From new start-ups to long-established companies, having the right insurance is essential to safeguarding commercial income and assets. As a business owner, you already know the importance of shopping around when purchasing business insurance coverage, but where should you start?
Why Use a Broker to Shop for Coverage?
A broker is someone who connects you to an insurance company. Acting as a middle-man, this person shops and compares rates from multiple commercial insurers, helping you to find the coverage combination that fits your needs and protects your bottom line. Not only does this save you the time of comparison shopping for yourself, but it can deliver tremendous savings, too.
Choosing a Business Insurance Broker Maine
When choosing a Maine business insurance broker, you should look for someone who has extensive insurance credentials and experience. They should understand the risks of your industry and be able to make coverage recommendations accordingly.
In addition, your broker should come strongly recommended by other businesses and have references to back up those claims. Furthermore, you should look for a broker who works full-time in the insurance industry.
This is, after all, someone who will be your point-person when you have questions that arise in the future. Make sure you will be able to maintain an ongoing relationship with your broker and that you will be able to reach them whenever the need arises.
If you own a business in Maine, you could be underinsured or paying too much for your coverage if you aren’t working with commercial insurance broker. Contact our office to find out how we can help you save on the coverage you need. We look forward to serving you soon.