Greetings from your Cross Insurance Agency Commercial Team and welcome to our first business-focused newsletter!
Our goal is to send short, bi-monthly newsletters full of valuable information you need to keep your business protected, along with a little behind-the-scenes fun with your insurance partner.
Once you’ve read through our first issue, hit reply and share your thoughts. I want to hear what’s happening with your business in 2021 and what trends you are watching.
— Mallori Romero, Commerical Lines Lead and Account Manager
In today’s edition:
Rising construction costs and insurance, what we are watching.
Oregon Tax Use Bonding and how we can help.
Getting ready for farm stand and farmer’s market season.
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Price Lists are changing faster than the weather
If you’ve done any sort of construction in the last 12 months, you are well aware of the rising cost of materials and supplies. We have also been closely following the cost of raw materials. Why?
For insurance, you want to make sure your coverage gives you enough cash to rebuild should you experience a partial or full loss of your property. If the cost of materials has increased significantly, you may need to adjust your policy to ensure that cost is covered.
Here is one of the raw materials trends we are following. If you are wondering about your policy, hit reply to chat with your agent.
The State of Oregon Department of Transportation may require you to carry a surety bond when traveling through the state, in addition to your standard insurance requirements. If you are thinking of starting new trucking, hauling, or towing business, or expanding your existing business into or through Oregon, you’ll need a bond.
Contact Abby, our trucking specialist and she’ll get you taken care of.
You can find the entire list of fees on the Secretary of State’s website and in this document provided by the Department of Licensing. Or you can contact Abby, our trucking specialist and she will take care of it! Hit the link below to send her a direct email to get the process started. She can help you through the entire process, plus find you a surety bond.
Spring is in the air across the Pacific Northwest, this means it is nearly farm stand and farmer’s market season. With the warmer weather and easing social distancing restrictions on businesses, consumers are itching to get out of the house. We might be in for a busy Spring.
If you sell at a market or on your property, we’ve created a thorough guide with everything you need to be properly covered. Give our guide a read here.
Our farm expert Stephanie Seeds and local craft seller expert Darcey Beck recently sat down to discuss this topic and recorded it as a podcast. In this conversation, they give even more details and give some real-world examples. Give this episode listen!