Cutting insurance costs doesn’t mean cutting corners. Smart business owners focus on reducing risk and eliminating waste. One of the simplest ways to save is bundling policies like general liability, commercial auto, and property into a business package designed for your industry.
Safety programs also pay dividends—literally. Strong return-to-work policies, driver training, and job-site safety plans help reduce workers’ comp and liability claims, which directly impacts premiums over time. Reviewing deductibles is another often-overlooked lever; small adjustments can produce meaningful savings.
Finally, make sure any equipment you’ve sold, auto’s or drives that are no longer with you are removed. Any one of these can cause businesses to pay more than necessary. Working with an independent agent who actively shops renewals and updates exposures annually ensures coverage stays accurate, competitive, and aligned with how your business actually operates.
Stay Tuned For Other Great Reads In This Month’s Newsletter
- Workers’ Comp 101 for Oklahoma Small Businesses
- Bonding Basics: Why Contractors May Need Bonds in Addition to Insurance
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