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How NY Tourism Impacts Business Insurance

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Simple updates to your business insurance policy can drastically impact the long-term success of your business. Staying abreast of the latest news impacting your business insurance is a great way to know when updates are necessary.

Two weeks ago, Governor Andrew Cuomo announced that he would approve a $60 million dollar tourism budget, which would ultimately attract more visitors to NY State.  This triples the tourism advertising budget of $19 million from last year and could present a huge boom for the Albany / Capital District.

New York State was visited by 202 million people last year.  With focused advertising campaigns directed at attracting even more this year, local businesses could see significant increases in revenue. Albany business owners need to begin preparing their businesses now to capture the potential benefits of many new visitors to our great state.

One of those preparations is updating their business insurance policies. Watch this short video explaining two updates to the business insurance policy that every business owner should consider:

(Click here to view this video on YouTube)

At The Murray Group, we work hard to help the residents of New York State become better consumers of insurance products. A big part of that is staying on top of the latest news impacting New York insurance consumers.

We’ve found that YouTube videos help us deliver timely information and advice in an easy-to-digest format. If you’d like to receive more of our great videos, I encourage you to click here to subscribe to our YouTube channel.

Thank you and Good luck,

Ryan Hanley, CIC

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