If you are looking to insure a brand new business, or increase the level of insurance your already existing business caries, you should be aware of the fact that there are certain steps you can take to make sure that you are offered the lowest rates possible. Before you apply for a small business insurance quote, take the time and spend the money necessary to do the following things. Your investment will result in lower quotes and the money you save on your premiums year after year will make it worthwhile.
1) Protect your business establishment. The business insurance companies love to insure companies that have protected their place of business from fire and theft as well as the can. Installing things like burglar alarms, fire sprinkler systems, deadbolt locks, etc. will make your establishment much safer. In turn, it will make all of the contents within it safer as well. Every respectable insurance company will give low quotes to companies that do this because they really want to insure safe businesses. The odds of a well protected business ever making a claim are small.
2) Stay in good standing. Make sure that your business is in good standing and that its record is a matter of public record. Join your local chamber of commerce and the BBB in order to prove to the insurance companies that you are doing things right. Companies in good standing are much less likely to be sued. The quote you receive will reflect this.
3) Safety classes for your employees. Before getting a quote, find out from the insurance company that you are applying to, what safety courses they give discounts for. Have your employees take them. Not only will this reduce your small business quote, it will also be beneficial to your employees and their own personal safety.