COMPREHENSIVE INSURANCE SERVICES
Everyone likes a good deal, even if it's on Commercial Insurance! To get the best pricing on your business policy - either a new or renewal one - try the following techniques: 1. Examine your worksite for risks that could lead to an insurance claim and make needed changes to reduce those chances. Employee safety, physical and data security, and improvements in inventory and property management can all reduce your insurance premiums. 2. Consider your ability to handle a higher deductible. If you have the resources to keep a fund of cash in reserve, you could save on the costs of your policy. 3. Think about bundling your coverages. A package policy might meet your needs. 4. Scrutinize your claims history and make sure it is accurately represented to each insurer. Do the same for your credit report. Some states premit the use of credit scores in determining underwriting, and a bad credit risk is often considered a bad insurance risk. Clean up any errors or disputes before applying for insurance. If you have a security system or an upgraded fire suppression system, make sure your agent knows so that information can be included on your application. The same goes for special hiring practices and data security programs that reduce the potential for other losses due to theft or other employee risks.