Whether your business is small or large, your business insurance portfolio may be your most crucial and most inexpensive asset. Any discussion of your insurance coverage must begin with a candid and honest dialogue with your insurance agent or broker. Your agent or broker is the gatekeeper for all of your insurance coverage.
In any discussion with your agent or broker, you should be asking the difficult
question as to what other like-size businesses carry for their insurance needs.
The follow-up question is whether in this current economy should you have your
insurance coverage increased, in our litigious marketplace?
You may have a professional and personal relationship with your insurance agent or broker, but there is no harm, and there may be a significant financial benefit, if you shop your coverage package with others in the insurance industry.