Own a Small Business? 6 Ways to Save on Commercial Insurance

save on commercial insurance

If you own or operate a small business you know how costly commercial insurance can be. If you stay in business long enough you will more than likely experience a claim that shows you how valuable insurance can be when a disaster strikes your business. In many cases, having the proper insurance in place can be the difference between being closed for a few days or weeks and being closed permanently.

6 Ways to Save on Commercial Insurance

Here are 6 simple strategies small business owners can use to save their business significant amounts of money when quoting coverage for their business.

1) Partner with an independent insurance agent.

The first step to save money on commercial insurance is determining who to partner with for purchasing the necessary coverage. Independent insurance agents are a great route to go because they have the ability to shop your policy around to many carriers in order to get you better coverage at rock bottom rates.

If you partner with an agency who only partners with one carrier or a select few carriers then you are never sure your premium is competitive. It is . . . → Read More: Own a Small Business? 6 Ways to Save on Commercial Insurance