Commercial insurance premiums are calculated using a number of factors such as the type of business you own, the value of your company assets, the number of employees you have, your liability coverage needs, the amount of coverage you want to purchase, and more.
Business coverage needs can vary significantly by industry, so it is best to talk with an experienced insurance agent when you are working to build a comprehensive, yet affordable, policy package for your company. These agents can help you make sure that you are getting the right coverage for each of your company’s potential exposures while avoiding purchasing policies your business does not need.
Also, because independent agents are free to work with multiple insurance providers, they can search for the best price for each type of coverage you need. Sometimes this means building a business insurance portfolio that includes policies from several different insurance companies. Don’t worry. You will still only have one point of contact with your local independent agent.