Solving Common Loss Recommendations
After an inspection, insurance carriers often provide a list of loss recommendations. Loss recommendations are just that—recommendations to reduce the possibility of a loss or claim or reduce the severity of those that do occur. Though they are referred to as “recommendations,” loss recommendations have become more like requirements. In the current insurance market, they have become mandatory and usually come with a deadline for completion. Generally, if these requirements aren’t complied with in a timely fashion, insurance is canceled or non-renewed.