Our tips for saving money on your business insurance are based on steps that you can take to lower your monthly insurance premiums without sacrificing on your coverage.
Shop Around – You should always shop around for your business insurance. Call several companies and consult consumer magazines, it’s the best way to get a feel for the service that they provide.
Work with a Broker – Insurance brokers can provide you with valuable advice to help protect your business from unforeseen disasters. Work closely with them and you will find a great deal.
Policy by Price – Never pick a business insurance policy based on its price. Most people find cheap prices enticing, but they may not offer the full protection that you need.
Higher Deductibles – Deductibles are what you pay before your insurance policy pays out. Choosing a higher deductible means that you will pay less for your policy!
Terms & Conditions – Don’t forget to check the terms and conditions of your policy. There could be clauses within them that you do not agree with.
Package Policies – Look into purchasing a package policy. It can sometimes be cheaper to buy your insurance as part of a package deal.
Regular Review – It is important to regularly review your business insurance policy, this will help you remain covered for the right things as your business grows.
Save time finding the right insurance policy for your business’ specifications and compare business insurance quotes online from trusted UK insurers with Ashburnham.