One of the most critical business topics is probably one of the least discussed – and that’s insurance. As a small business owner, you want to preserve your investment in your company, but also ensure that every dollar is spent wisely. The challenge thus becomes maximizing the protection while minimizing premiums.
To help business owners find, evaluate, and possibly save on insurance, American Express OPEN has recently introduced InsuranceEdge, provided by BOLTSM Insurance Agency. With InsuranceEdge, you can compare side-by-side quotes on various types of business insurance from multiple leading carriers. I know many business owners maintain the same policy for years, as it’s often easier to renew than to research other options. With this online service, you can see multiple quotes within minutes, possibly saving you time and money. You can then choose to purchase at your convenience, and even speak with a licensed insurance professional by phone for assistance.
Also, as your business grows and changes, so can your insurance needs. Outside factors like natural disasters and increasing lawsuit awards can affect how much protection is best. So even if you’re satisfied with your current insurance, it could be worth a few minutes of your time to help ensure you’re getting the coverage you need and at the right price.
We’re excited about this new service and want to hear your comments. Did you find comparing quotes easier than in the past? Was it easy to provide your business information? Are there any features that would make this service easier to use? Also add any questions you might have – we’d like to know how we might help.
Mary Ann Reilly is Sr. VP of Partnerships & New Business for American Express OPEN, managing a team of brand, product innovation and business development professionals dedicated to helping serve the needs of the small business community.
Insurance & Advertising Disclosures: This site and the insurance services are offered through Business Owners Liability Team LLC d/b/a BOLT Insurance Agency, a licensed insurance agent that represents the participating insurance companies. BOLT Insurance Agency is not an insurance company. American Express Travel Related Services Company, Inc., (“American Express”) and its OPEN division are not agents of any of the participating insurance companies or BOLT Insurance Agency. American Express will receive compensation from BOLT Insurance Agency in connection with BOLT Insurance Agency’s sale of insurance. American Express is not responsible for the site content, operation, data collection, BOLT's compliance with its privacy practices or services provided.