Pub. 2 2012 Issue 4

20 AUTOMOBILE DEALER NEWS ILLINOIS www.illinoisdealers.com  business “checkup” — continued Our 10-step informational guide makes switching your DMS easy A Dealership Management System Designed By Car People, For Car People™ @AutoMateDMS (877) 340–2677 Visit automate.com to download our FREE eBooks to help guide you through the DMS decision making and data conversion process Think changing your DMS vendor is hard? operations that were not contemplated by your current programs. It provides you an opportunity to gauge the effectiveness of your current risk management plans and also uncover patterns in your loss experience that suggest the need for additional risk control attention. Finally, an annual review can help you determine if you are appropriately targeting resources to risk control programs that have the greatest impact on your bottom line. An annual risk management review may have other indirect benefits as well: • Help protect your future insurability by controlling losses and reducing claims. • Provide cost savings through reduced insurance premiums. • Trim expenses by reducing the hidden costs associated with claims—such as lost productivity, additional costs for hiring and training, and lost goodwill. • Assist in creating a safer, more favorable work environment to attract and retain high-quality employees. Your recommended insurance carrier, Federated Insurance, provides an Annual Client Review SM and a Risk Control Re- view SM for each insured business each year. These reviews are part of the Company’s Major Client Service Standards. You should expect your insurance agent or company to visit with you annually for a check-up of your insurance and risk management programs. You may find annual reviews are the best prescription for maintaining the health of your business.  This publication is intended to provide general recommendations regarding risk prevention. It is not intended to include all steps or processes necessary to adequately protect you, your business, or your customers. You should always consult your personal attorney and insurance advisor for advice unique to you and your business. For more information, contact www.federatedinsurance.com. An annual review can help you determine if you are appropriately targeting resources to risk control programs that have the greatest impact on your bottom line.