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Different coverage is available for different businesses. Each business has its own unique needs and your van insurance company have developed specific business coverages to address your set of needs. Some insurance coverages are common with all businesses. Business property and a type of Liability insurance are common standards of coverage. Protection of business materials, including software and supplies is considered important to almost all types of business. Protection against lawsuits with Liability insurance is also a standard with almost all business types.

First things first, find an van insurance company or broker you can trust. Ask around with friends, family or other esteemed business owners and compile a list of recommended insurance companies. Also find out what coverages they use. This way you will be well-informed before your first meeting with the agent. If available, contact your trade association and find out what coverages they recommend. This can help save considerable time and hassle.

When choosing an van insurance company that fits best for your business, find out how much they know about your business and its needs. Also, examine how long your agent of choice has sold business insurance. A seasoned insurance agent may not be familiar with your business, but they will know their product and what to recommend for your situation. Before finalizing any coverage ask your agent what steps you can take to minimize potential loss due to theft, natural disaster and workplace injury.

3 Tips to a Lower Premium

1 – Raise your deductible. The higher the deductible, the more you pay out of pocket in the event of a claim. This is one sure fire way to keep your premium down.

2 – Buy all your insurance from one company. Purchasing a “package” deal often times comes with a discount. Signing-up for a coverage here and there will only disperse your loyalty and insurance companies want all of your business! Find out if a discounted rate is available.

3 – Employ loss prevention tips. Quite often insurance companies will lower a business owner’s premium because steps have been taken to help prevent loss. Insurance companies don’t want to pay claims and they will reward the customer that shows they are responsible and on the insurance companies side.

3 Ways to Avoid an Insurance Claim

1 – Train your employees. Prevent liability and worker’s compensation claims by teaching your employees correct ways of performing job duties. This will also empower your employees and help them to take ownership of their duties.

2 – Do Regular Building Maintenance. It’s much easier to prevent an accident than to clean-up after one. Check your electric system on a regular basis. This is a source of many avoidable fires.

3 – Plan for an Emergency. In the event of an emergency, have a game plan. Train your employees for an emergency and have an easy to execute plan. This will help minimize your loss if disaster strikes.

When choosing an van insurance company, be informed and knowledgeable. Keeping these tips in mind will help service you when looking for the right van insurance company.