Arkansas HVACR NewsMagazine November 2021

S tate, National, Chapter News State national Chapter News

Insurance Risk Transfer

Nick Hall Cross Pointe Insurance Advisors In Partnership with Arkansas HVACR Association

One of the most important elements of any business’s Risk Management Program is transferring risk through insurance. By purchasing a Liability or Property Insurance Policy, you are transferring your risk of a claim to the insurance company for a pre- determined amount of money, your premiums. This also typically is the largest cost within an organization’s Risk Management Program. So, this month I wanted to make sure that you all know that you have a great benefit within the Arkansas HVACR Association that could save you money. Did you know Arkansas HVACR Association Members get a 10% member discount through EMC? From there they will adjust the rates based off of your claims history and operations, but the starting point on your rates is only 90% of what a non-members would be! If you have not pursued a quote from EMC, there is no better time than now, and getting a quote is much easier than you may think. I put together the included forms that will allow us to get pricing for you from EMC.

With the information in this form, we are able to get you a good premium indication, and would only need a couple more specific things from you in order to turn that premium indication into an issuable quote. If you are unsure of any of these answers, your best guess will be enough for us to get you an indication. I hope that some of you take this opportunity to get a quote from EMC and see if you could be saving on your insurance premiums! As always, please let us know if you have any questions!

It takes 970 Btu per pound of water to go from 211° to 212° and change the state from liquid to vapor. Every degree prior to that above freezing only took 1 Btu. It is always hardest just prior to changing your state in life.