Desmond Insurance
  • Home
  • About Our Agency
    • Staff Directory
    • Client Testimonials
    • Newsletter Signup
    • Insurance Carriers
    • Referrals >
      • C4C Referral Program >
        • 2025
        • 2024
        • 2023
        • 2022
        • 2021
        • 2020
      • About C4C
    • Privacy Policy
  • Services
    • Quotes
    • Business Insurance Renewal
    • Certificate of Insurance
    • Make a Payment
    • Education Event >
      • 05/13/2025- Medicare 101- Brass Key Coffee
      • 05/20/2025 - Medicare 101- Desmond Ins
    • Policy Changes
    • Proof of Insurance
    • Report a Claim
    • Update Contact Info
  • Personal Insurance
    • Home Insurance
    • Auto Insurance
    • Renters Insurance
    • Umbrella Insurance
    • Life Insurance
    • Medicare Supplement
    • Health Insurance
    • Disability Insurance
    • Long-Term Care >
      • Medicaid LTC Protection
    • Other
    • Financial
  • Business Insurance
    • Business Insurance
    • Workplace Benefits
    • Business Owner Planning
  • Blog
  • Contact
  • Home
  • About Our Agency
    • Staff Directory
    • Client Testimonials
    • Newsletter Signup
    • Insurance Carriers
    • Referrals >
      • C4C Referral Program >
        • 2025
        • 2024
        • 2023
        • 2022
        • 2021
        • 2020
      • About C4C
    • Privacy Policy
  • Services
    • Quotes
    • Business Insurance Renewal
    • Certificate of Insurance
    • Make a Payment
    • Education Event >
      • 05/13/2025- Medicare 101- Brass Key Coffee
      • 05/20/2025 - Medicare 101- Desmond Ins
    • Policy Changes
    • Proof of Insurance
    • Report a Claim
    • Update Contact Info
  • Personal Insurance
    • Home Insurance
    • Auto Insurance
    • Renters Insurance
    • Umbrella Insurance
    • Life Insurance
    • Medicare Supplement
    • Health Insurance
    • Disability Insurance
    • Long-Term Care >
      • Medicaid LTC Protection
    • Other
    • Financial
  • Business Insurance
    • Business Insurance
    • Workplace Benefits
    • Business Owner Planning
  • Blog
  • Contact

Desmond Insurance Blog

RSS Feed

Ways To Lower Your Business Insurance Cost

7/15/2019

0 Comments

 
Picture
​With all the expenses, running a business can be costly. It is sensible to think of saving money as much as possible. Though insurance plan is a necessity for responsible business owners, there are ways to get the best value for your dollar.
Categorize Employees Properly
Many companies have high instances of worker injury, and if you and your staff were in these categories, then you may expect to find yourself paying unnecessarily high premiums. It’ll help if you’ll be honest with your broker to help avoid any problems with your coverage when you urgently need it. 

If your employees ceased to work at your company, inform your insurance plan company to help with premium costs. It is best that you talk to your agent for any inquiries you have with your plan’s coverage.

Improving Security Precautions
Few actions can help you in reducing insurance costs like fire sprinkler systems, security systems, worker safety programs, and driver training programs. It’s also crucial to maintain security protocols in reducing cybercrime exposure if you are dealing with sensitive customer data. Insurance plans gauge risks and your broker will help you in identifying the problems to help you create a program in aiding your business. 

Minimize Risks
Responsible customers are what insurance companies want to insure. A risk management review or safety training can help in reducing the possibility that you’ll need in making a claim, hence guaranteeing that your premiums can avoid an overwhelming rate increase. 

Buy In Quantity
Buying insurance in bulk can help you in getting a discount. Business owner policies are great vessels for getting a much better rate. Make sure though to review your policies thoroughly to avoid redundancies. You don’t have to pay twice for the same coverage. 

Modify Your Deductible
The formula is to lower your premium by increasing your deductible. Once you determine what your company can rationally afford if you will make a claim. Larger firms may manage deductibles comfortably in the many thousands, while smaller ones may operate on a tighter margin. 

Conclusion
Your business is essential and helping you to save up on some aspects can assist you in running it effectively. Getting an insurance plan can help you with your business and the ones behind it. You can focus more on running and a possible expansion of your business. 

At Desmond Insurance, we aim to provide comprehensive insurance policies that make your life easier. We want to help you get the insurance that fits your needs. You can get more information about our products and services by calling our agency at (859) 491-5100. Get your free quote today by CLICKING HERE.
0 Comments



Leave a Reply.

    Contact Us

    (859) 491-5100​
    217 Fairfield Avenue
    Bellevue, KY 41073​
    Click Here to Email Us

    Archives

    June 2025
    May 2025
    April 2025
    March 2025
    February 2025
    January 2025
    December 2024
    November 2024
    October 2024
    September 2024
    August 2024
    July 2024
    June 2024
    May 2024
    April 2024
    March 2024
    February 2024
    January 2024
    December 2023
    November 2023
    October 2023
    September 2023
    August 2023
    July 2023
    June 2023
    May 2023
    April 2023
    March 2023
    February 2023
    January 2023
    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2017
    October 2017

    Categories

    All
    Auto Insurance
    Business Insurance
    Business Owner's Package (BOP) Insurance
    ​Commercial Package Policy
    ​Commercial Package Policy
    FAQs
    Financial
    Flood Insurance
    General Liability Insurance
    Home Insurance
    Insurance
    Local
    Safety
    Workers Compensation

    RSS Feed

Navigation

Homepage
Insurance Quotes
Policy Service
Insurance Products
Contact Us
Agent Login
Privacy Policy

Connect With Us

Share This Page

Contact Us

Desmond Insurance
217 Fairfield Avenue
Bellevue, KY 41073
(859) 491-5100​
Click Here to Email Us
Review Us

Location

Website by InsuranceSplash