Pokimane's Guide to Business Insurance: Don't Get Caught Playing with Fire!

Understand the Fine Print Sweetie!

Hey there fellow streamers! So I heard that some Main Street businesses are skimping on their insurance coverage. Like seriously? That's playing with fire quite literally! I mean we all know how unpredictable the weather can be especially with climate change and all. So let's dive into the world of business insurance and make sure you're protected okay? Let's go! First things first you need to understand the fine print. Don't just assume you're covered for everything. Trust me I've learned this the hard way. You need to know what property damage is covered and what exclusions may apply. And don't forget about deductibles! It's like when you're playing Fortnite and you think you're safe but then you get sniped from behind. Ouch! So read that policy carefully my friends!

Don't Be a Penny Pincher Darling!

Now I know we all love a good deal but when it comes to insurance don't be a penny pincher. You might save a few bucks now but it could cost you big time later. Trust me I've seen it happen. So don't just chase prices without understanding what you're giving up. Read your policy carefully and don't rely on those summary info thingies. They can be deceiving just like a fake donation on stream. Yikes!

Prepare for the Worst Honey!

Okay so here's the deal. You need to run through likely weather scenarios and be prepared for the worst. I know it's not the most fun thing to do but it's necessary. Think about what could go wrong with your business property. Is it fire flood or maybe even a hurricane? And don't think you can outsmart the weatherman because trust me you can't. So be prepared and have a plan in place. Just like when you're playing Among Us and you know who the imposter is. Be one step ahead my friends!

Keep Up with the Times Darling!

Now this is important. You need to conduct an annual review of your insurance needs. Just like how I review my stream setup every year you need to review your coverage. Inflation makes things more expensive and what you planned for three years ago might not be enough now. So keep up with the times my friends! And don't forget to include inflation in your business valuation and property replacement cost estimates. It's like when you're trying to keep up with the latest Twitch emotes. You gotta stay on top of things!

Cash is King Sweetie!

In certain areas the deductible for perils like fire wind and hail can be higher. So you might need to keep more cash on hand. I know it's not as fun as buying new merch but it's necessary. You don't want to be caught without enough cash when disaster strikes. So plan ahead and make sure you have enough emergency cash. It's like when you're playing Monopoly and you need to have enough money to buy Boardwalk. Cash is king my friends!

Don't Get Soaked Darling!

Water damage can be a real pain trust me. And most standard business policies don't cover it properly. So consider getting a separate flood insurance policy. I know it's like having to buy a separate DLC for a game but it's worth it. You don't want to be left high and dry when the floodwaters come rushing in. So protect yourself and your business. It's like when you're playing Animal Crossing and you need to protect your precious turnips from spoiling. Don't let them get soaked my friends!

Get Professional Help Honey!

Now I know we're all independent streamers here but sometimes you need a little help. When it comes to insurance it's worth working with a professional who knows their stuff. Just like how I have my mods to help me out you need someone who understands the intricacies of business insurance. Don't just rely on online insurance sweetie. Get someone who focuses on your industry and understands your needs. It's like when you're trying to find the perfect emote for your stream. You need someone who gets you my friends!