Get Competitive Quotes Every Three Years

Another tip from my new book on worker’s compensation insurance…

The single most important step you can take to control your premiums is competitive bids. Every three years put both your insurance agent

and your insurance company in a spot where they may lose your business. The workers’ compensation marketplace changes quickly. When times are good, many insurers will want to write your policy. When times are bad, insurers are hunting for the exceptional risk. Use more than one agent. Allowing competition is the best way to make sure you get the best rates.