Synergy Insurance Group
  • Home
  • Quotes
    • Personal Quotes >
      • Property Quotes >
        • Auto Quotes >
          • Auto Insurance Quote
          • ATV Insurance Quote
          • Boat Insurance Quote
          • Classic Car Insurance Quote
          • Roadside Assistance Quote
          • Motorcycle Quote
          • RV Insurance Quote
        • Home Insurance Quote
        • Flood Insurance Quote
        • Landlords Insurance Quote
        • Renters Insurance Quote
      • LIfe & Financial Quotes >
        • Life Insurance Quote
        • Disability Insurance Quote
        • Final Expense Insurance Quote
      • Health Quotes >
        • Health Insurance Quote
        • Critical Illness Insurance Quote
        • Dental Insurance Quote
        • Long Term Care Insurance Quote
        • Vision Insurance Quote
      • Other Quotes >
        • Event Insurance Quote
        • Umbrella Insurance Quote
        • Travel Insurance Quote
        • Wedding Insurance Quote
    • Commercial Quotes >
      • Commercial Auto Quote
      • Aviation Insurance Quote
      • Business Insurance Quote
      • Business Owners Package (BOP) Insurance Quote
      • Group Benefits Insurance Quote
      • Insurance Bond Quote
      • Workers Compensation Quote
  • Service
    • Certificate of Insurance Request
    • Commercial Auto Change Request
    • Report a Claim
    • Make a Payment
    • Update Contact Info
    • Policy Changes
    • Proof of Insurance
    • Policy Review
    • Contact My Carrier
    • Online Documents
    • Free Consultation
  • Insurance
    • Personal Insurance >
      • Vehicles >
        • Auto Insurance
        • ATV Insurance
        • Boat Insurance
        • Classic Car Insurance
        • Motorcycle Insurance
        • Roadside Assistance
        • RV Insurance
      • Property >
        • Home Insurance
        • Flood Insurance
        • Landlords Insurance
        • Renters Insurance
      • LIfe/Financial >
        • Life Insurance
        • Disability Insurance
        • Final Expense Insurance
        • Umbrella Insurance
      • Health >
        • Health Insurance
        • Critical Illness Insurance
        • Dental Insurance
        • Long Term Care Insurance
        • Vision Insurance
      • Other >
        • Event Insurance
        • Travel Insurance
        • Wedding Insurance
    • Commercial Insurance >
      • Commercial Auto Insurance - TIP >
        • Trucking
        • School Buses
        • Limousines
        • Party Buses
        • Charter Buses
        • Food Trucks
        • Aviation
        • Taxis
        • NEMT (STS)
      • Business Insurance
      • Business Owners Package (BOP) Insurance
      • Group Benefits
      • Insurance Bonds
      • Workers Compensation
      • Commercial Auto Insurance
  • TIP
  • About
    • COVID-19
    • Staff Directory
    • Client Testimonials
    • Refer a Friend
    • Blog
    • Insurance Carriers
    • Agency Photo Gallery
    • Newsletter Signup
    • Accessibility Statement
    • Privacy Policy
    • News
  • Contact
  • Home
  • Quotes
    • Personal Quotes >
      • Property Quotes >
        • Auto Quotes >
          • Auto Insurance Quote
          • ATV Insurance Quote
          • Boat Insurance Quote
          • Classic Car Insurance Quote
          • Roadside Assistance Quote
          • Motorcycle Quote
          • RV Insurance Quote
        • Home Insurance Quote
        • Flood Insurance Quote
        • Landlords Insurance Quote
        • Renters Insurance Quote
      • LIfe & Financial Quotes >
        • Life Insurance Quote
        • Disability Insurance Quote
        • Final Expense Insurance Quote
      • Health Quotes >
        • Health Insurance Quote
        • Critical Illness Insurance Quote
        • Dental Insurance Quote
        • Long Term Care Insurance Quote
        • Vision Insurance Quote
      • Other Quotes >
        • Event Insurance Quote
        • Umbrella Insurance Quote
        • Travel Insurance Quote
        • Wedding Insurance Quote
    • Commercial Quotes >
      • Commercial Auto Quote
      • Aviation Insurance Quote
      • Business Insurance Quote
      • Business Owners Package (BOP) Insurance Quote
      • Group Benefits Insurance Quote
      • Insurance Bond Quote
      • Workers Compensation Quote
  • Service
    • Certificate of Insurance Request
    • Commercial Auto Change Request
    • Report a Claim
    • Make a Payment
    • Update Contact Info
    • Policy Changes
    • Proof of Insurance
    • Policy Review
    • Contact My Carrier
    • Online Documents
    • Free Consultation
  • Insurance
    • Personal Insurance >
      • Vehicles >
        • Auto Insurance
        • ATV Insurance
        • Boat Insurance
        • Classic Car Insurance
        • Motorcycle Insurance
        • Roadside Assistance
        • RV Insurance
      • Property >
        • Home Insurance
        • Flood Insurance
        • Landlords Insurance
        • Renters Insurance
      • LIfe/Financial >
        • Life Insurance
        • Disability Insurance
        • Final Expense Insurance
        • Umbrella Insurance
      • Health >
        • Health Insurance
        • Critical Illness Insurance
        • Dental Insurance
        • Long Term Care Insurance
        • Vision Insurance
      • Other >
        • Event Insurance
        • Travel Insurance
        • Wedding Insurance
    • Commercial Insurance >
      • Commercial Auto Insurance - TIP >
        • Trucking
        • School Buses
        • Limousines
        • Party Buses
        • Charter Buses
        • Food Trucks
        • Aviation
        • Taxis
        • NEMT (STS)
      • Business Insurance
      • Business Owners Package (BOP) Insurance
      • Group Benefits
      • Insurance Bonds
      • Workers Compensation
      • Commercial Auto Insurance
  • TIP
  • About
    • COVID-19
    • Staff Directory
    • Client Testimonials
    • Refer a Friend
    • Blog
    • Insurance Carriers
    • Agency Photo Gallery
    • Newsletter Signup
    • Accessibility Statement
    • Privacy Policy
    • News
  • Contact

Synergy Insurance Group Blog

Maximizing Business Insurance to the Fullest

1/11/2021

0 Comments

 
Picture
​Running a business is already an expensive venture; hence, as a business owner, one must find ways to save as much money and limit expenditures.  The coronavirus pandemic has undeniably affected the economy in just a few short months. Your business has likely been affected one way or another.  Hence, you must re-evaluate your selection and relationship with your insurance brokers and carriers.
Three Ways to Maximize Your Business Insurance
Business owners want to ensure that they get the best value out of their business insurance expenses, especially in these times of uncertainty due to the pandemic. To help you out, here are three ways to maximize your business insurance.
​
  1. Make Risk Management Your Top Priority
    Many catastrophic events can happen anytime that we don't have any control over, such as the pandemic. No matter how good your business is, everything can go downhill due to an unexpected catastrophe. Hence it is essential to make "Risk management" your topmost planning priority.  Think of risk management as another investment for your company as the more comprehensive your risk management is, the more attractive your company will be to insurers.

  2. Remember that Insurance is a Component of Risk Management
    Insurance is not a substitute for a risk management program since insurance is just one part of your risk management plan. Hence the more important thing is to formulate effective risk management, including identifying possible loss exposures. Try to manage those exposures through loss avoidance or installing systems for security, or transferring those risks that insurance companies cannot address. In short, check for potential business risks you might want to discuss with your insurer so that you can avoid overspending on premiums and also prevent future losses.

  3. Consider Quality Over Quantity
    Insurance buying decisions shouldn't be just about the price as the saying goes, "You get what you pay for." Top carriers provide significant value-added service that accomplishes terms of actual coverage and risk management services associated with safety, loss mitigation, and prevention, to name a few. Again, view the selection of brokers and carriers as an investment in your business.

Conclusion
This pandemic has underscored the need to protect one's assets from uncontrollable, unexpected catastrophic loss exposures. While maintaining a business can be taxing incredibly during this pandemic, by keeping in mind the three ways in maximizing business insurance mentioned above, we are sure that you'll be able to find the right business insurance for you.

At Synergy Insurance Group, we aim to provide comprehensive insurance policies that make your life easier. We want to help you get the insurance that fits your needs. You can get more information about our products and services by calling our agency at (763) 797-9999. Get your free quote today by CLICKING HERE.
0 Comments



Leave a Reply.

    Contact Us

    (763) 797-9999​
    2520 Coon Rapids Blvd NW
    Suite 180
    Coon Rapids, MN 55433​​
    Click Here to Email Us

    Archives

    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020

    Categories

    All
    Auto Insurance
    Aviation‌ ‌Insurance
    Business Insurance
    Commercial Auto Insurance
    FAQs
    Financial
    Home Insurance
    Insurance
    Local
    Safety

    RSS Feed

We are licensed in Minnesota, Iowa, Michigan, North Dakota and Wisconsin.


Navigation

Homepage
Insurance Quotes
Policy Service
Insurance Products
Privacy Policy
Contact Us
Agent Login

Connect With Us

Share This Page

Contact Us

Synergy Insurance Group
2520 Coon Rapids Blvd NW
Suite 180
Coon Rapids, MN 55433​
(763) 797-9999​
Click Here to Email Us
Review Us

Location

Website by InsuranceSplash