Black & Associates Insurance
  • Home
  • Quotes
    • Personal Quotes >
      • Property Quotes >
        • Home Insurance Quote
        • Flood Insurance Quote
        • Earthquake Insurance Quote
        • Landlords Insurance Quote
        • Renters Insurance Quote
      • Auto Quotes >
        • Auto Insurance Quote
        • ATV Insurance Quote
        • Classic Car Insurance Quote
        • Roadside Assistance Quote
        • Motorcycle Quote
        • RV Insurance Quote
      • Health Quotes >
        • Health Insurance Quote
        • Long Term Care Insurance Quote
        • Medicare Supplement Coverage Quote
      • Life & Financial Quotes >
        • Life Insurance Quote
        • Disability Insurance Quote
      • Other Quotes >
        • Boat & Yacht Insurance Quote
        • Event Insurance Quote
        • Umbrella Insurance Quote
        • Wedding Insurance Quote
    • Commercial Quotes >
      • Commercial Insurance Quote
      • Business Owners Package (BOP) Insurance Quote
      • Commercial Auto Insurance Quote
      • Contractors Liability & Bonds Quote
      • Performance & Payment Bond Quote
      • Professional Liability Quote
  • Service
    • Report a Claim
    • Update Contact Info
    • Policy Changes
    • Proof of Insurance
    • Request an Appointment
  • Insurance
    • Personal >
      • Property >
        • Home Insurance
        • Earthquake Insurance
        • Flood Insurance
        • Landlords Insurance
        • Renters Insurance
      • Vehicles >
        • Auto Insurance
        • ATV Insurance
        • Classic Car Insurance
        • Motorcycle Insurance
        • Roadside Assistance
        • RV Insurance
      • Health >
        • Health Insurance
        • Long Term Care Insurance
        • Medicare Supplement Coverage
      • Life/Financial >
        • Life Insurance
        • Disability Insurance
      • Other >
        • Boat & Yacht Insurance
        • Event Insurance
        • Wedding Insurance
        • Umbrella Insurance
    • Commercial >
      • Commercial Insurance
      • Business Owners Package (BOP) Insurance
      • Commercial Auto Insurance
      • Contractors Liability & Bonds Insurance
      • Performance & Payment Bonds
      • Professional Liability Insurance
  • About
    • Staff Directory
    • Client Testimonials
    • Refer a Friend
    • Insurance Carriers
    • Agency Photo Gallery
    • Blog
    • Additional Resources >
      • Local Resources
  • Contact

4 Key Tips When Getting Business Insurance

3/24/2020

2 Comments

 
Picture
​As your business grows, the risks of operating it increases. With that, it is your best interest to protect your livelihood, credit, savings, and reputation by getting insurance. And, if you decide to shop for one, see to it that you're already buying the right one for your business. Make the best with these key tips when purchasing business insurance:
  1. Know Your Needs.
    There are different types of insurance you purchase for your business. Depending on the industry you are in, you may need one or a combination of the following: commercial property insurance, professional liability, general liability, worker's compensation, and business interruption insurance.

    If you need them all, you can consider purchasing a business owner's policy instead, which bundles up the types of insurance you need. Through that, you can have them in a package and avoid paying separate premiums.

  2. Look For A Credible, Licensed Agent.
    Insurance brokers are there to help you get policies that perfectly fit your business needs. They have a deeper understanding of various insurance offers, the benefits, and can even get you discounts on packages. Be aware, however, that state governments mandate the industry and license agents. See to it to find a licensed broker to assist you with your business needs.

  3. Shop around.
    The costs and extent of coverage may vary from one insurance firm to another. Don't settle for the first insurance company you see right away. See offers from various firms or brokers and weigh with one will provide your business with the best protection at the most reasonable price.

  4. Assess Your Insurance Coverage Yearly.
    Through time, your business expands so are your liabilities. The last you'd want to be caught underinsured during any mishap. If there are changes in your operations like purchasing equipment or moving to a bigger location, you must discuss this with your insurance firm or broker right away. Through that, you can determine how these changes affect your coverage or policy. Then, many adjustments or add additional insurance if necessary to get the best protection.
​
Wrapping Up
Running a business always carries a certain degree of risk. No matter what you do, you cannot get it out of the equation. However, you can always get insurance to have peace of mind. Make sure to use the listed tips to ensure you purchase the best for your business and stay protected against any financial disaster.

At Black And Associates Insurance, we do our best in making sure that our clients are well-protected with affordable and comprehensive policies. We make sure to go the extra mile to help you with your needs. To learn more about how we can help you, please contact our agency at  (509) 464-0058 or Click Here to request a free quote.
2 Comments
kate hansen link
7/21/2020 02:10:18 pm

It's good to know that you should look into finding a licensed agent. My brother was telling me a couple of nights ago about how he is wanting to look into starting his own business, and that he wants to get insurance for it so that he is protected. I'll make sure to pass this information along to him so that he can know some more tips about getting business insurance!

Reply
Hailey Miller link
3/10/2022 12:20:56 am

It got me when you said that business insurance can protect savings and livelihood. I would imagine that any entrepreneur would want to secure their finances to keep their company running. With this, I guess they should look for an expert who can offer business insurance that can cover disasters and other unexpected events.

Reply



Leave a Reply.

    Contact Us

    ​7407 N Division
    Suite D
    Spokane, WA 99208
    (509) 464-0058​
    Click Here to Email Us

    Archives

    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018

    Categories

    All
    Auto Insurance
    Business Insurance
    Business Owner's Package (BOP) Insurance
    Contractors Insurance
    Contractors Liability & Bonds Insurance
    Home Insurance
    Life Insurance
    Professional Liability Insurance
    Renters Insurance
    Workers' Compensation Insurance

    RSS Feed

 Proudly serving Spokane, WA, Spokane Valley, WA, Coeur D' Alene, ID, Colville, WA, Moses Lake, WA, Deer Park, WA, and surrounding areas.

Licensed in Washington, Oregon, and Idaho


Navigation

Homepage
Insurance Quotes
Policy Service
Insurance Products
Contact Us
Agent Login

Connect With Us

Share This Page

Contact Us

Black and Associates Insurance, Inc.
​7407 N Division
Suite D
Spokane, WA 99208
(509) 464-0058​
Click Here to Email Us
Review Us

Location

Website by InsuranceSplash
Image Credit: Monroe Street Bridge by Mark Wagner  |  CC BY 2.5
  • Home
  • Quotes
    • Personal Quotes >
      • Property Quotes >
        • Home Insurance Quote
        • Flood Insurance Quote
        • Earthquake Insurance Quote
        • Landlords Insurance Quote
        • Renters Insurance Quote
      • Auto Quotes >
        • Auto Insurance Quote
        • ATV Insurance Quote
        • Classic Car Insurance Quote
        • Roadside Assistance Quote
        • Motorcycle Quote
        • RV Insurance Quote
      • Health Quotes >
        • Health Insurance Quote
        • Long Term Care Insurance Quote
        • Medicare Supplement Coverage Quote
      • Life & Financial Quotes >
        • Life Insurance Quote
        • Disability Insurance Quote
      • Other Quotes >
        • Boat & Yacht Insurance Quote
        • Event Insurance Quote
        • Umbrella Insurance Quote
        • Wedding Insurance Quote
    • Commercial Quotes >
      • Commercial Insurance Quote
      • Business Owners Package (BOP) Insurance Quote
      • Commercial Auto Insurance Quote
      • Contractors Liability & Bonds Quote
      • Performance & Payment Bond Quote
      • Professional Liability Quote
  • Service
    • Report a Claim
    • Update Contact Info
    • Policy Changes
    • Proof of Insurance
    • Request an Appointment
  • Insurance
    • Personal >
      • Property >
        • Home Insurance
        • Earthquake Insurance
        • Flood Insurance
        • Landlords Insurance
        • Renters Insurance
      • Vehicles >
        • Auto Insurance
        • ATV Insurance
        • Classic Car Insurance
        • Motorcycle Insurance
        • Roadside Assistance
        • RV Insurance
      • Health >
        • Health Insurance
        • Long Term Care Insurance
        • Medicare Supplement Coverage
      • Life/Financial >
        • Life Insurance
        • Disability Insurance
      • Other >
        • Boat & Yacht Insurance
        • Event Insurance
        • Wedding Insurance
        • Umbrella Insurance
    • Commercial >
      • Commercial Insurance
      • Business Owners Package (BOP) Insurance
      • Commercial Auto Insurance
      • Contractors Liability & Bonds Insurance
      • Performance & Payment Bonds
      • Professional Liability Insurance
  • About
    • Staff Directory
    • Client Testimonials
    • Refer a Friend
    • Insurance Carriers
    • Agency Photo Gallery
    • Blog
    • Additional Resources >
      • Local Resources
  • Contact