Hard Extensions
Renewing your insurance policies at the very end of the year, or the beginning of the following year drastically increases the odds that something is missed.
This could include:
-Missing notification requirements
-Complicating the process of shopping around for more appropriate coverage.
-Failing to catch new exclusions or policy errors.
-Your agent/broker failing to catch new exclusions or policy errors.
-Getting caught with new policy requirements with little time for implementation.
Etc.
With that, here's an easy hack to increase the attention given to your business and lower the odds of a mistake happening.