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

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

Jun 16, 2021 · 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.

Visit the BizInsure website to start comparing business insurance today.

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The process was fast and easy and the professional staff was very knowledgeable with any questions that I had and ready to help
VALERIE M.
06:40 31 Mar 22
Friendly agents. Timely replies. Fair pricing. This is a good fit for my business! Thank you, Noah, for all your help.
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19:27 28 Mar 22
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00:41 07 Jan 22
Noa made sure I had all the information I needed for a first time business owner . He helped me understand what I needed to secure a quality policy and he was super helpful when explaining how the policy would serve its purpose to my company. I was very satisfied and had an Awesome experience, I think people like that make the company look good!
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04:36 15 Oct 21
I was in need of WC, GL and PL coverages for my business and was able to shop, discuss, confirm and purchase all the coverages in two days! This was a great experience, especially when "Time is Money". Noah Bowman was very professional and knowledgeable. Thanks!
AmeriCreed 1.
15:42 23 Sep 21
MOVING FORWARD, I WILL BE SENDING ALL OF MY BUSINESS TO THIS COMPANY !!!! Incredible customer service!!! Thanks
THEODORE W.
19:49 09 Sep 21
Their representative clearly explained different kinds of policies to help me select the one appropriate for my needs and then helped me enroll by phone painlessly. By the end of the call, I had a policy in place.
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Eugene was Awesome!!!!
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17:19 21 Jul 21
Excellent solution for writers and authors professional liability policy as well as coverage for copyright and trademark infringement. Service was prompt and excellent.
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18:22 22 Jun 21
Done in less than an hour!
William O.
00:30 02 Jun 21
Efficient, and great value. The agent was able to give us a quote and a new policy in a short period of time. Thank you
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20:30 24 May 21
I had a great experiencing obtaining several of my insurance needs as a landscaping company here in Northern Colorado. BizInsure's team took care of my needs and was very responsive to help with paperwork needed to secure a potential client account!
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16:34 10 May 21
Very efficient they were able to help me out with my request promptly....highly recommend this companyI am very happy to have them
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18:50 26 Apr 21
I need a help getting errors and omissions insurance along with general liability. Jose was very friendly informative and was very patient with me during the process. He found me some of the best rates for the coverage that I needed. Highly recommend
Casper M.
19:51 20 Apr 21
I had numerous conversations with several business insurance agents over a month's time. I also had several conversations confirming the policy inclusion/exclusions and asked many questions. My BizInsure agent was professional, knowledgeable and most important—detail oriented. Even after having an initial conversation a month earlier he knew and *remembered* all my personal/professional insurance needs. When I asked for additional information on the third call he was able to provide me with details very quickly. He was also VERY patient. That is a big plus in my opinion. It illustrated a high level of respect for my needs. I also found when I called back and asked to talk with the initial agent, the person who answered the call was able to get in contact quickly and my agent responded and returned the call within 5-10 minutes. The transaction was smooth, and I think it's a good sign should I ever need to make a claim. I highly recommend BizInsure.
Poetic F.
21:00 07 Apr 21
The rep was extremely helpful actually lowered my quote and made sure I was covered to fit my needs with my growing business! 5star!!
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19:04 16 Mar 21
Excellent service and prices.
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23:13 09 Mar 21
Mr. Daniel Scott was very responsive to my professional needs.
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17:38 18 Feb 21
Eugene deserves a raise! First time purchasing insurance and he made the process so simple for me. His patience and attention to detail left me feeling confident in my decision to choose BizInsure. Gracias Eugene!
Esined P.
23:32 17 Feb 21
The customer service provided by Jose was outstanding. He explained everything in a very clear/logical way and answered all of my questions. After providing all the information to obtain general liability insurance, Jose sent me the declaration page of the insurance for review. All of the information matched what I provided over the phone and there were no typos. The next day I called back to purchase the insurance which was easy and fast. Overall, my experience with BizInsure including the customer service by Jose exceeded my expectations.
Joe W.
03:29 12 Dec 20
Hiscox/BizInsure made getting Liability Insurance very easy and reasonable.I expected it to be a long and complicated process and it was a nice surprise that they made it so uncomplicated. Thank you. Lisa
Lisa W.
21:51 24 Nov 20
Eugene was incredible. I called 4 other brokers before him who were impossible to get any help.
rhonda H.
23:26 12 Nov 20
Very quick to get in touch with you and good with follow up. Had some trouble retrieving my quote to log into my account initially but Daniel assisted me and the changes were made to get me into my account. Great value for the money.
Fran S.
16:34 20 Sep 20
Very happy to be insured with this company. Professional, Timely, very helpful. Thank you Juan, you made it so much easier for me to understand.
Aileen D.
19:55 15 Sep 20
This company responded when I needed them to respond while facing a deadline. They are an excellent choice for business Insurance.
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01:52 12 Sep 20
Jose Quintero took such great care of me and was very patient explained everything I did not understand and got me set up quickly. Fabulous customer service
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02:41 27 Aug 20
I can't say enough good things about Daniel Santos kind and effective communication skills as an insurance agent. Daniel was so pleasant, friendly and efficient with helping me obtain insurance as a teacher. If I were to give Daniel a grade, he has earned an At . He made the process easy to understand, it was far easier than what I anticipated. Nancy S.
Nancy S.
00:47 26 Aug 20
I was in need of professional liability insurance for my sole proprietorship. A friend referred me. Everythng was quick and simple and AFFORDABLE!
hope J.
20:31 25 Aug 20
If you need Private Home Care Provider insurance for your company, BizInsure, LLC can get it for you!
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Great and fast service!!!! The representative was very professional!!!!
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19:51 14 Jul 20
I was tryi9ng to find commercial liability insurance for my new comp-any and BizInsure was easy to use and very affordable which is great for me as a new business.
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19:01 14 Jul 20
Great service insurance prices are great for professionals looking to get insurance for businesses....
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22:34 22 Jun 20
The provided very professional service and made the process easy.
Paul R.
21:51 04 Jun 20
Bradley Hoyle from the Biz Insure team was excellent to work with. Everything was quick and smooth. Great service, much appreciated!
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02:03 04 Jun 20
Anthony Spencer was great!! Very quick response time!! He was very Professional! I would suggest him because he helped me find a affordable rate and explained all the technicalities..
Fre H.
16:38 28 May 20
I was referred to Bizinsure by a industry trade group that I am a member of. It was easy to get a quote online and then received excellent customer service from Bradley H. to complete my policy purchase over the phone. I have shared this company information now with other business owners for their policy needs.
Dawn T.
22:11 08 May 20
This company was very precise with explaining services and made sure I chose the right business insurance coverage, great customer service at purchasing.
Nekeisha B.
01:30 05 May 20
Amazing
Jasmine Q
14:31 02 Dec 19
Trish is the most patient, professional and understanding insurance agent I’ve ever worked with. Trish has taken care of all my business insurance needs for the last couple years. I am really happy that I found an insurance agent that I know will take care of me & all of my concerns. I feel like a valued customer & I appreciate the great customer service that I get every time!!THANK YOU!
Dr. Youssef C. A.
17:21 14 Nov 18
Tricia helped me get insurance for my business. The task of obtaining a quote was really starting to frustrate me until I was referred to BizInsure through a different agency. Tricia got me a quote fast, and even took a down payment over the phone and issued the proof of insurance the same day. a+ service, would do it again in a heartbeat!! Thank you!!
Josh M.
18:07 22 Jun 18
BizInsure was a great find! I did not have to fill out applications, and Tricia was able to quote and bind business insurance for me within half an hour.
Allison Y.
17:28 21 Jun 18
Started doing business again and needed a policy fast. Ramez was reasonable, helpful and the rates are OK. Buyer beware? Sure, for me it turned out OK this time. Worth a call.
Mark W.
23:42 13 Nov 17
Great customer service. I've been very inpressed with my dedicated representative that had helped me navegate my insurence needs. Thanks so much!
Graham B.
22:12 23 Jun 17
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