#43 The Entrepreneurs' Guide to Insurance: Protecting Against the Unexpected & Why We Must Get It Right!
Description
With the increasing frequency of disasters like hurricanes, wildfires, and wind events, insurance serves to restore one's financial status in the event of loss. Few things can be more important to the entrepreneur which has already put so much on the line just to go into business.
That's why in this episode of The Money Doctor® podcast, host Mildred Dillon CPA, tackles the essential topic of insurance coverage, especially in the context of storm damage. Special guest Melissa Phan shares her expertise in property and casualty insurance, explaining the importance of timely actions after a storm, the process of filing claims, and strategies to ensure you are adequately covered. The discussion also delves into the steps to take when seeking insurance approval and how to build a trusted relationship with your insurance provider. Business owners and entrepreneurs will find valuable advice on protecting their assets and ensuring business continuity in uncertain times.
Many thanks and a huge WELCOME to Melissa!
0:00 Show Preview
01:29 Insurance Show Intro
02:25 Meet Melissa Phan, Republic Roofing
06:40 From Passion to Promotion
07:52 Timing Matters When It Comes To Insurance
10:33 ABCs of Insurance
12:51 Why Call Melissa
17:29 Casualty Losses & Taxes
18:58 How to Work With Republic
23:08 Financial Statements Matter
25:22 Contact Melissa
Melissa Phan
C: (281) 779-9911
melissa@republic-roof.com
United States
