Contact Us: ​(541) 779-0177​
Insurance Marketplace, Inc
  • Home
  • Service
    • Report a Claim
    • Make a Payment
    • Update Contact Info
    • Enroll 2020 Health Insurance
    • Policy Changes
    • Proof of Insurance
    • Policy Review
    • Online Documents
    • Free Consultation
    • Medicare Appointment
  • Insurance
    • Property >
      • Home Insurance
      • Earthquake Insurance
      • Flood Insurance
      • Landlords Insurance
      • Renters Insurance
    • Vehicles >
      • Auto Insurance
      • ATV Insurance
      • Boat Insurance
      • Classic Car Insurance
      • Motorcycle Insurance
      • Roadside Assistance
      • RV Insurance
    • Business >
      • Business Insurance
      • Business Owners Package (BOP) Insurance
      • Group Benefits
      • Insurance Bonds
      • Workers Compensation
    • Life/Financial >
      • Life Insurance
      • Annuities
      • Disability Insurance
      • Final Expense Insurance
      • Financial Planning
      • Umbrella Insurance
    • Farm Insurance
    • Health >
      • Health Insurance
      • Medicare
      • Critical Illness Insurance
      • Dental Insurance
      • Long Term Care Insurance
      • Vision Insurance
    • Other >
      • Event Insurance
      • Wedding Insurance
  • About
    • Client Testimonials
    • Refer a Friend
    • Insurance Carriers
    • Agency Photo Gallery
    • Blog
    • News
  • Contact
  • Join Us
  • Home
  • Service
    • Report a Claim
    • Make a Payment
    • Update Contact Info
    • Enroll 2020 Health Insurance
    • Policy Changes
    • Proof of Insurance
    • Policy Review
    • Online Documents
    • Free Consultation
    • Medicare Appointment
  • Insurance
    • Property >
      • Home Insurance
      • Earthquake Insurance
      • Flood Insurance
      • Landlords Insurance
      • Renters Insurance
    • Vehicles >
      • Auto Insurance
      • ATV Insurance
      • Boat Insurance
      • Classic Car Insurance
      • Motorcycle Insurance
      • Roadside Assistance
      • RV Insurance
    • Business >
      • Business Insurance
      • Business Owners Package (BOP) Insurance
      • Group Benefits
      • Insurance Bonds
      • Workers Compensation
    • Life/Financial >
      • Life Insurance
      • Annuities
      • Disability Insurance
      • Final Expense Insurance
      • Financial Planning
      • Umbrella Insurance
    • Farm Insurance
    • Health >
      • Health Insurance
      • Medicare
      • Critical Illness Insurance
      • Dental Insurance
      • Long Term Care Insurance
      • Vision Insurance
    • Other >
      • Event Insurance
      • Wedding Insurance
  • About
    • Client Testimonials
    • Refer a Friend
    • Insurance Carriers
    • Agency Photo Gallery
    • Blog
    • News
  • Contact
  • Join Us

Insurance Marketplace, Inc Blog

4 Techniques To Better Understand Small Business Insurance Quotes

1/16/2020

2 Comments

 
Picture
​If you thought that the lowest small business insurance premium is the best deal, think again. There are several factors other than the price that will make or break a business insurance policy. You need to learn how to understand insurance quotes and ask questions if you find anything unclear. Here are some techniques to help you out.
Check All The Details In Your Quote
Spend time checking the details of an insurance quote. Find out what kind of policy to look for and what coverage this policy offers. Usually, a business owner’s policy quote has the following limits: 
  • Liability Coverage for bodily injury and any damage to property. 
  • Property Coverage for you and your client's property that's in your possession

Your business insurance quote may also include specific explanations of whether the policy is according to the requirements of your client’s contract (if this applies). Finally, look for keywords that pertain to your policy limits as well as your coverages.

Terms like an aggregate limit, which is the total amount that your policy will cover for the claims in a period and the per-occurrence limit, which is the highest amount your coverage will pay for a claim are just common examples.
 
Compare Quotes Before You Take One
If you’re looking for general liability insurance and you get quotes for a BOP or a business owner's policies, property insurance, and other policies, then you must compare these to get the best rates and coverage. Offers may vary from one business insurance provider to another, so read the policy carefully to understand what you’re getting.

Should You Pay Now Or Later
Usually, at the end of a quote, you’ll get some lines that pertain to payment options. Options for single, two, four, or ten payments are usually offered. Consider a one-time payment option if you want to save money, while two to ten payments may not be too expensive per month but can mean a whole lot when you add them up.

If you can pay your insurance premium in one go, then do so. It’s one less thing to worry about month after month. But if you don’t have enough money then paying two to ten installments could be a better option. 

Company Name Meanings
Seeing other company names in your quote or policy is nothing new. These companies are insurance providers or companies that issue policies. A rating under a particular provider describes the company’s financial strength and its ability to meet long –term debts and obligations. 

At Insurance Marketplace, Inc., we do our best in making sure that our clients are well-protected with affordable and comprehensive policies. We make sure to go the extra mile to help you with your needs. To learn more about how we can help you, please contact our agency at (541) 779-0177 or Click Here to request a free quote.
2 Comments
group health link
4/26/2021 12:25:57 am

Thanks for sharing such great information. It is really helpful to me. I always search to read the quality content and finally I found your post. Keep it up, keep posting!

Reply
best health insurance harrisburg link
8/4/2021 02:20:38 am

I’ve been surfing the web for more than an hour today, yet I was unable to find any stunning articles like this one. It’s alluringly worth it for me. Keep posting more such amazing blogs.

Reply



Leave a Reply.

    Contact Us

    (541) 779-0177​
    1998 Skypark Drive
    Suite 100
    Medford, OR 97504​
    Click Here to Email Us

    Archives

    February 2023
    January 2023
    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018

    Categories

    All
    Auto Insurance
    Business Insurance
    FAQs
    Financial
    Group Benefits
    Health Insurance
    Home Insurance
    Insurance
    Life Insurance
    Local
    Motorcycle Insurance
    Renters Insurance
    Safety
    Umbrella Insurance
    Vision Insurance

    RSS Feed

Licensed in: Oregon, Washington, Idaho, California, Nevada, Utah, & Arizona


Navigation

Homepage
Insurance Quotes
Policy Service
Insurance Products
Contact Us
Agent Login

Connect With Us

Share This Page

Contact Us

Insurance Marketplace, Inc​
1998 Skypark Drive
Suite 100
Medford, OR 97504
(541) 779-0177​
Toll Free: (800) 866-7791
Click Here to Email Us
Review Us

Location


Securities offered through Securities America Inc., Member FINRA / SIPC. Advisory services offered through Securities America Advisors, Inc. James Hurst, Investment Advisor Representative. Insurance Marketplace, Inc. and Klamath Financial Group and the Securities America Companies are not affiliated.
Securities America and its representatives do not provide tax or legal advice; therefore, it is important to coordinate with your tax or legal advisor regarding your specific situation.
CA Insurance Lic. #0G39542. This site is published for residents of the United States and is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any security or product that may be referenced herein. Persons mentioned on this website may only offer services and transact business and/or respond to inquiries in states or jurisdictions in which they have been properly registered or are exempt from registration. Not all products and services referenced on this site are available in every state, jurisdiction or from every person listed.

Check the background of this investment professional on FINRA’s BrokerCheck.
Website by InsuranceSplash