Select Page:  Posts Per Page

Don’t Shop Business Insurance Too Often

Operating any business involves balancing income and expenses. Shopping insurance rates is one of the common strategies used to balance expenses. There are obvious benefits to shopping your insurance, however, there are also pitfalls if done too frequently. Insurance companies are for-profit entities and, like many other businesses, they desire long-term customers which can be used to your benefit.

An insurance company’s pricing can change for many reasons. When the market is strong, companies can decrease pricing and increase coverages to be more competitive. When the market is weak, companies can increase prices and decrease coverages. These market swings can…

Select Page: