Can’t-Miss Small Business Insurance Tips

Can’t-Miss Small Business Insurance Tips

Important insurance advice for your small business.

If you are a small business owner, then it is your responsibility to make sure that your company has the coverage that it needs.  However, managing your commercial coverage is easier said than done.  Need some help with your small business insurance?  Then try out these suggestions to help you better manage your coverage.

Understand Your State Insurance Minimums

Every state sets some minimum level of insurance that small businesses must reach.  Generally, states will require businesses to carry workers compensation insurance, disability insurance, and unemployment insurance.  To ensure that your business is meeting your state’s minimums, contact your state’s Department of Insurance and inquire about your insurance requirements.

Know Your Business’s Risks

With all the different coverage options out there, choosing the right policies for your business can be an overwhelming experience.  This is why you should take the tine to really consider all the risks that your business faces.  Study every facet of your company and identify all of your business’s vulnerabilities.  When you have a better understanding of the threats you face, you will have an easier time choosing the coverages that you need.

Bundle Your Policies

Having multiple policies all under different insurance providers is inefficient from both a cost and time standpoint.  A much better way to handle your insurance is by bundling as many policies as possible under a single insurer.  Not only will bundling unlock special discounted pricing, but your insurance will also be much easier to manage when it’s all in one place.

Try out these tips to help you better manage your small business’s insurance.  Looking for the right coverage to meet your business’s needs?  Then turn to the experts at Lloyd S. Berkett Insurance Agency in Los Angeles.  Our team is ready to assist you with all your insurance needs.  Contact us to get started today.

11150 W. Olympic Blvd.
Suite 610
Los Angeles, CA 90064

(310) 857-5757
(800) BERKETT | 237-5388
Fax: (310) 857-5750

Recent Posts

Welcome to Lloyd Berkett Insurance Agency

November 27, 2013

Company History

The Lloyd S. Berkett Insurance Agency, Inc. was founded in 1946 by Lloyd S. Berkett. Regarded as one of Southern California’s most successful, well-respected and innovative independent insurance agencies, ... Read More

Copyright © 2013 Lloyd S. Berkett Insurance Agency, Inc.

Customized & Managed by Stratophere Marketing Solutions