Tifton, GA -- (ReleaseWire) -- 07/27/2022 --Brownlee Agency Insurance Solutions serves businesses with commercial insurance in Sylvester, GA, Moultrie, GA, Tifton, Valdosta, Albany, GA, and the surrounding areas. While commercial insurance coverage is crucial to keeping businesses and business owners protected, not all policyholders completely understand what their policies entail.
Brownlee Agency Insurance Solutions helps business owners understand their insurance policies by defining these five common commercial insurance terms:
1. Split Limits - Insurance coverage may be split into separate limits for different claims for a single or combination of events. This is referred to as split limits.
2. Underwrite - This is the process of verifying the information provided to determine if the risk is acceptable or not.
3. Non-Renewal - A non-renewal is an insurance policy's normal expiration date.
4. Written Premium- The written premium is the total premium amount for a specific time period, on all policies, that is written by the insurance carrier and defined in the policy.
5. Peril - In an insurance policy or claim a peril refers to the cause of loss.
About Brownlee Agency Insurance Solutions
Brownlee Agency Insurance Solutions offers comprehensive and affordable commercial insurance in Sylvester, GA, Moultrie, GA, Tifton, Valdosta, Albany, GA, and the surrounding areas. Since 1974 Brownlee Agency Insurance Solutions has been the preferred choice for commercial insurance coverage.
With a passion for helping local businesses thrive, Brownlee Agency Insurance Solutions helps local businesses find the ideal insurance coverage policies that not only match their specific coverage needs, but their budgetary requirements.
By representing over 25 of the nation's top insurance carriers, Brownlee Agency Insurance Solutions presents their clients with a range of potential coverage options, and arms them with the knowledge needed to make the best choice when it comes to selecting the right policy. Visit www.brownleeagency.com to learn more about commercial insurance in Sylvester, GA, Moultrie, GA, Tifton, Valdosta, Albany, GA, and the surrounding areas.