Insurance information Archives - Dickey's Barbecue

Why Businesses Need Business Interruption Insurance

If your small business operations were interrupted, would you be able to bounce back right away? For 9 out of 10 small businesses, the answer is no. According to FEMA, being forced to close for just five days can cause the majority of small businesses to fail within a year. But if your business were [...]

Why Business Insurance Rates Vary from Insurance Provider to Insurance Provider

Business insurance may seem cut and dry, so why the variance in rates from provider to provider? There are many factors that contribute to insurance rates, including coverage and limit options, claim frequency and more. Factors that Cause Business Insurance Rates to Vary Insurance policies and their rates vary from company to company. While you [...]

Lockton Affinity’s Dickey’s Franchisee Insurance Program Benefits

The insurance market is saturated with partners looking to provide workers’ compensation, property, general liability, employment practices liability and several more types of insurance. With so many options available, it can be overwhelming to find a trustworthy, dedicated insurance partner that meets your franchise’s needs affordably. Read on to learn how Lockton Affinity worked directly [...]

The Journey of Your Insurance Policy

Understanding the inner workings of how an insurance policy is written and managed can be helpful whether you're shopping for new insurance or already have coverage in place. In this blog, we'll walk you through the process your Lockton Affinity policy goes through to give you an idea of what to expect. From the moment [...]

By | April 27th, 2022|Insurance information, Insurance tips|0 Comments

The Anatomy of EPLI for Franchises

Employment practices liability insurance protects your business from common claims and lawsuits brought by your employees. The number of lawsuits in the industry is rising and the cost to defend yourself against a claim can be substantial. Now more than ever it’s important to make sure your business is protected. Even though employment practices liability [...]

10 Insurance Terms Explained in Plain English

If it's your first time shopping for insurance for your business, insurance terms can be a real stumbling block. Even for old pros, a fresh perspective on a familiar topic can help you better understand what really matters. Here's a look at 10 common but confusing insurance terms explained in plain English to make your [...]

By | January 3rd, 2022|Insurance information, Insurance tips|0 Comments

A Guide to Switching Insurance

As your business insurance policy comes up for renewal, it's natural to wonder if you might be able to get a better deal or access better customer service. Perhaps you're reading this blog, but currently have coverage through someone else. As a business owner, switching insurance is particularly daunting. Finding coverage that protects your assets [...]

By | October 5th, 2021|Insurance information, Insurance tips|0 Comments

5 Most Common Insurance Misconceptions

Lack of good information has led to plenty of misconceptions about franchise business insurance. We wanted to take the opportunity to set the record straight about the 5 most common insurance misconceptions out there. 1. All insurance is basically the same. It’s a common insurance misconception that all insurance is basically the same. The thought [...]

By | September 9th, 2021|Insurance information, Insurance tips|0 Comments

BOPs for Fast Food Restaurants

Restaurant customers often order a combo meal, since it has everything most people need—entree, side and drink. Packaging a burger, fries and a soda into a combo meal makes a lot of sense, and it's similar to how a Business Owners Policy (BOP) works in insurance. A BOP makes it easy to get the standard [...]

Taking A Proactive Approach to Insurance Market Trends

There is high hope that 2021 will be a better year for restaurants than 2020, and with good reason. Some trends are now moving in the right direction and some market shifts appear close to their peak. Most importantly, many insurance carriers and restaurant owners are embracing a proactive approach to the challenges that remain, [...]