Need a Small Business Quote? We're here to help.

As a small business owner, you're busy, and it probably feels like there’s not enough time in the day to finish your list of to-dos. However, discussing your insurance needs with us, your broker, is always essential to ensure your business is properly protected from potential risks.

We've put together a small list of common questions we may ask you. Knowing the answers to these questions could save you time and will definitely help us provide you with proper coverage for your business.

What type of business do you own?

Are you a florist or an HVAC Technician? The type of business you operate will help us understand the exact risks you might face. For example, an auto repair shop will have different needs than a bakery.

Where is your business located?

This includes both the physical setup of your business and its geographical location. This information allows us to assess your risks: Do you run a home-based business, or is it operated in a warehouse or retail storefront? Does the area have a high crime rate, or is it prone to flooding?

What were your prior year revenues?

Past years revenues help us determine the extent of coverage you will need. Include any information that might impact sales, such as an expansion of clients or products, discontinuation of products, etc.

Do you store inventory or equipment at your business location?

What you are storing, the quantity, and the approximate costs of these items will all be factors in assessing your risks and ensuring you have the right coverage. We will also want to know the type of equipment you use and if you transport it between locations.

Do you have any additional operations beside your primary business?

It’s important to be aware of any side businesses because they will also need to be insured.

Any previous claims?

Like your credit history, your insurance history is an important factor in getting a quote for your small business. Your claims history may affect which coverages you're eligible for and the price you pay for insurance.

How long have you been in business?

In addition to how long your operation has been running, we will also want to know how much relevant experience you have in this specific field of business. This can all be a factor in determining the price of your insurance policy.

As a small business owner, you’ve got a lot on the go, so always keep your insurance broker in the loop!

For competitive market rates, comprehensive coverage and customized solutions for all your risk protection requirements, it’s important you speak to an expert insurance broker. At PetleyHare, our brokers work with you to create tailor-made solutions to ensure you have the right coverage for maximum protection.

To discuss the finer details of business insurance services, contact us online or call us at 1-800-216-5324. Request a free, no-obligation quote from our experts.