What does a commercial insurance carrier in Connecticut want?

You might be wondering why this is an important question to ask during your insurance hunting. Here’s the answer: each insurance carrier has a preferred client. If you don’t fall into their target, you’ll end up facing rejections. Finding the right insurance carrier here in Connecticut is the key.

Think of it this way. You’re a growing coffee shop owner. If you approach a commercial insurance carrier in Connecticut that specializes in manufacturing companies, chances are, they might not be able to provide everything that you need. It doesn’t click.

Buying Running Shoes for Hiking, Anyone?

Would you bring running shoes for a hiking trip? Of course not. The same goes for insurance. You want an insurance carrier in Connecticut that understands the demands of your industry. They should be able to provide the right coverage and protection for your business.

It all burns down to one thing: finding the right fit.

What to Look for in an Insurance Carrier in Connecticut

Each carrier has an appetite guide, which identifies the type of businesses they are willing to insure. There are many carriers out there.  You can start shopping for the right insurance for your business. That way, you can identify what fits and what doesn’t fits your business.

Remember…

Some carries will not write a new business because of the lack of experience in the field. In most cases, the owners or operators, have some level of experience in the business even though the company itself is a new venture, which allows for the insurance companies to consider insuring a new company.

Insurance isn’t a one-size-fits-all solution. Choose a carrier that has your business’s best interests at heart. It’s a win-win situation for you and your business!

It’s about time to get started.