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Are You Ready?

Preparing tomorrow's insurance claim today will save you time, energy-and headaches.

This story appears in the May 2000 issue of Entrepreneur. Subscribe »

If you're like a lot of entrepreneurs, you probably don't think much about filing an insurance claim-except to hope that you never have to. But what if something happens, and you find yourself bombarded by forms and requests for information? Taking the time to prepare in advance for such a situation will not only make the process easier on you, but also settle your claim faster.

"It takes a whole lot longer to resolve a claim when the business owner isn't able to produce the documents needed in a somewhat timely manner," says Melody Mosley, an attorney and partner with Berger, Kahn, Shafton, Moss, Figler, Simon & Gladstone in Irvine, California.

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