Commercial insurance policies are very important to have if you have a commercial business. Choosing the right one can be a daunting task. That is why we are proving you with some tips on how to choose the right commercial insurance policy for your needs.
- Remember that cheaper is not always better when it comes to insurance. Do not get lured in by a lower price. When you see a lower price, that may be for a variety of reasons. It could be because the insurance provider is not very reliable or it could be because the policy does not offer the coverage that you need. Because of these reasons, it is best to steer clear of the cheaper prices just because they seem to be a great financial option.
- Take a look at your business to see what kind of coverage you really need. The last thing you want to do is purchase commercial insurance that will not meet your needs in case of an accident. You also do not want to get too little if your business is growing. Take a look at your current business as well as the future and account for both.
- Think beyond the basics and cater the insurance policy to your business. Consider a business owner policy or a commercial insurance policy that includes a variety of different coverage types. The exact coverage you need will depend on the type of business you have. There are a lot of different kinds of insurance policies available and you want to make sure you have protection for all parts of your business.
For more information about commercial insurance policies or with assistance with getting a commercial insurance policy, please contact us at Insurance Center of Green Valley.
Unfortunately, accidents happen all the time, both in your everyday life and behind the wheel. How you react to the situation makes a huge difference in the outcome of the situation. This is especially the case since some people are out to earn a quick a buck and will do so no matter the expense to you.
1. Don’t Leave the Scene
You should never leave the scene with just a verbal agreement not to proceed with an insurance company. While it’s fine to agree that the accident was no big deal and that no claims are going to be made to an insurance company, you can’t be sure the other driver is actually going to follow through with this agreement. Your insurance company requires you to report all accidents anyways. It won’t hurt you in the long run to report it, but it could if you don’t report it. You can let the insurance company know there wasn’t any damage or that you’re paying out of pocket.
A picture is really worth a thousand words, especially when it’s one of the best ways to prove who’s at fault when compared to drivers verbally recalling the incident. Take pictures of the damage done to both vehicles. Snap pictures of the person’s driver’s license and insurance information if available. If there were witnesses at the scene, it doesn’t hurt to click a pic of their information. Get snapshots of everyone involved in the accident and the license plate of the driver.
3. Get a Cop Involved
A cop can’t force you to proceed with the insurance claim. He can report who’s at fault and be a reliable witness if the accident turns into a lawsuit or even a large insurance claim. He can even let the insurance company know the status of the other driver, so you don’t wind up getting a lawsuit for fraudulent medical issues. Keep in mind, no matter how you agree to pay for the damages, a cop must be called if the damages are estimated to exceed $1,000.
To receive a quote, contact Insurance Center of Green Valley today.