Commercial Insurance Quotes

If you operate or are responsible for any type of business entity or business enterprise, in order to get the right business insurance, you will need to find and compare the right business insurance quotes. A quote is an offer of certain insurance coverages defined in a policy for a monetary price.

Quotes can be obtained from numerous sources, including locally from specialized high street insurance brokers, over the phone from insurance companies or brokers, or from the many online companies and comparison sites that offer all types of insurance coverage.

A commercial insurance quote forms a legal offer and is the basis of the insurance contract between the proponent and the insurance company. The information you provide on the quote form is used to calculate both the quoted premium and the coverage levels offered in a policy. The quote data provided by a company will be used to complete the policy documents. Therefore, it is very important that when you request business insurance quotes, the information you provide about your business activities is correct and truthful.

Most companies that offer quotes agree to honor the quoted price for a period of thirty days or one month after it is issued. When obtaining a quote, regardless of the source, be sure to keep the reference number that will allow you to accept or retrieve and review the offer at a later time. Offered prices may fluctuate and a bonus offered one week may not be available the next.

Quotes and premiums can be obtained for all types of businesses and all commercial and business risks for both property and commercial liability insurance, either separately or combined in what is known as a package.

Commercial property insurance will generally provide coverage for buildings and the contents of commercial premises of various types and sizes. For example, a retailer would be interested in covering their glass storefront and store inventory, while a small drafting company would require a price to cover business office equipment. For this reason, insurance companies often give quotes for a business for packaged policies that are specific to the property, such as store insurance quotes or office insurance quotes.

When shopping for coverage, look for companies that offer quotes for your particular type of building. Make property building insurance quotes available to homeowners who only want to cover the buildings, fixtures and fittings. Likewise, tenants and lessees of commercial properties can get quotes that only cover contents, inventories, or liabilities.

Liability quotes can be obtained with bundled property insurance packages or as a stand-alone quote for individual business liabilities. The most popular liability products listed are general liability insurance, business liability insurance, product liability insurance, and professional liability insurance.

Business liability quotes are widely available online for most trades and professions. Packages often offer all-peril coverage, and if you’re looking online, most systems allow you to choose from several liability coverage options.

When comparing quotes online, you will not have the assistance of a broker to advise you. Therefore, it is vital to ensure that you verify that the indemnity levels and coverages offered are sufficient for your business, as quoted commercial insurance coverage levels can fluctuate as frequently as the price.