http://www.ProsQuote.com Auto Insurance Free Quote – Remix!
If youre looking to buy Business Insurance you will have a certain level of power over a number of insurance brokers, insurance companies and insurance providers all wanting to do business with you.
With this in mind we will put you in the position of the dealer in our game of Business Insurance Poker so you can watch the game develop. Are you sitting comfortably? Then let us begin:
If you already have Business Insurance we will give your existing insurance provider the dealer button as they really have the best seat at the table. Theyve already built some kind of relationship with you and they can sit back and wait to see what the competition does before they decide to act.
So next is the small blind. The small blind has an interest in your business as theyve put in some of their own money in the hope they can win your business. You may have seen an advert for them, they may have sent you a letter or they may have called you to see if you would like a quote for your Business Insurance.
Next is the big blind. The big blind when it comes to Business Insurance could well be an insurance provider youve heard of. They have spent a sizeable amount of money to get your attention (maybe a television advert or some promotion in the National press) and they arent likely to give up without a struggle.
So those are the 3 insurance providers who definitely are interested in you and your Business Insurance:
Dealer button: Your existing insurance
Small blind: Maybe an insurance broker who would like to help you
Big blind: Perhaps an insurance company who has a large marketing spend and has got your attention.
It is possible that this is only a 3 player game but as is becoming more common with insurance brokers and insurance companies other parties enter the game. These other insurance providers generally fall into 2 categories:
1. They are likely to offer something (or have a hand) similar to either your existing insurance provider (who still has the button) or the small or big blind.
2. These new insurance providers will offer you something different. They get your attention as they have noticed an element of weakness with the other people at the Business Insurance table and are planning on showing you how good they are. So how are they going to do this? Well more often than not they will raise and when it comes to Business Insurance this means they will give you more than the other people at the Business Insurance table.
Lets play the Business Insurance Poker hand to explain in more detail:
a. Your existing insurance provider sends you your renewal terms but you decide to look around for alternative insurance quotes as its either more expensive than last year or you just want to see what else is available.
b.You receive a letter from an insurance broker who seems similar to your existing insurance broker but they save you a little on your insurance premium. It gets your attention but it is enough?
c. You are now contacted by a direct insurer. You know their name, youve seen their adverts and they knock even more off your renewal price. Sounds great yes? Well maybe but let us see how the game develops.
d. Another player enters the game and makes a bet (or in this case makes you an offer). Their offer is different in that:
1. They specialise in the type of business insurance you are actually looking for
2. They appear to focus more on you and your business rather than on how good they are and how cheap they can get your premium
3. They quote you a very good premium but in addition to this offer you advice, guidance and tell you that if you do suffer a loss with them they will be there to help you. They dont have call centres, they dont keep you waiting in queues. Instead they employ people who understand your business, understand your needs and are here to help you.
So with the bets (or business insurance quotes) all on the table it is possible you may want to play one off against the others with bluffs, raises (or in this case reductions in premiums) until everyone has played their hand and you have to decide who to look after your insurance for another year.
Will you choose?
1. Your existing insurance provider: who gave you your renewal premium but only really started to play when under threat from other providers
2. Someone who offers you the same thing but saves you a little money
3. A company who saves you a little more money but doesnt really stand out from crowd
4. An insurance broker who seems to understand what you need and will do whatever it takes to make sure you are satisfied
Insurance companies and insurance brokers need to pay attention as although insurance is still a very price sensitive business the reality is customers and people buying business insurance want more than a cheap premium.
They want cover tailored to their needs, they want an insurance provider who will work for them and with their interests at heart and they want someone to speak to when they need them most.
They dont want to be held waiting in queues or even worse be keep waiting only to be cut off. They also dont want to speak to someone they dont understand or who doesnt understand them.
Texas Holdem Poker is a great game but insurance for your business is a serious matter. Make sure you get the cover, service and insurance provider you deserve and don’t muck it up.
Watch the video related to business insurance quotes
www.ProsQuote.com Free insurance quote,insurance quote online,auto insurance,home insurance, life insurance,business insurance,motorcycle insurance.
Help answer the question about business insurance quotes
Where can I get an ONLINE quote for business insurance?This is for school, it doesnt have to be exact, I just can't find a place online where I can get a decent quote from. We need an estimate for bonding, auto, building, work-comp etc.
Any help would be appreciated.
About Author
Northern Counties Insurance Brokers are UK Insurance Brokers who specialise in
Business Insurance and Nursery Insurance
Article Source: ArticlesBase.com – Is Business Insurance the new Texas Holdem Poker?
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Posted by American Car Insurance on May 31st, 2009 filed in business insurance | 9 Comments »
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9 Responses to “http://www.ProsQuote.com Auto Insurance Free Quote – Remix!”
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May 31st, 2009 at 4:55 am
From an independent agent in Manchester. And it gets rated based on the risk. So "cheap" insurance still isn't going to be "under cost".
May 31st, 2009 at 5:04 am
May 31st, 2009 at 3:13 pm
As a life insurance agent who deals with insurance day in and day out I appreciate your frustrations from looking at thousands of insurance sites. My site
http://www.smartlifeinsurancequotes.net addresses these issues.
The following are five of the most common mistakes consumers make when buying life insurance.
1. Selecting term life insurance solely because it's cheap.
Shopping for life insurance by just comparing premiums is asking for trouble. You should compare company ratings to determine financial strength and policy features, such as convertibility options. While the policy’s premium is certainly a factor, ensuring that your policy matches your financial goals is more important.
2. Not understanding that term life insurance is temporary.
That's why it's called "term" insurance — because you buy it for a set period of time, most commonly 20 years. This is fine for a temporary need, such as insuring yourself until your mortgage is paid off or funding your children’s college expenses in the event of your premature death.
A 20-year level-term life insurance policy you bought when you were 30 would expire when you're only 50. At that point, you still might need to carry insurance, but your age and health conditions might make it impossible or very expensive to do so. At least, if your policy has a convertibility option you can get coverage, it just might be down right unaffordable.
3. Buying from a less-than-stable insurance company.
Don’t be afraid to ask about an insurance company’s ratings. You can also look for an insurer’s Standard & Poor's, Moody's or A.M. Best ratings on the Internet.
There are many insurance carriers with high financial ratings (A+ or better) so you shouldn’t have to buy insurance from a lower rated company. But, keep in mind that ratings can and will change, so ratings alone shouldn’t be your only consideration.
4. Buying life insurance coverage based on a set formula.
You may have heard that a good rule of thumb is to buy life insurance coverage equal to 10 times your annual salary or 10 times your beneficiary's annual financial need. The idea is that if your surviving beneficiary invests the life insurance proceeds in the stock market (getting an average 10 percent annual return), they'll have a steady income stream and never need to tap the investment principal.
While this formula isn't a bad place to start, everyone has different needs, so don’t assume that 10 times your salary is what you need to carry in life insurance. The best advice here is to sit down with a knowledgeable agent that will take the time to learn about your needs.
5. Failing to regularly review your policy.
Is your former spouse still the beneficiary of your life insurance policy? Did you buy term insurance to cover you while you pay off your mortgage? If you refinanced during the latest rate drop and restarted the clock on your loan, you might also need to update your insurance term. Life definitely has a way of throwing changes your way. Just make sure your life insurance changes along with you.
Also when shopping on the internet for insurance be careful of sites that are there purely as lead generators because these sites just sell your informations. But, there are plenty of legitamte and trustful site on the internet than one can purchase insurance.
You can tell the good from the bad by taking these steps.
1- do not put information in a from unless you actually get a real quote.
2- look for site that have a phone number with real agents that answer the phone.
3-If the sites says get quotes from multiple agents then the site is selling your information as a lead service.
Sites like http://www.smartlifeinsurancequotes.net can serve as an excellant resource to start your online life insurance shopping. They have agents that you can speak to or email. You can get quotes from over 140 companies with a robust data base.
They are many sites like these but you have to do you research. Like anything else there is the good and bad and the internet is the best place to start your search.
Good luck
Insguy
June 1st, 2009 at 6:13 am
Many Allstate agents buy Internet leads from a provider such as iLeads.com, at: http://www.ileads.com/ Internet leads are especially good because they are generated by consumers proactively seeking solutions only minutes before you receive the lead. An internet lead is pre-qualified in the sense that the consumer has already performed a search with a search engine, looking for a solution to a problem. They have then taken the time to fill out a form, requesting a quote. They know they are going to be called, and they want to be called.
A good lead provider “scrubs” the lead to make sure the data is valid before it is offered for sale. All of this is done in seconds after the consumer fills out the form. If you pay a little more, you can have the lead exclusively for a period of time—exclusive from the company that sold it to you. (If the consumer filled out more than one form, then they can be contacted by someone else.) The nice thing about iLeads.com is that they enhance their insurance leads with data from First American Financial, so you will have a better handle on how serious and qualified the lead is and perhaps even be able to prepare a quote before you call. Good luck!
June 1st, 2009 at 10:26 am
A quote is an estimate of what you would pay if you decided to go with the company that is providing it. It usually comes after you are asked a series of questions in order for them to determine what category you fit into. For example, if you were getting a quote for car insurance, they want to know how old you are, male or female, what kind of car you have, etc. Then they can give you a quote based on the information you have given them . Be careful though, because the quote you receive in the beginning could be lower than what you are actually going to be paying. This is done to entice you to go with their company and then later, hidden charges and fees could be added on. Make sure you know exactly what the price is before you sign anything!
June 1st, 2009 at 11:52 am
You have to look at the actual RATE. Any agent worth their salt should be willing to share the RATE with you. Then you extrapolate – what if you hire two more guys? What if your sales double?? You need the rate itself, to project a best (worst? LOL how is it worse if your sales triple??) case scenario.
I would ALSO double check coverages, line by line – especially the "bells and whistles". Likely, you will have more bells and whistles with the admitted carrier.
Make sure your admitted carrier is A rated, also.
June 1st, 2009 at 6:55 pm
You probably can't. The rating models are too complex.
Call your parent's agent, and ask them to work up numbers for you.
Or post the following answers for each question, and I'll ballpark it.
What city/state? What type of business?
Bonding: why do you need bonding? what type of bond? some examples are: fidelity, licensing, performance, payment, erisa. Each of them have their own rating questions. Bonds can range in cost from $250 to 20% of the job cost, so it's a huge range.
Auto: what type of cars, how old are the cars, how old (on average) are the drivers, and what are the cars used for, where do they go, and how many of each type?
Building – how big is the building (in square feet), what's it made of, how old is it, how recently updated is the plumbing, heating, electric? Do you own it or rent?
Liability – what type of business? What are the gross sales? What type of product? How much do you pay the employees? How many employees are there?
Workers Comp: What do the employees do, and how much do you pay each category of employee? This is actually the easiest to "guestimate" – as the rating is strictly based on payroll.
June 1st, 2009 at 10:16 pm
June 2nd, 2009 at 1:52 pm
State Farm won't insure general contractors, which is what you would be, and they don't insure demolition contractors, either.
You're going to need to open your local phone book, and look for an independent agent that specializes in construction.
I hope you're braced for it, because the workers comp is going to run you about 25% of payroll, and the liability is going to run you about 25% of receipts for employees, and 20% of receipts for subcontractors.