4 Signs You Need To Change Business Insurance Provider

​If you’ve been partnering with a business insurance broker for many years, there must be a sense of comfortability, and there may be no reason to switch. However, it’s possible that you’re settling with them because you aren’t aware that there are better alternatives out there.

 Your business only deserves the best, and if that’s not what you’re having, it’s time to make the shift. Here are concrete signs that you need to search for a new business insurance provider.

Lots of Issues Arose In The Past
If the business insurance provider hasn’t treated you well in the past, there’s no more reason to stay with them. If they have been unresponsive or constantly unhelpful, and denied employee claims you deem that they should have approved, it’s time to take your business elsewhere. Your business and employees deserve better.

Inefficient and Slow Services
If you are having a hard time dealing with an insurance company, don’t ever think that it goes the same way for all other businesses. You are paying a hefty price for your insurance, so it is only right to receive a positive, hassle-free experience. All their staff should be supportive, helpful, and responsive to your needs. You need to have someone who you can contact right away and provide prompt and clear answers. If you file any claim, you should get the result and payout in a reasonable period. If these criteria are not present with your present provider, it’s time to move on.

Outdated Insurance Policies
Changes are inevitable, even with the scope of your business insurance. If your insurance terms haven’t been updated for many years, chances are there are a lot of better choices available now. A good business insurance provider will always offer you updated policies reflecting the drastic changes that happen in the industry. Look at other insurance policies other businesses are getting. If your current provider isn’t able to match it up, go ahead and shop around.

Expensive Insurance Price
Look around and ask other businesses about their insurance policies. If they are paying less yet enjoying the same coverage as yours, try to negotiate with your current provider if they can provide the same offer. If they refuse, it’s to reconsider switching to a new company that can give the most out of your insurance budget.

At Insurance Agency Network, 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 (425) 681-0996 or Click Here to request a free quote.