August 25, 2010

shopping for business insurance

Last August 20, my brother did treat us for a sumptuous lunch after Joaqui's program in school. I thought that he just missed Joaqui so much and that is why we were having lunch at a restaurant, but it turned out that his business is already running for 1-1/2 years. He just wanted to share the blessings with us. As we were eating and talking, my brother mentioned the idea of expanding and also of getting a business insurance policy. Now I am not so familiar with business insurance and I thought that he has a point - he invested much time and money into his small business, and having an insurance can assure him that this will not fall apart when an unforeseen loss happens.

That same day, we were able to chat with our aunt in Texas who already owns a small Filipino store there and we inquired about her Texas business insurance policy. Apparently, she has had a great experience with an insurance shopping service in the internet, Netquote insurance. She said that she was able to find the best business insurance rates from reputable insurance carriers. Although she spent a little extra for a small business insurance, it was a good decision she made especially when a fire broke into their store. If it had not been for the business property insurance that she had, she could not have recovered from that loss.

As a business owner, my brother knows what is the adequate insurance coverage that he needs and can afford. Determining his insurance needs can help him get the best insurance rates and with the help of a professional insurance agent, I am sure that his small business will be in good hands.

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