Are Your Colorado Business Insurance Costs too High?
Most business insurance experts are predicting lower rates for most businesses across the United States. “Business insurance buyers should anticipate lower rates and wider choice in coverage terms at upcoming renewals as insurance pricing softness accelerates in most lines.” At DC Insurers Colorado we can help lower your business costs through marketing your coverage with a number of markets, giving you many options.
Rate vs. Premium
Rate is the cost of insurance per exposure unit, such as revenue or payroll. The premium is based on a formula of rate times exposure. Your rate could go down, but if your revenues are up it could affect a flat premium.
With the exception of California, Pennsylvania and New York, most states are applying for lower rates.
Have Us Shop Your Business Insurance
Now is the time to contact us to help you review your risk, design your program and market your business with our top rated markets. Your business program should include:
- Business liability
- Business auto
- Workers’ compensation
- Cyber liability
- Directors & officers & professional liability
- Employment liability
- Bonds and dishonesty
- Umbrella or excess
Colorado business Insurance is important for any business. There is no doubt about that. However, it is not the kind of coverage a business owner should rush through purchasing.