How to Decrease Your Commercial Insurance Payments
Both large and small businesses need a Yuba City CA insurance policy in order to protect their financial assets, their property and their employees. If you are currently paying for a policy but believe your payments are too high, read through this guide to determine how you can reduce your monthly payments but still retain high quality commercial insurance coverage.
Shop Around for Insurance
Take your current policy and show it to other providers, asking if they can match the service while reducing the price. Many are happy to do so in order to gain a new customer. However, make sure the new policy is as comprehensive as the old one. Do not reduce your payments if it only results in less coverage.
Increase Your Insurance Deductible
If you don’t foresee needing to use your insurance policy but it is there as a backup, then consider raising your deductible. The higher your deductible is the lower your monthly payments will be. Just ensure that you can cover the entire cost of the deductible at all times before committing to that new payment schedule.
By shopping around for a new policy or increasing your deductible, you can reduce your commercial insurance premiums in San Carlos CA without reducing the quality of coverage.