BORBALA’S SCHEDULE
Weekly Live Roundtable Calls
SEMINARS AND EVENTS Nov. 9: Women’s Leadership Summit, Akron, Ohio Nov. 14: Akron Bar Assoc. LRIS Appreciation Event Nov. 15: Think Tank Thursday, Women Business Center Nov. 15: EOA Learning Day Nov. 27: EOA Accountability Group Meeting Nov. 28: Full-Day Tax Seminar in Strongsville, Ohio
Register at BeyondTheNumbers.Club Thursdays at 2 p.m. EDT: • Nov. 1 • Nov. 8 • Nov. 29 Client Advising and Coaching Days
• •
Nov. 7 Nov. 14
• •
Nov. 21 Nov. 29
Schedule at Borbala.AcuityScheduling.com Prospective client inquiries: Borbala@ConciergeCPAs.com
PERSON OF THE MONTH
Q: What is your take on high vs. low deductibles and how do they affect the premiums? A: A high-deductible plan will obviously lower your premiums, but we have to look at the issue from all angles. Sometimes it makes sense to go with the low deductibles. Q: Gayle, I know you always try to push your clients to fill out and turn in their applications at least 2–3 months ahead of the application date. Why is that? A: If we get in an application early, there is enough time for me to run a marketing campaign for you and get multiple quotes and the best pricing. Otherwise, you’ll most likely get the standard rate, or you just have to renew without negotiating. Q: Tell me a typical situation about professional liability claims. A: On average, about 10–20 percent of all claims submitted are nuisance or frivolous claims and ultimately won’t end up being paid, but they still need defense by your insurance company. Sometimes you use your insurance for subpoena or grievance coverage, so make sure that’s something you have. Q: Gayle, how can our readers reach you if they have questions or if they want a policy review? A: I can be reached directly at (216) 447-5001 or via email at ghaase@attorneysliability.com . More info can be found at www.attorneysliability.com .
I have the privilege of introducing you to Gayle Haase from Professional Liability Services, Inc. Gayle is a professional liability insurance advocate, better known as a broker,
and has over 15 years of experience working with lawyers, CPAs, and business owners throughout the country. Q: Gayle, what are the advantages of working with a broker vs. directly with a specific insurance company? A: A lot of insurance companies do not even work directly with clients, so you do have to go through a broker to get a quote. Also, we can help you negotiate price and help you choose the right policy for you. Sometimes professionals do not even know what type of insurance they have — they think they have all the bells and whistles, but the reality is they only have a basic one that might not be sufficient. Q: Everybody wants to avoid having claims, but sometimes life happens. I heard that you regularly help professionals transition from a high-risk policy to a standard or preferred market. A: If you have had claims and were put in a high-risk market, there are ways to pull you out of that and move you back into the standard or preferred market as soon as we can. I help my clients put together a game plan for that.
2 ConciergeCPAs.com
Made with FlippingBook Online newsletter