Insureon Blog

Facebook Life Event? Time to Reassess Your Business Insurance

24. April 2013 16:18

Thanks to Facebook, it’s easy to chart your business’s growth from inception to five minutes ago: a quick glance at your Timeline or admin panel shows you who’s talking about you, what they’re saying, how many people you’re reaching, and more. (For more about how Facebook could affect your risk exposure, check out the post "Could Your Business Be Sued over Social Media?")

But your social media metrics aren’t just a useful tool for evaluating the success of your marketing campaigns. They can also serve as important supporting evidence about your business insurance needs.

When Do I Need New Business Insurance?

Too many businesses think about insurance only once a year, when it’s time to renew their policy. If you’re growing, a single annual insurance check-in may not be enough. That’s because your coverage needs change as your business changes and grows.

As a general rule of thumb, any event that would qualify as a “Life Event” on Facebook could affect your liability insurance needs, including…

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how is your business exposed

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Small Business Risk Management | Tips for All Small Businesses

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