Did You Know? – Business Insurance

Business Insurance

Most, if not all Chamber members carry some or multiple types of business insurance such as general liability, workers compensation, property, and others. The types, amount of coverage and costs vary greatly depending on numerous factors. For some, the costs can be significant. Why not get some of that paid back to you in cash?

As a Chamber member, you exclusively have access to dividend-paying business insurance from Penn National Insurance through the ChamberChoice portfolio of products. Dividends are based on the claims ratio each year, so the more policyholders and the fewer claims, the higher the dividend. Over 20 Columbia Montour Chamber members have received a total of over $135,000 in dividends paid back to their businesses in the first four years of the program. In total, all ChamberChoice members have earned over $3.3 million in dividends since the program’s inception.

This product is sold directly to interested members by licensed Penn National agents. If interested in a no-obligation quote, contact Chamber members Associated Insurance Management at 570-275-0100 or Hutchison Insurance Agency at 570-784-5550.

“Did You Know” is dedicated to reviewing a specific benefit of Chamber membership as a means of reminding our members of the ways the Chamber can help you increase revenue or decrease costs in your business or organization.