Dale & Eke is taking the COVID-19 outbreak very seriously.  So, for the purpose of maintaining social distancing under CDC guidelines and to promote the health and safety of our clients, visitors and staff and reduce the spread of COVID-19, our physical office will be closed until further notice.

For the time being we are limiting all in-office meetings to those clients and potential clients who are not feeling ill or who have not shown signs of illness.  However, we are recommending that, unless you make other arrangements with your attorney, all client and potential client meetings occur via telephone or video conferencing.  If you have any paperwork for us that you need to drop off, please use the mail slot outside of the front door to our office.

We can still be reached at our office telephone number (317-844-7400). Your call will be answered by our office phone system and you may leave a voicemail in the general mailbox or with a specific attorney. All voicemails left in the general mailbox will be routed to the requested attorney or staff.

You may also email the firm through its website at  www.daleeke.com.

We will continue to monitor this evolving situation and adjust procedures as necessary.  Your health and safety, and the health and safety of our attorneys and staff, is our highest priority.  We thank you for your patience and understanding during these uncertain and unprecedented times.

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A Professional Corporation of Attorneys at Law

What may prevent a small business from getting insurance?

Virtually every type of business needs insurance to protect its operations. Without adequate insurance coverage, any type of liability exposure or loss could have disastrous consequences for a traditional corporation or an LLC.

Not all businesses will be able to access the coverage that they need. Insurers may perceive a business to represent too great of a risk and decline to offer coverage, limit the scope of a policy, or charge unaffordable premiums. Here are some of the most common reasons why a business may have a hard time getting insurance in Indiana.

Extensive past claims

An insurance carrier will conduct a loss history report on every business that applies coverage. Reports generally go back about five years but sometimes longer. If an insurer sees that a company has had several costly claims, it may determine that there is too great a risk of future claims.

Problematic finances

An insurance carrier may request to see a business’ financial records. High debt to asset ratios, interruptions in revenue, or previous filing for bankruptcy may preclude a carrier from extending coverage.

Poor physical conditions

Insurers will likely balk at insuring a business whose physical premises is not well maintained. Unaddressed capital needs or noncompliance with applicable building code are probably going to be a red flag.

Security concerns

When an insurance carrier sees that a small business entity is not taking steps to protect itself against loss, it may be reticent to offer coverage. Security shortfalls may include the lack of an alarm system with monitoring, poor access controls, or improper storage of valuable items.