5 Common Business Insurance Mistakes — And How Rammcy Corp Helps You Avoid Them

At Rammcy Corp, we understand that running a business comes with plenty of risks — and protecting your business properly requires more than just a basic insurance policy. Our experienced team takes pride in helping clients avoid common mistakes that could leave them vulnerable when they need protection most. Here are five of the most common business insurance mistakes, and how we help you steer clear of them:

1. Underinsuring Business Property

One of the most common — and costly — mistakes businesses make is underestimating the value of their assets. Whether it's equipment, inventory, or your physical space, having too little coverage could mean major financial losses after a disaster. At Rammcy Corp, we work closely with you to assess the true value of your property and ensure your policy provides adequate protection, giving you peace of mind that your investment is fully covered.

2. Overlooking Policy Exclusions

Every insurance policy has exclusions — specific events or circumstances that aren’t covered. Unfortunately, many businesses don't realize the fine print until they file a claim and find out the hard way. Our team at Rammcy Corp takes the time to explain your coverage thoroughly, including any important exclusions, so you know exactly where you’re protected and where you might need additional policies or endorsements.

3. Ignoring the Need for Cyber Liability Insurance

In today's digital world, even small businesses are targets for cyberattacks. Yet many business owners assume cyber liability insurance is something only large corporations need. At Rammcy Corp, we stay ahead of emerging risks and offer cyber liability coverage options that help protect your business from data breaches, ransomware attacks, and other online threats that could cripple your operations.

4. Choosing the Cheapest Policy Instead of the Right One

While everyone wants to save money, simply choosing the lowest-cost policy often means sacrificing important coverage. In the event of a loss, inadequate protection can cost far more than the policy savings. Our mission at Rammcy Corp is to find you excellent coverage at great pricing — not just the cheapest option, but the right solution for your business needs.

5. Failing to Update Coverage as Your Business Grows

Your business isn’t static, and your insurance shouldn't be either. Expanding to a second location, hiring more employees, offering new products — all these changes could affect your insurance needs. At Rammcy Corp, we build lasting relationships with our clients and regularly review your coverage to keep pace with your growth and evolving risks.

Protect Your Business with Confidence

At Rammcy Corp, we value the trust you place in us. Our experienced professionals are committed to helping you find the right personal and commercial insurance solutions, with outstanding customer service and great pricing every step of the way. Whether you're a brand-new startup or an established business, we’re here to make sure you're protected — so you can focus on what you do best.

Ready to review your business insurance? Contact Rammcy Corp today at 914-864-0570. We’re here to help you get the coverage you need and the peace of mind you deserve.