If you are running a business in Canada, you will need to consider hiring an insurance broker to help you with all your insurance needs. If for example, you live in Barrie you can look up http://www.dgbevan.com/barrie/ addresses but before you go ahead and hire one, here are a few tips to help you get the best.
Hire outside the insurance company: it would be unwise to hire an insurance broker who also works at an insurance company. It is best to hire an independent one who will look out for your best interest and not that of the company they work for. You will actually be able to get the best service if you have a different broker from the insurance company.
Ensure they understand your story: it is important that the broker understands your business story because they will be the one to present this before the insurance company and that can determine how good your price will be. Insurers listen to your story and then use that to determine the risk involved and how much they should set the premium.
Go for more experienced brokers: it may be tempting to go for someone you know but the truth is those with more experience will do you the best service. Seek out recommendations from people who are in the same line of business and even after getting the recommended insurance broker, it is best to sit down with them and find out just how much experience they have and what kind of deals they can get you with the insurance company. Brokers who have been in the business long have a wide network and they will give you more options than those who are starting up. But that should not stop you from talking to those that are new in the game since they may have the one good deal.
Get as many extra resources as possible: Many people just think of the insurance broker as someone to deal with insurance issues. But they can provide a lot more than just that. Insurance brokers can become part of the advisory team for your business. They can provide advice on risk management, advocacy, they can get you access to other professional services and much more. Like we mentioned before, they have access to a wide network and you should be able to benefit from that network that they possess. So find out what else they can do for you and see if it is of use to you.