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Step 1
Search for companies from which you can get online business insurance quotes. Start with well-known companies such as NetQuotes and Progressive and fill out their free quote request forms.
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Step 2
Look for insurance policies that incorporate evaluation periods, liability maximum coverages, history of the company you are getting insurance from, and what types of property protections are included.
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Step 3
Make sure your property insurance covers all of your assets, not just those that you expect to be caught in a natural catastrophe. Create a list of your assets, including office supplies, and make sure replacement cost, of those assets are covered.
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Step 4
Wait 24 hours and your insurance quote should be in your email box. Once you receive your quote, instantly call the agent or agency listed to finalize the purchase of your insurance.
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Step 5
Purchase insurance to cover lost income. Losing income after an insurable incident is quite often the cause of small business bankruptcies.
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Step 6
Set general liability limits to cover the industry standard for your industry. That means if your competitors all have million dollar policies, you had better have one as well. This insurance will cover your liability for the injury, or physical loss and damage of other people's property that your business is liable for.
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Step 7
Look into a business owner's policy. Sometimes these policies offer additional protections for less cost, than other policies which must be purchased individually.
