Business Services Industry

Balancing your needs: focus on 'must-have" coin laundry insurance coverages.(Insurance)

American Coin-Op, November, 2004 by Partyka, Paul

There are a variety of devices such as locks and surveillance systems that protect your coin laundry from intruders. On a larger scope, insurance can help safeguard your business from a host of problems.

However, there's the balancing act of selecting the right insurance coverages without having to overspend. What are your insurance needs?

BATTLING MISCONCEPTIONS

"Sept. 11 brought about the biggest changes that I can remember in the past five years," says Ann Hawkins, NIE Insurance.

"Insurance prices skyrocketed after this catastrophe but are now beginning to stabilize. However, with recent hurricane activity prices may begin to take an upward turn during the next several months."

In addition, she adds, there are...

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