Saving money on business insurance is not always an easy thing many companies to do. You have many options regarding insurance agents and insurance companies that at times can be confusing. We specialized in commercial insurance. We have a proven track record of providing the right combination of pricing and coverage, along with experience and responsive service.
There are a number of ways to reduce your business insurance cost without jeopardizing coverage. Here are a few:
- Use a broker who knows and understands commercial insurance. Having an understanding of the risks, and what markets best are suited for your risks, can result in lower costs. Have us shop your insurance. We have access to many insurers, this allow us to offer many options.
- Provide driver’s training- having educated and trained drivers can reduce your business auto insurance cost up to 5%.
- Have proper safety equipment.
- Use special markets. There are insurers that specialize in your industry. .
- Increase deductibles. Insurers often will provide good credits if you increase your deductibles on property or auto physical damage.
- Reduce your risk, Talk with your insurance agent about how you can help prevent insurance losses. You may be able to reduce your exposure to fires, work-related accidents, disasters or lawsuits. Reducing these risks may lead to fewer claims, which may lower your insurance premium.
- Keep up to date with current liability trends; liability claims tend to be the most significant claim with most aspects of insurance.
Having your insurance premiums reduced by cutting corners is not the ideal way to deal with high insurance premiums. That’s a case of addressing the symptom – not the problem. Lowering premiums by reducing the risks posed and faced by your business is a far healthier solution.
Fourrier Agency, Inc., a third generation-Louisiana owned agency, represents the most stable and financially secure companies in the marketplace today. We shop multiple A rated companies for you to provide a variety of options to choose from.