If you are a small business owner, chances are not a day goes by when you don't have to don a few different hats. From sales to inventory and marketing to finance, you certainly have a lot to worry about. While that level of involvement is par for the course when running a business, there is one worry you should be able to check off your list: loss. With a commercial insurance plan, you can protect all of the hard work you have put in to making your business successful, as well as the growing assets your business has seen as a result of that effort. When choosing a commercial insurance plan, you should pick a coverage that matches the unique needs of your business.

For help guide your search, keep these three tips to keep in mind when shopping for business insurance:

• Take stock of your risks: When you apply for a policy, your insurance company will measure the information in your application against a model of "acceptable risk" formulated by an underwriter. In order to clear a profit, insurers typically avoid clients whose behavior, occupation, or professional record suggests excessive risk. Local insurers, however, are often more proactive at helping their businesses identify and prevent risk in the first place. 
• Shop around: Like when looking for the right auto or homeowners insurance, shopping around is crucial to finding the policy that best fits your business's needs. The more plans you look at, the more points of comparison you will have to determine how well a coverage plan will fit. 
• It pays to have good credit: Insurers can offer the lowest premiums to people and businesses with the best credit, as they have proven to be lower risks.  Pay your bills on time and monitor the total debt load that you carry, and you could see huge savings on your insurance costs. 

For more information about insuriing your small business, contact Fundy Mutual and speak with one of our qualified agents today.