Insurance information Archives - Dickey's Barbecue

Top 10 Business Insurance FAQs

Originally published July 14, 2020. Last updated July 30, 2024. Have a question about your insurance? You’re not alone. Choosing the right insurance for your business is one of the most important decisions you’ll make for it. Business coverage options are generally more complex than many non-business coverages, which can add to the confusion if [...]

Curbing Inflation’s Impact on Business

Inflation has slowed significantly since June of 2022, when inflation hit a 40-year high in the U.S. According to the US Bureau of Labor Statistics (BLS), the average annual inflation rate is down from 8.0% in 2022 to 4.1% in 2023, with 3.0% expected in 2024. Though inflation is trending down, consumers and businesses may [...]

By | March 27th, 2024|Insurance information|0 Comments

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