You’ve put in the money, time, and hard work to open and grow your business. Taking the critical step of protecting it from natural disasters, theft, and other types of damage are worth investing in comprehensive business insurance. As one of the nation’s leading carriers, Farmers Insurance Group specializes in providing company owners with affordable coverage that will be there in case you ever need to file a claim.

There are several factors used to calculate the premiums policyholders pay for their business insurance plans. Here are some general considerations:

• Amount Of Coverage: Depending on the type of business, some owners may opt for one type of coverage or several policies. The premium amount is typically determined based on the number of business insurance plans. Some carriers may even offer discounts to those with multiple policies from the same provider.
• Type Of Coverage: If your company sells products, the premium amount for product liability insurance can vary based on the type of product and its consumer consumption outreach. Certain policies for riskier industries or online businesses with higher exposure levels to cyber fraud may need specialized coverage.
• Company Structure: A limited liability corporation (LLC) with several hundred employees is likely to have significantly different premiums than a sole proprietorship. Having more staffers may mean additional coverage for workers compensation, accident insurance, life insurance, and other related plans.

These are just a few of the factors used to calculate premiums for business insurance. Farmers Insurance Group offers an extensive line of policies for a wide variety of industries. From apartment management and auto service and repairs to restaurants and retail stores, the national carrier has the experience and knowledge to create a customized budget-friendly insurance package. You can also count on the team of specialists for fast and efficient claims if you ever need to use your insurance protection.

To get started with a free estimate and consultation, call Farmers Insurance Group today at (417) 926-7900 to speak with a friendly agent. You can also visit the website for extensive information on business insurance options.