As a business owner, you have lots of things to keep you up at night. One of them should not be your commercial insurance. The reason commercial insurance is so crucial to your business is it protects it from the things that can put you out of business. Commercial insurance is not the type of insurance that is identical for every business. Having an insurance agent who knows your business and the needs of that business is vital, and in Senatobia, MS, that is Storey Insurance. Here are a few tips for buying commercial insurance.
Assess your risk
You can’t expect your insurance agent to know your business better than you do. You need to understand what your weaknesses are and the areas that need protection. You also need to know anything that might be considered risky business and correct it if possible.
Choose a reputable insurance agent.
Your insurance agency can make all the difference when it comes to choosing your commercial insurance. With all the different available components of commercial insurance, having an agent who takes the time to understand your business and only tries to sell you the insurance that is right for you is important. Nobody wants to pay more than they should, especially when there is no benefit to your business.
Either do the shopping yourself or go to an independent insurance agency so they can do the shopping around for you. Not every carrier provides the same level of service and the same pricing. You want to be sure you get excellent service but pay the best possible price.
By bundling some of the coverages, you may be eligible for discounts, or you may want to consider a business owner’s policy that pre-bundles several different coverages together.
When you are ready to update or review your current commercial coverage, at Storey Insurance in Senatobia, MS, we are prepared to give you a no-obligation quote. Give us a call or stop in our office.