Here's some advice to help you manage your business's insurance needs.

As a small business owner, it's your responsibility to make sure that your company has the insurance protections that it needs.  However, managing your commercial insurance is easier said than done.  Here are some suggestions that can help you with your business insurance. Know Your State's Minimums Did you know that certain types of business insurance are actually state mandated?  Many states require business owners to carry workers compensation insurance, disability insurance, and unemployment insurance.  If you are unsure what your state's insurance minimums are, contact your state's Department of Insurance.  This way you can be sure that your business has the insurance coverage it needs. Understand Your Business's Risks With all the different policies out there, it can be difficult to choose the right ones for your business.  That's why you should take the time to really consider all the risks that your business faces.  After going through the various aspects of your business and identifying your vulnerabilities, you will have a much easier time choosing the right policies. Bundle Your Policies Getting policies from multiple different insurers is both expensive and inefficient.  Instead, you should bundle as many policies as possible under a single insurance provider.  Not only will bundling unlock special discounted rates, but your insurance will also be easier to manage when all your policies are in one place. Follow this advice to better manage your small business's insurance.  Do you still have questions regarding your business insurance?  Don't hesitate to contact us at Weeks & Associates Insurance Services in Thousand Oaks, California.  Our dedicated team is ready to assist you with all your insurance needs.