(8)
  • the weimer group(8)
  • weather(7)
  • motorcycle insurance(6)
  • thanksgiving(5)
  • contractors(5)
  • health(5)
  • car insurance(4)
  • rv insurance(4)
  • fire prevention(4)
  • discounts(4)
  • saving money(4)
  • erie(4)
  • travel(4)
  • college(4)
  • about us(3)
  • travel insurance(3)
  • wedding insurance(3)
  • testimonials(3)
  • ice(3)
  • nfip(3)
  • winter weather(3)
  • life(3)
  • rates(3)
  • identity theft(3)
  • seasonal(3)
  • smoke alarms(3)
  • homeowner's insurance(2)
  • snow(2)
  • pet insurance(2)
  • renovation(2)
  • recreational vehicles(2)
  • storms(2)
  • personal umbrella insurance(2)
  • internet(2)

View Mobile Version

Contact Us Today!
877.791.1707

Social Social Social Social Social Social Social

Resources

  • Home
  • About Us
  • Get A Quote
  • Change MY Policy
  • File a Claim
  • Certificates
  • Contact Us
  • Partners
  • Payment
Indian Valley Chamber of Commerce Color Logo

Contact Us

The Weimer Group
550 Schoolhouse Rd | Harleysville, PA 19438

Phone: (215) 723-9805 | Fax: (215) 723-4860

1000 E. Walnut St, Suite 601 | Perkasie, PA 18944
Phone: (215) 257-9171 | Fax: (215) 257-0400
© Copyright. All rights reserved. | Powered by Insurance Website Builder