Five Ways to Save on Business Insurance
Five Ways to Save on Business Insurance
Even in the best of times, businesses need to be prudent about how they spend their money. It is even more critical when the economy is evolving. Today, businesses are searching for ways they can operate more efficiently and trim back where necessary.
Business insurance doesn’t have to be a casualty of cutbacks. In fact, there are ways you can save on your business coverage while having little to no affect on your coverage. Here are five ways to save on your business insurance.
- Use an independent insurance agent. If the insurance agent you use is “captive” it means he can only represent the products of the insurance company he works for. On the other hand, an independent insurance agent represents you. He has access to many companies and is able to compare the policies of these different providers. This can be particularly beneficial when building a custom business insurance plan. If you are looking to save on your business insurance, the place to start is with an independent insurance agent.
- Get an insurance review. A business insurance review verifies your coverage and serves as a reminder of where you are and aren’t covered. Some companies have had their business insurance in place for years without taking a step back to see if it still serves its intended purpose. An insurance review allows you to reset your coverage to appropriate levels for today’s business needs.
- Pay through auto-pay. Many insurance companies provide an automatic discount when premiums are paid annually, semi-annually or through an auto payment plan. These are discounts you can take advantage of without affecting your business insurance coverage at all!
- Ask about discounts you may qualify for. Are you conducting more of your business virtually? Are more of your employees working from home? Has the number of your employees changed? These are just some of the factors that could lead to a discount in your business insurance.
- Make your workplace safer. One of the best ways to save on business insurance, especially liability and workers’ compensation, is to focus on creating a safer working environment. Installing fire alarms, video security systems and alarms and enhancing security are ways to earn discounts.
Get Started Today
Start by contacting one of our independent insurance agents and schedule a business insurance review. Find out where coverage is sufficient and where there may be gaps. Our agents will go to work finding you the coverage you need and deserve at competitive prices. You have nothing to lose. We look forward to assisting you.
Do you have questions about your insurance? Find an insurance agent near you with our Agent Finder
Search All Blogs
Search All Blogs
Read More Blogs
Peace of Mind for Your Business: Key Moments When Insurance Pays Off
Business insurance: essential protection for common challenges.
Navigating Life Insurance: 5 Common Mistakes to Avoid for Your Financial Future
Avoid these 5 common mistakes when buying life insurance.
Your Car’s Health Check: A DIY Guide to Safety and Maintenance
Simple DIY car checks for safety and maintenance.
Budget-Friendly Home Upgrades: 4 Ways to Boost Your Home’s Value and Appeal
Boost home value on a budget with these 4 DIY upgrades.
From Cutting-Edge to Clutter: Modern Antiques Hiding in Your Home
Uncover the surprising “antiques” in your tech drawer.
Unlocking Customer Loyalty with Smart Data
Turn customer data into your business superpower.
Is There an Age Limit for Life Insurance? Understanding Your Options
The truth about age and life insurance eligibility.
5 Automotive Icons That Sounded Destined for Greatness
Uncover the powerful names behind legendary cars.
7 Surprising Facts You Didn’t Know About Home Insurance
Unexpected insights into the world of home and renters insurance.
Still Living in the Stone Age? 7 Signs You’re Resisting Technology
Uncover your tech resistance and unlock modern convenience!