Business insurance rates are calculated according to a number of factors such as the size of your business, the value of your business assets, the number of employees you have, your various liability exposures, and the amount and types of coverage you want.
Coverage needs can vary significantly from one industry to the next, so it is best to work with an experienced insurance agent who can help you build a suitable and comprehensive policy package for your company. These agents can help you make sure that you are getting coverage against all of your business’s potential risks while helping you avoid paying for coverage that is not a good fit.
Also, because independent agents can work with multiple insurance companies, 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 independent insurance agent.