New Guide Offers Consumers Smart Tips to Consider When Purchasing Business Insurance, recently published an article with smart tips on how to procure affordable business insurance.


Columbus, OH -- (SBWIRE) -- 05/04/2012 -- Businesses both large and small cannot afford to ignore the importance of business insurance. One of the country’s leading online insurance services,, recently published an article with tips on how to procure affordable business insurance. Business involves numerous risks which can only be recognized and identified with thorough planning. Alex Liteev, CEO of, reiterates the need for a complete business plan prior to purchasing business insurance. Liteev says, “The first thing is to evaluate your business risks in order to find a good business insurance policy that suits your firm’s needs best. This involves identifying key processes and the risks involved. This is a process that is the deciding factor of how much business insurance you really need. Besides, this is what any insurance provider will consider when determining premiums.”

The next step is to keep well informed about various policies in the market which is easily possible with thorough online research. Websites like provide comprehensive details on different types of business insurance policies. In addition, policy seekers can obtain free quotes and compare rates and coverage amongst different providers, which is essential in order to choose the right policy that suits a business’s needs without the risk of being under-insured. The article also stresses the need to consult a reliable and qualified insurance professional who is in the best position to determine the amount of cover required. Licensed agents can also be found in the local state department of insurance listings. Liteev adds, “Insurance professionals know the risks involved and are a safe bet when it comes to procuring adequate business insurance. In addition, it is important to look for a comprehensive package which will include property, general liability, auto, business interruptions and other essential areas that require coverage. This is usually known as a Business Owner’s Policy or BOP, which has the potential to lower premiums significantly and save time as well since a single policy can cover all a business’s needs.”

The article by also highlights the need for annual reviews of a business insurance policy. According to the article, it is prudent to include business insurance in yearly strategic planning since there is always the chance of the level of risks fluctuating due to operational changes. More details on business insurance and ways to find affordable options are available on the website. For any business, it is never too late to find inexpensive business insurance options and avoid exposure to numerous risks.

To access the full article, readers can go to

About is an independent online insurance service which is aimed at providing assistance for insurance buyers in the United States. offers simple methods to compare insurance quotes and get business insurance policies online. To know more on them, check website