To give your agent better insight into your business, be prepared to open your books and answer some detailed questions about your company. This information will allow the agent to understand who you are and what you do, which will lead to creating a policy with the right amount of coverage.
You’ll be asked to talk openly about your company's revenues for the past several years, as well as what's projected for the future. Your agent will also ask about the type of company you run, how many people you employ, the area where your business is located and other factors.
Our advice is to always be as forthright as possible so a business liability quote and policy can accurately reflect the realities and risks of your business.
Typical questions for a business liability insurance quote
Beyond the standard questions are some details clients are sometimes surprised to be asked during the commercial liability insurance quote process :