While you certainly want affordable small business insurance, you also need good, reliable coverage. That means your insurance provider should be:


  1.     Available – They should work hours that are convenient for you.
  2.     Accessible – Easily reached by phone, email, and web chat.
  3.     Responsive – Listens to your needs, with live support where needed.
  4.     Accommodating – Puts in effort to accommodate your requests.
  5.     Reliable –  Pays claims quickly, and according to what you’ve agreed.


So How Can You Avoid Overpaying and Keep Coverage Great?

Generally speaking, you end up overpaying for insurance when you:


  • Take on insurance coverage that you do not need for your particular line of business, like property insurance if you teach yoga in a park, or auto insurance if you don’t have a vehicle.
  • Pay higher premiums and/or deductibles than necessary.
  •  And don’t read the fine print that many policies include. This is super important as it may limit claims, put a penalty on cancellation, or tie you in to a high rate, pretty much forever.