As commercial insurance rates skyrocket, how can business owners keep costs down?

  • 📰 PhillyInquirer
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 68%

Commercial-Insurance-Premiums-How-To-Save-Money Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Insurance premiums for commercial properties have steadily increased, costing business owners thousands of dollars.

Over the last two decades, insurance premiums for commercial properties have steadily increased, costing business owners thousands of dollars to protect their workplaces.have steadily increased, costing business owners thousands of dollars to protect their workplaces. Unfortunately, the trend is continuing this year.How can businesses — particularly small businesses — keep their insurance costs under control this year? Here are few things to consider.

“It doesn’t cost us anything to shop policies, and by looking out for our clients’ best interests, we’ll be able to keep them for a longer period of time,” she says. “If you’re seeing an increase in premiums, you should always be pushing your broker to shop around and look for better deals.

“It’s a big deal if you’re a small-business owner and have to wait for your insurance company and it could potentially delay work or even payment,” said, head of small commercial at The Hartford. “In most cases, our system can deliver a certificate within minutes of requesting.”When you find a good carrier, consider bundling policies with them. Many carriers offer business owners’ plans that combine key coverages — liability, property, cyber — in one plan and at a discount.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 81. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

California insurance market ‘in chaos,’ says former insurance chief. Can the new chief fix it?Insurance non-renewals in California continue even as Commissioner Ricardo Lara introduces regulations favored by the industry.
La source: CalMatters - 🏆 261. / 63 Lire la suite »