UNDERSTANDING YOUR EXPOSURES • KNOW YOUR COVERAGE
Every Auctioneer has unique risks and exposures specific to their business. Depending on the type of auctions you conduct and the items you sell, there can be an increase in the risks and exposures that your business is subjected to.
These Risks and Exposures will change depending on how you operate your business making them unique to your business operation and process. This is why it is very prudent to use an insurance broker that understands the auction industry and the risk and exposures that are unique to your business. While your local insurance agent may be able to provide your business with some insurance coverage, they may not understand all of your business’ unique risks and exposures. The problem is that you will never know if they have done a good job until you need it and then it’s too late.