5 Tell-Tale Signs It’s Time to Change to a New Commercial Insurance Provider

Posted April 4, 2021 by amcinsuranceca

It’s possible that your current commercial insurance in Burnaby no longer serves your needs. You don’t have to be stuck with the same provider if it’s no longer working out for you.

If you see these tell-tale signs, it’s time to get yourself a new commercial insurance in Burnaby:

1. The insurance terms no longer fit your needs.

The most obvious sign is if your needs have changed. As a business, you will see growth in your operations. You might have acquired more employees or equipment or have added a wing to your commercial space. Your current commercial insurance in Burnaby might not be sufficient in protecting these additional things in your business hence the need for new insurance that will fit better for you.

2. The rate is not competitive.

It might have been the cheapest rate when you got it the first time but these rates also change or there are new vendors in the game offering more competitive rates. If you fancy reducing the costs of your premiums, it would be good to shop around and see if there are rates that are within your budget more.

3. They’re low-balling you when you file for claims.

Have you experienced filing for claims and then they had their insurance adjusters low-ball you? That’s a tactic that can make claiming more difficult. If you have had a bad experience with their service, it’s better to find yourself a new insurer.

4. The processing is too slow and inefficient.

How hard is it to file for claims? Does it take a long time before you can file for claims? How long do they process claims? If you are not satisfied with their inefficiency, you could try looking for a different provider.

5. They don’t have good customer service.

When you call their hotline, do you get an answer right away? How long does it take them to answer queries? These are the things that you should know to understand if it’s time to move on to a new provider.

When it comes to choosing a good commercial insurance provider, make sure you get the help of experts in this field such as AMC Insurance. Choose a commercial insurance provider that ticks off many things in your must-have list. That way, you can truly get the most from your insurance plans and not have to worry about getting covered and filing for claims.
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Issued By AMC Insurance
Phone (866)-360-8555
Business Address #120 - 12888 80th Ave. Surrey, B.C. V3W 3A8
Country Canada
Categories Finance
Tags commercial insurance Burnaby
Last Updated April 4, 2021