You can’t run a successful, well-organized company without business insurance policies, but that doesn’t mean you need to overpay for it. Whether you’re just starting your company or you’ve had an established business for decades, these tips for cutting insurance costs will help you keep more of your profits without forsaking the safety of your business.
Bundle Your Policies
One of the most common ways to save money on your business insurance is to bundle your policies. If you have multiple policies from different companies, you’re likely paying more than you need to. Find one company that offers everything you need and ask what kind of discounts you can get for purchasing multiple policies. This will also make it easier for you to pay your insurance premiums when the time comes.
Consider a Group Insurance Policy
For some business owners, group insurance policies from a company like Captive Insurance Group…