Factors Which May Affect Your Premiums

The cost of business insurance is based on a number of variables. What those variables are depends on the specific nature of your business. In general, lower risk means lower rates. While every business is different, the following factors are among those that could affect your rates:

Property Policies

• Underground oil tanks
• Unfenced swimming pools
• Type and age of wiring
• Presence of smoke detectors, fire alarms or sprinklers
• Distance from the nearest fire department
• Loss history

Auto Policies

• Driving record
• Driver’s age
• Driver’s gender
• Make and model of vehicle
• Use of vehicle
• Place of garaging
• Loss history

General Liability Policies

• Business experience
• Financial stability
• Claims history

Give us a call. We'll ask you the right questions to determine which factors could affect your insurance rates.