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When looking for insurance for your small business, it is always essential (and never difficult) to get as much information about the insurer as you possibly can, including a free business insurance quote. There are a number of resources that you can check when researching your insurer. In this section, we’ll help you pick the insurer that’s right for you.

First off, know what kind of business insurance you will need. Chances are that you will need general business insurance to protect you from workplace accidents, employee theft and property damage. If you are a doctor, engineer or lawyer, you will need some sort of professional insurance, like malpractice or errors and omissions (E&O), and if you are a manufacturer, you may want to get product liability protection, depending on the type of product that you are creating. (If you have multiple insurances, or want to bundle your insurance with your personal insurance for a lower overall quote, you may want to consider umbrella insurance as an alternative.)

Next, you will want to get an idea of where you want to go to for your insurances. Talk to peers that work within your industry and see what they recommend. You will probably get a good idea very quickly of which insurers are worthwhile and which are not. If you have any friends in the legal profession, you can probably get some good recommendations from them as well.

Then, narrow down your search. Check for a free business insurance quote and try to decide whether they meet your needs. Make sure you know exactly how much you need to be insured for and take a look at what options are available within your needs. In addition to talking with the company’s representatives, you should also take a look at your insurer’s profile on JD Power and Associates, and maybe even take a look at your state’s Department of Insurance as well. Both of these websites log customer reviews and rate the insurers based on surveys, which will supplement the information provided by your free business insurance quote.


This Business article was written by Mark Karavan on 11/24/2009