Friday, 28 December 2012
Please be careful when shopping for business insurance. Any agent can give you a "cheaper" quote but keep the old saying in mind, "you get what you pay for". Cheaper is a word we hear frequently from small business owners but most of the time, cheaper means less coverage or quotes with holes in coverage that leave your business assets unnecessarily exposed to a loss. These "cheaper" quotes could have much lower limits of coverage, higher deductibles or missing coverages that may be important to protect your assets. Some of these coverages that may be missing or have low limits could be: spoilage for power outage, hired & non-owned auto, money & securities, property in transit, employee dishonesty, liquor liability, ordinance & law, sewer backup and there are many more.
The main point here is that there are "cheap" quotes out there that may look good on the surface to the untrained eye and many save you a couple hundred dollars or so, but is it really worth it to switch to save a little now and then a claim happens and you find out later that you don't have the coverage you need? If you ever have doubts, you can send your quote to our agency and we promise to give you our honest opinion as to how it fits your needs. If it's a good quote, we will tell you so. If not, we will recommend options to you.