How can business owners save money when buying insurance?
Business owners can save money on business insurance by utilizing an agent who sells insurance for multiple companies, also known as an insurance broker. Because a broker represents many companies, the agent will be able to shop around for the company that has the best program designed to meet your unique needs, or specializes in insuring your particular type of business. Most business insurance is sold through independent insurance agents/brokers. The agent will help you assess your insurance needs, and will help if you ever need to file a claim. Independent agents’ biggest strength is their ability to shop for the best insurance values among a variety of competing companies.