Understanding Your Insurance Company's Late Policy

Understanding your insurance company's late policy is very important. Failure to understand the late policy could result in the cancellation of your policy. When selecting an insurance company remember to understand your commercial policy coverage and ask the following questions regarding the company's policy on payments:

• When does my payment have to be received in order to be on time?
  
• Does the payment need to be postmarked by a certain time?
  
• In what office does the payment need to be received?
  
• How do you issue a cancellation policy? Will it be a part of the bill or separate?
  
• Do you have a maximum # of late payments that are allowed before you cancel my insurance policy permanently?"

For all your Tulsa, OK. commercial insurance needs, contact Mike Tedford, Tedford Insurance at 918-299-2345 or www.tedfordinsurance.com.

For all your Tulsa, Oklahoma commercial real estate needs, contact Darryl Baskin, McGraw Realtors at 918-258-2600 or www.darrylbaskin.com.