If you own a business, large or small, it is imperative that you get the right commercial insurance. Before you can get a quote, you need to do a bit of background research on the company. Most people recommend getting quotes from at least two companies for comparisons and pricing. Therefore, you’d have to go through the research process twice.
Do They Have What You Need?
Most company owners will only require general liability, property, and worker’s compensation coverage. However, if you’re in a niche industry, such as e-cigarettes and e-liquid or health, you may need different options. Likewise, those who drive company vehicles or limousines may require specialty insurances, as well.
Visit their website to make sure they have the type of commercial insurance you need before you get a quote.
Experience
By reading their about page, you’ll get a lot of information about their backgrounds. You may want to consider private companies because they may use intermediary options, allowing you to get more affordable coverage for many industries including transportation, manufacturing, entertainment, and retail.
You can also determine which states they are allowed to offer insurances for, and what, if any, specialties they provide. Also, consider how long they’ve been in business.
You may also want to see if they’re on the Better Business Bureau and what ratings they have there if any. Just remember that no company is required to be listed on the BBB.
Options
The company you choose should make getting a commercial insurance quote easy. You should be able to do it online, buy online, and even view/check your policy online. Most company owners have so many things to do and organize that it makes it easier if everything is done over the Internet, rather than filing away all those papers.
