If you are a small business owner, you must make sure you insure your business properly. It is very, very important no matter what kind of business you are into. Small business insurance can save you from natural and man made disasters, liabilities, and more.
Choosing the right kind of insurance for your small business is extremely important, as it must provide you with adequate coverage, in consideration of the amount of the premiums required. To put it simply - your goal is to insure your business in the best possible manner at the right price.
There are different types of insurance available for small business owners. The most important ones include business property, business liability, business disability, and error and omissions insurance. Since insurance is a complex topic, it can confuse you at times. So, you need some professional help. This is where an agent can help you.
Business insurance agents are people who bridge the gap between insurance companies and policy holders. They send out reminders about premium payments, they ensure that the paperwork is done without any delay, and they also take care of all the paperwork involved with the policy. In short - they take care of all your insurance needs.
There are two types of business insurance agents - captive agents and independent agents. Captive agents are people who represent a particular insurance company. Independentagents are people who represent a number of insurance companies. In general, it is advisable to go for independent agents as they work with several insurers and have a good understanding of the different types of policies available for small business owners.
How do you find a good, credible small business insurance agent? Your best bet is to search online. You have access to a nationwide pool of qualified agents, and can usually get a quote from them within minutes of filling out a short form with information about your business. Also, ask friends and family members with small businesses who they use.
This way, you can contact a number of insurance agents and choose the right one for your situation. How do you find out a good, experienced agent among all these business insurance agents? Let us take a look.
1.Check out his credentials. How experienced he is, how knowledgeable he is, and what kind of track record he has as an insurance agent. This should give you a good idea of what he is actually capable of.
2. Ask for references. Their clients are best suited to give an honest opinion about them.
3. Make sure the agent you like and feel most comfortable with is both licensed to sell the range of coverages you need and that he or she is well qualified to do what they are doing. Most licenses are state specific. So, check if he is qualified to operate in the state where you run your small business.
4.Get in touch with the Better Business Bureau and/ the Department of Insurance to see if anyone has lodged a complaint against him.
Once you find a good small businesses insurance agent, you will be presented with many different options. Get optimum coverage and protect your business from unforeseeable risks.
Always remember, even though you put you trust in your business insurance agents, in the end - if something bad happens, the problems are yours and only yours.
So be prudent in your choice of business insurance agents and the coverages they provide.
Individuals who think strategically, plan comprehensively, and execute flawlessly will certainly outpace those who simply set goals and hope for the best. They understand the importance of developing skills and relationship that will continuously move them toward their objectives.
Successful business insurance agents play a vital role in the financial security of the small business owner's organization and their family. Successful business insurance agents are the only people who bring cash to the funeral, money to the fire, and checks to the flood. See what others are saying about business insurance agents, business insurance in general, and contribute to the discussion!
Each of us is concerned about the continuous refinement of our strategies and tactics toward enhanced productivity and greater profitability. And yet for most of us there is a gap between where we are and where we want to be next year and the year after that.
Sunday, March 15, 2009
Just How Helpful Are They to Your Small Business?
Is Admiral Auto Insurance a Recommended Company?
Q: I just received a quote from Admiral Car Insurance which was pretty low. Are they a legitimate company? If so why the lower price?
A: Admiral Car Insurance has been writing policies in the UK for quite some time and good for you for receiving a quote you find affordable. With that being said there are a few things you should do before buying an insurance policy from Admiral or anyone else.
Car insurance policies can be intimidating to the average person due to the amount of legalese and fine print in a policy. Buying auto insurance is not a complicated process however. Put aside all the clauses, sub articles, and five dollar words and take two things into account.
1. How much does the policy cost?
2. How much coverage do you receive?
That's all there really is to it. Have the agent give you these two numbers and compare them with quotes you have received from other car insurance companies. The last thing you should do after receiving these figures is to make sure the company has been in business for a while just to be sure they will be there if you need them.
When buying car insurance, whether it is Admiral Car Insurance, or another company simply follow the above advice and you should do well for yourself.
Lastly, we would strongly recommend that you shop online for additional auto insurance quotes. Comparing quotes from several different companies is a great way to save money on your annual auto insurance premiums.
Sunday, February 22, 2009
Why Travel Insurance is a Must
Travel insurance is necessary for your vacation packages and without it all your travel dreams cannot come true. Travel insurance is essential for a traveler as it covers your medical and financial expenses and losses incurred on your domestic or international travel. It’s usually arranged at the time of booking the trip and covers the exact duration of the trip
Many travel agents offer insurance, as part of their travel packages but it will be worth for you if you arrange it on your own through an online source. You can search for a good insurance policy and choose between single and multi trip insurances. If you plan to travel once in a year, then travel insurance of single trip policy will be suitable. But if you have plans to travel frequently then you can consider taking multi trip insurance policy. Continuous insurance can be bought from travel agents, travel suppliers like tour operators, cruise lines and companies offering travel insurance
A multi trip insurance policy is commonly referred as annual insurance travel policy and can save big money in the long run. While arranging for insurance policies for travel, be clear with what the insurance coverage is provided along with the inclusions and exclusions. Always remember to look at other things also if you look for a compromise between your travel insurance coverage and the premium to be paid. Never assume that a policy with cheap premium will not offer good insurance coverage. This may work in reverse also. A policy taken at a higher price need not cover all aspects of insurance coverage required by you
As a traveler you face lot of problems and risks while traveling like loss of property and money, trip cancellation, natural calamities, accidents, occasionally death and terrorist attacks. You cannot prevent these risks or stop your travel plan but you can reduce the risk involved by taking travel insurance policies
The concept of travel insurance is very simple. You pay a travel insurance premium to the company and they in turn covers for your loss of valuables, accidents and unforeseen things.
The premium you pay for travel insurance covers risks faced on travel like
There are lots of possibilities for trip cancellation due to unavoidable circumstances and last minute cancellation will fetch you very less amount as refund. Your travel insurance covers such losses and provides the cancellation cost but the reason for cancellation must be part of the agreement you have signed with the company
If you lose your baggage then the insurance company pays for the baggage cost but again based on the rules of your insurance contract. A travel insurance policy sometimes covers your medical expenses if incurred while traveling. But if you have got health insurance separately then you don’t have to spend again for health insurance during travel.
Generally travel insurance covers other things like accidental death, medical evacuation etc
An important golden rule of all insurance policies is to go through the agreement carefully because most of the time you apply for insurance policies during emergencies
Travel insurance is offered with various options for different types of travelers like student, business, adventure, international and leisure travelers. Travel insurance is also offered for participating in sports involving high risk and traveling to certain countries which have a high risk.
Sunday, January 25, 2009
How Your Occupation Affects You
Believe it or not, your occupation can save you a lot in car insurance premium. On the other hand, it could also cost you so much. I'll give examples from opposite ends of the spectrum and explain why this is so. Finally I will show you how you can make considerable savings even if your occupation is at the undesirable end of the spectrum.
pay the lowest car insurance rates. They pay as low as $870 on the average. Retired persons pay slightly more at an average of $920. Pilots and navigators also belong to the low car insurance rates bracket.
For those in the high car insurance brackets, you have the business owner as the most expensive to insure. They average around $1400 in car insurance premiums. Following closely is the executive with an average of $1,375. Attorneys, lawyers and judges average $1370.
are the opposite extremes (Don't worry if you fall into the expensive occupations. I'll show you how to lower your rates considerably). Back to what we were saying...
Occupations that attract low car insurance rates have some or all of the following in common...
1) They are usually low stress occupations.
2) The safety of others is paramount in their training. Sometimes their driving records can even determine if they'll be allowed to practice at all.
3) Their occupation often makes them use public transport systems.
4) A number of them are generally considered to be very meticulous.
This certainly affects their driving habits.
On the other hand, occupations that are expensive to insure have the following in common...
1) Their jobs are usually very stressful.
2) They often have to spend more time in their cars.
3) They tend to use their cell phones a lot more while driving than the average driver.
If you look at the different categories, it will become very obvious why certain occupations are expensive to insure while others aren't.
Now, whichever group you belong to, you'll make considerable savings by understanding the fundamentals that influence your car insurance rates.
By: Chimezirim Chinecherem
Featuring Exclusive Insurance Leads
The site offers and advertising for the insurance industry allowing for only one agent per zip code. This means that should someone be looking for insurance and selects the zip code you have registered, you will be the only result.
Due to the success and increasing demand of InsureMyHouse.com, there was need to develop and launch a site designed specifically for Life Insurance. As a result and in just over two weeks there have been over 200 zip codes registered in the directory.
All states are open for registration. The following states already have agents listed. They include: Alabama, California, Colorado, Connecticut, Georgia, Illinois, Maryland, Massachusetts, Missouri, Nevada, New Jersey, New York, Oregon, Pennsylvania, Texas, Virginia and Washington.
By; Daren DiSantis
Taste a Better Vacation Now
Want to go for an exotic holiday tour? You can get several packages that will provide you both fun and comfort. But apart from that another most important thing is security.
If you do not have security of your money and your health then you will not be able to enjoy your holiday. So, you should opt for the holiday travel insurance policies. But as you may be a frequent holiday tourist and like enjoying every festival or beautiful seasons outside then the perfect insurance policy will be the annual holiday travel insurance.
The greatest advantage of getting such an annual policy is that you will have to pay comparatively less in premiums. If you would have opted for particular insurances for different tours the rate of premiums would have fluctuate and increase too. So, it is better and static. However, having a single insurance for whole family is even better. The costs per month will be distinctively less.
The benefits of having such insurances are a lot. The most important thing is that you will be safe and your tensions will be no more. It provides financial assistance in any kind of disaster like loss or theft of your money, luggage or any jewelry; physical injuries or accidents or illness; cancellation or delay of flight, false reservation of hotels, natural calamities or many other things. Even you cannot rely fully on your debit or credit cards. Sometimes these too do not work and the outcome may be very dangerous for you.
These insurances will assure you of providing full security by providing the lost money back. You will not have to worry for the losses after coming back from the holiday tour. There will be full help to you provided by the annual holiday travel insurance. So, opt for it and taste a different vacation this time.
By: phie Wilson
