Mark Franco Sr., president of Alpha Risk Services is pleased to announce that the firm has released Budget Alert 2009, a special report for the multi-family housing industry that identifies tips for reducing the cost of insurance premiums.
Budget Alert 2009 is a complimentary report that outlines actions that can easily be taken at both the corporate level and at the property level to ward off escalating insurance premium costs. Budget Alert 2009 is available for immediate download, simply by requesting a copy through the firm’s website. Historically, hurricane season parallels budget season making it difficult for companies to give budget impacting areas the focused attention required to ensure costs are minimized.
However, with the release of Budget Alert 2009, Franco is confident that many companies will see the value in being prepared and forward thinking when it comes to budget decisions for the upcoming year.
“The budget season is an ideal time of year to address factors that can impact a company’s overall profitability. Insurance premiums are a significant line item for companies, and anything that we can do to help companies reduce the cost of annual premiums means more money and ultimately better profitability for the company.”, Franco remarked.
What a company pays in annual insurance premiums is affected by everything ranging from hurricane statistics, to safety procedures at each property site. While there’s not much a company can do about natural disasters and the like, there are many initiatives that can be exercised to keep insurance premiums low. Alpha Risk Services has built its reputation on doing just that – providing industry insider information to help companies reduce costs like insurance premiums and minimize the often expensive trigger items that can cause unwarranted increases in insurance rates.
