Getting the correct, relevant and sufficient insurance at the optimum cost is an important cost factor for any business; insufficient cover or paying too much for your cover is bad business.
WWW.NAIC.ORG/STATE_WEB_MAP.HTM

Here are some things to consider in choosing an insurance company for your business insurance:

• Price: The cost of coverage can vary greatly from one insurer to the next without any difference in coverage.

• Stability: Companies are rated for their stability by various rating services such as A.M. Best, or Standard & Poor. Consider companies with a Best’s Rating of B+ or better

• Excellent Service

• Physical Location: Company with a physical location in your state and registered to sell insurance in your state. You can determine this by going to your state insurance department: http://www.naic.org/state_web_map.htm

• Choice of Counsel: Allows you to pick your own attorney to defend you in case of a lawsuit

I’d like to hear what you’ve got to say about business insurance. Please leave a comment…