Statewide Commercial Insurance Brokers Asks Businesses to Review their Insurance Needs and Coverage for New Year

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Shortcutting on insurance coverage can be a financial disaster. New policy options can tailor coverage for individual businesses and potentially lower rates.

Review Insurance Needs

We wanted to take the opportunity of the New Year to reach out to business owners and ask them to take stock of their insurance needs for 2014.

Statewide Commercial Insurance Brokers is asking business owners to review their insurance coverage as part of their New Year’s resolution for 2014. In Statewide’s experience, many businesses stint on insurance coverage to save money, leaving them open to financial disaster should an insurable incident occur. Because of relatively new insurance options that can tailor coverage to individual businesses and their needs, having the proper insurance to cover all potential negative events is made more affordable.

“We wanted to take the opportunity of the New Year to reach out to business owners and ask them to take stock of their insurance needs for 2014,” stated Lana Matar of Statewide Commercial Insurance Brokers. ”We know that in difficult economic times, there is a tendency to under-insure to save money. This can lead to financial disaster. There should be no need for this as we work with our clients and insurers to tailor policies to individual requirements. There is a lot of flexibility now with insurers to be able to do this. There should be no need for business owners to not get the coverage they absolutely need at the price they can afford.”

Statewide specializes in insurance for both the construction and food service industry in California, Texas, Nevada, Arizona, Washington, Oregon, Minnesota, Illinois and Virginia.

For construction, they provide:

  • General liability,
  • Commercial vehicle,
  • Worker’s Compensation,
  • Surety bonds,
  • Inland Marine,
  • Builders Risk, and
  • Certificates of Insurance.

Information on construction coverage is available at

For restaurants, bars, taverns, fast food outlets, concessionaires, caterers and special events such as weddings, Statewide provides:

  • General liability,
  • Workers Compensation,
  • Business Owner Policy,
  • Commercial vehicle,
  • Liquor liability,
  • Property insurance, and
  • Business Income Coverage.

Information on food service coverage is available at

“We take pride in our agents’ ability to understand clients and their insurance needs. We have helped hundreds of businesses save money and get the coverage they absolutely should have. I would advise anyone to review their current coverage and if not adequate, give us a call to find out what we can do for them,” concluded Matar.

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