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Buying business insurance online? Here’s a checklist to help

Jun 27, 2023 · 4 minutes to read

There are many important decisions you need to make when starting a small business. Choosing business insurance is one of them. Buying policies is a significant investment in your business’ success, so you’ll want to make the right decision.

The internet has made it easier to compare and buy business insurance policies. However, knowing which insurance to buy may still be confusing if you’re unsure where to start.

Buying Business Insurance Online Checklist

To help you start your business insurance search, we’ve created a checklist to help guide you through the process.

1. Assess your risks

There are many types of business insurance products available. The policies you need to protect your business will depend on the types of risks your business may face.

To help identify your business risks, it may help to ask questions such as:

  • Do you have employees, or plan on hiring people?
  • Do you or your workers give professional advice?
  • Do clients or customers visit your premises?
  • Do you visit client or customer homes, offices, worksites, or other third-party locations?
  • Does your state or professional association require you to carry business insurance?
  • Does your commercial lease or a business contract require you to carry business insurance?

The answers to these questions can help you begin to assess your risks and decide which types of business insurance you may need.

2. Decide how much coverage you need

Assessing your risks will in part help you determine the amount of coverage you need. Though your business insurance needs will depend on many factors, this is a good place to start.

You may be required to hold minimum levels of coverage for some types of business insurance products. For example, your professional association may require you to carry a minimum level of Professional Liability coverage. Or, you could be required to have a certain amount of General Liability coverage to sign a commercial lease.

Workers’ Compensation insurance is required in most states, even if you employ just one person. The amount of coverage you need is generally determined by your payroll size.

3. Gather your business details

Once you’ve determined what types and amounts of business insurance you need, you can begin comparing policies. Gathering some business details can help streamline this process.

Business insurance applications often require information such as:

  • Basic business details – Your business name, address, and number of locations
  • Unique business details – A description of what you do, your business structure, and your federal employer identification number (FEIN) or social security number (SSN)
  • Employment details – Number of employees, your annual payroll, and your workers’ comp claims history or loss experience
  • Policy details – The date coverage should start and how much coverage you need

4. Visit the BizInsure website to get policy quotes

Comparing business insurance quotes can take a lot of time. Small business owners traditionally needed to call each insurer or visit their websites just to get quotes for different products. However, BizInsure has helped simplify this process.

With BizInsure, enter your details just once and instantly receive multiple quotes for multiple business insurance products from top insurers. This saves you time, eliminating the need to contact each insurer individually, sharing the same details over and over, and then waiting for each quote to come through.

5. Compare & buy

Once you’ve received your quotes, it’s time to make a decision! BizInsure also makes it easy to buy business insurance online or over the phone. You’ll instantly receive your policy documents via email, so you’ll have your proof of insurance ready to go.

6. Review your policies throughout the year

Buying business insurance isn’t the end of the story. You’ll also want to review your coverage as your business grows and changes to make sure it’s still a good fit.

Changes that may mean it’s time to update a business insurance policy may include:

  • Hiring new employees or promoting existing ones
  • Opening a new location
  • Moving your work premises
  • Expanding your service or product offering

Get business insurance today!

Business insurance is an important part of protecting the business you are building. Finding the right policies is essential, but it doesn’t need to be difficult. By following the steps above, you can simplify the process of finding and buying business insurance. That way, you can focus more time and energy on making your business as great as possible.

Start comparing business insurance today.

Let's find

The coverage you need for your business

Professional Liability Insurance

Professional Liability Insurance

Get a quote

General Liability Insurance

General Liability Insurance

Get a quote

Business Owner’s Policy (BOP)

Business Owner’s Policy (BOP)

Get a quote

Workers Compensation Insurance

Workers Compensation Insurance

Get a quote

Let's find

The coverage you need for your business

Professional Liability Insurance

Professional Liability Insurance

Get a quote

General Liability Insurance

General Liability Insurance

Get a quote

Business Owner’s Policy (BOP)

Business Owner’s Policy (BOP)

Get a quote

Workers Compensation Insurance

Workers Compensation Insurance

Get a quote

I renewed my policies , including a few updates, through the on-line portal. It was quick, easy and completed in a few moments. I will not have to revisit thias until 12 months from now. I printed out my documents and have no questions pertaining to my renewal. It was seamless. Thank you Biz Insure
Fast, Simple, convenient
This company is very efficient, easy to manuever their online renewal, I love it and would recommend to anyone.
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Very easy to work with, cost effective, prompt renewal and easy to get certificates of insurance instantly. I use them exclusively for my professional and general liability insurance needs as a consultant. They simply make my insurance be easy!
VERY PROFESSIONAL STAFF. CALLS ARE RETURNED PROMPTLY!!
Huge thank you to Andrea, she was patient, kind, & caring! Got my quote fast & at best price!
Excellent and Easy service - Thank you.
Amy was a delight to work with she help me with finding he right policy for my business I can't thank her enough for her help
I purchased liability insurance for my home care agency, Unlimited Gentle Care, and the process was seamless and straightforward, ensuring that every aspect of our liability was covered. This company also offers a great value for the extensive coverage my company receives
BizInsure was an easy way to purchase insurance for my business.Kaleb especially was a great help.Thanks,Rich Valentini
awsom service, perfect price and great policy
I have purchased General Liability Insurance for the past 4 years at BizInsure for my wedding videography small business. In these 4 years, it has always been a smooth process.There must've been some sort of technical issue (potentially due to my change in address), so my policy didn't auto-renew. I called Bizinsure and talked to Paulina, who was beyond helpful. She was very polite and explained things very well. One small detail that I can appreciate is that she often said my name, which shows that their customer service is intentional about personalized communication.In just a few minutes, we updated my account + renewed my insurance for a 5th year. I highly recommend Bizinsure!
great customer services.
This company allowed us an amazing experience, including very efficient, detail-oriented, and patient guidance from their commercial sales agent, Jenifer. I highly recommend this service for anyone in need of a business insurance policy.
Jennifer was very helpful and great to work with.
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Very easy to renew! Thank you
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I am very satisfied with Bizinsure. No regrets
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BizInsure is efficient and price friendly. I definitely reccommend them to anyone. Thank you.
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Jennifer Whiscombe, is an amazing agent. She was very knowledgeable, thorough and friendly. I highly recommend.
They make it very easy to buy insurance and renew.
As a business owner I love not wasting time. Thank you so much for giving me more time
Very straight forward, the cost of coverage amount made sense, simplicity was appreciated.
Always easy. Thank you.
A Company that is easy to deal with and that I have used for several years. I appreciate the continued support.
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Responsive and professionalCompetitive price. I highly recommend Bizlnsure as an insurance provider
Your service is easy to renew as needed and your company informs the client in advance for renewal.
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