Commercial Insurance Quotes and What it Takes to Get Them

Running a business with insufficient insurance coverage (or none at all) is dangerous! If you have recently started a business of your own, or you have recently experienced changes to a business you have had for years, then it is time to look at your insurance needs. So what is holding you back? Are you apprehensive about asking for commercial insurance quotes, because you are unsure of what it takes? Well, it doesn’t have to be difficult, as long as you remember that the key to getting a commercial insurance quote – or any insurance quote – is information. Having enough information, and having the right information, is crucial for an insurance agent to give you a realistic quote. More so with businesses than for private purposes, since businesses vary so much from one to another. It all depends on what you want to insure.

All businesses need commercial liability insurance, to provide coverage in case of damage to a third party – even if they don’t need anything else. A simple commercial general liability insurance may be all it takes, but even this requires some information for a proper quote to be given. It may be information about what you produce/offer in your business, the physical location of your business, and access to it. If clients must climb up a rope ladder to enter your office through a tiny window in your medieval stone tower, then that might affect your liability premiums a little. You should expect to provide this sort of information for a quote to be given. Commercial liability insurance can also be part of commercial motor insurance. In this case, the insurance agent will want to see drivers license numbers of anyone who will be driving the company vehicles. This is in order to pull information to assess the risk of letting these people drive a car, and thus deciding what the premium should be.

This was just an example of what information you should be ready to present, when asking for commercial insurance quotes. If the thought of talking with a commercial insurance company on the phone or in person intimidates you; you will be glad to learn that there is such a thing as online commercial insurance quotes. This is really a great way to get started with the process of buying insurance, because it allows you to gather your information and present it at your own pace, instead of getting stressed out from the feeling that you have to “perform” in front of an insurance professional. You may still need to schedule a meeting or two down the road with an agent, but by then you will already have presented your business and your needs, and can relax a bit more. This approach certainly works for me.