Login | Join Network
Lost Password

A password will be emailed to you.

Small Business Insurance

Insurance for small business is a way of protecting your business from unforeseen circumstances. If your business is covered you can be assured of getting back most of the money you have invested in worst situations. Hence insurance for small business is essential.

It is important to identify a good and reliable agency with whom you can tie up for insurance. It is advisable to consult peers and other business associates who have worked with insurance companies. Look into agencies that come with good reference. Once you have signed up the insurance agent will assess your business in every aspect and come up with a suitable insurance deal.

There are various insurance programs such as Business Owners Policy (BOP), Special MultiPeril (SMP), etc… available that have different coverage. Insurance companies also have customized programs that suit your needs specifically. The premiums are set as per your company’s exposures. Look into this carefully before selecting the areas that need to be covered because the premium will depend directly on it.

Once you the deal is done with the agency, you will be given a “binder” to sign which will give you the details of the properties that are insured, time frame and premium. It is the responsibility of the insurance company to remind you about the premiums and renewing details. Sign up with a good insurance company to protect you and your company’s future.

  • Print
  • Digg
  • StumbleUpon
  • del.icio.us
  • Facebook
  • Yahoo! Buzz
  • Twitter
  • Google Bookmarks
  • LinkedIn
  • PDF
  • RSS
  • email

More on Entrepreneur21.net:

Featured Entrepreneur Interviews
Entrepreneurship can be exciting and challenging. ...
20 Questions for Startup Success
In this University of Washington video, Norm Meyr...
Know All About Entrepreneur Intellectual Property
Every creative idea, strategy or design is an indi...
Customer Service Tips
Customer Service is the essential part of a busine...
Choose the Right Business Solution
Every entrepreneur kick starts his business with a...
Steve Moses founder Southern California Venture Network
The Southern California Venture Network was foun...

Leave a comment

Disclaimer: All pages within GenMembers network are expressions of the opinions of the site operator only, and no representation of factual accuracy is being made. The content is intended to create interest in various topics for our readers, who are in turn encouraged to conduct their own independent research. This site is not related to: Entrepreneur Media, Entrepreneur Magazine, Entrepreneur of the Year, Entrepreneur's Partner, Hispanic Entrepreneur, Entrepreneur.com, Entrepreneurs.com Entrepreneur's Only, The Entrepreneur's Source, Entrepreneur's Notebook or any of the many companies that use the word entrepreneur in there trade name. Please see our website Terms of Use for further information concerning your use of the site.