Business insurance quotes tailored to fit your company’s requirements are easy to get online, for price comparison. Then you can fine-tune the policy when you talk to an agent at the insurer which seems most attractive.
Some kinds of coverage are required by law even if a business does not have more than one employee, such as a sole proprietorship with an owner/operator. For instance, anyone in the fields of law, accountancy, or financial services is required to have what is known as personal indemnity.
Businesses with employees are required to carry some form of workman’s compensation for work-related injuries. Unemployment benefits are also necessary, and in some places disability is mandated as well. Check national and state regulations for both your area and your industry.
Other coverage is necessary from a practical aspect. To get and retain good personnel, you may have to offer health benefits and retirement programs. All commercial premises and professional services should be covered by liability, to protect assets from lawsuits. Home-based enterprises with tangible assets should have separate policies for home and commercial property.
Policies can be written for protection against loss by fire or flood, against theft, and against loss of revenue because of outside events or the death or long-tern illness of essential personnel (life insurance on the owner, for instance, so the firm can continue). Fortunately, policies can be customized to fit the particular characteristics of a company.
Online quotes can be tailored to fit your needs, can be area-specific to conform to legal requirements, and can still be fast enough to be called ‘instant’. You will find online sites posted by individual companies and others that are centralized, guaranteeing to put you in touch with a good selection of insurers with competitive offers.
Once you have a selection of business insurance quotes, you can follow up the ones that seem most attractive. Then, by talking directly to agents, you can compare such intangibles as customer service and take advantage of any discounts that might be offered.