Ways to Help Lower Your Insurance Premium

While business insurance protects from financial liability in certain cases, it can still cost
you a lot in the long run. Implement these tips and save thousands a year on insurance costs.
1. Consider Raising Your Deductible
A deductible is a specified amount of money that the insured will be responsible for in
the event of a covered claim. Raising your deductible can reduce your insurance premiums.
2. Talk with Your Insurance Broker
A licensed and reputable insurance broker can help you find the right business insurance
policy. All Risk Insurance Group has been rated as an A+ insurance company by BBB. We will
find the best coverages for you that will protect your most important assets.
3. Review your Coverages
It is important for a small business to carry general liability insurance. Liability insurance is
to protect the purchaser (the "insured") from the risks of liabilities imposed by lawsuits and similar
claims. It protects the insured in the event suit is filed for claims that come within scope of coverage
of the insurance policy.
4. Look to Bundle
Consider a Business Owner Policy, also known as a BOP policy. This policy combines liability and property insurance into one policy. BOP policies offer many options that a traditional General Liability policy does not offer such as business interruption and loss of income insurance. Ask your agent what the best option would be for you.
5. Reduce Your Risk
Talk with your insurance agent about possible ways to your exposure to loss through theft-prevention programs, human resource training or workplace safety measures. These programs could assist you in preventing potential losses from occurring.
Here at All Risk Insurance, we want to protect you from unnecessary expenses,
stress and time in case of a car accident. Feel free to give us a call at 561-395-5220 to get the
best auto insurance premiums.
Our office hours are Monday through Friday, 9:00 a.m. to 5:00 p.m. If you want to
contact us after hours, do not hesitate to send us an email at lisa@allriskinsurancegroup.com