Those premiums keep going down, but for how long?

Those of you making the decision on purchasing commercial property and liability coverage for your business are probably enjoying the current climate in the pricing of your commercial insurance coverage. We are in the midst of a "soft market" in commercial insurance pricing and it's only makes financial sense to place your coverage with a carrier offering competitive pricing. Let's keep in mind that the lowest price isn't always the best deal. Make sure to examine carefully the alternative proposals you are receiving to make sure they match up with the coverage you currently have. Keep your agent/broker honest by insisting on no shortcuts in achieving pricing cuts. You should definitely take advantage of the pricing climate that is currently occurring. Just make sure you are still enjoying the same level of coverage you had before with the lower premiums you are now paying.

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