Commercial Insurance Brokers

Published by : https://kensmalleyinsurance.com/
Business come in all sizes, and the role of the Commercial Insurance Broker will vary in
some respects with the size of the client company and the amount of insurance expertise
it has available among its own staff. Checkout kensmalleyinsurance.com for more
info.

The approach to commercial insurance of a

small engineering workshop in a side-street
will not be the same as that of a huge multi-
national corporation which may number an
insurance company among its subsidiaries.
The essentials of the broker's task will be the
same, however, for the largest company as it
is for the individual: to use his knowledge of
insurance and of the insurance market to
help his client to arrange a sound insurance
programme which, to the maximum extent
possible, meets the client's particular needs.

The Business Insurance Broker will handle the insurances of a small company in a
manner very similar to those of an individual. The relationship is likely to be a personal
one wit the directors of the business, and they can be considered, in a way, as
individuals who have a different, and more extended, set of insurance needs because of
their involvement with the company.

The first essential will be for the insurance broker to ensure that his clients have the
compulsory commercial insurances which they need for their business to be carried on
legally.

Employer's liability cover to protect the workforce

must be arranged, and motor insurance is also likely
to be a necessity. If the business has plant or
machinery which must have a periodical statutory
inspection, it will be usual to arrange for this to be
done by a specialist engineering insurer under the
terms of an engineering inspection contract, with or
without insurance.

Fire insurance will be very important, as will

consequential loss insurance to protect the firm against loss of earnings during the
period following a fire until it is fully back in business. Then there will be all the other
insurances which a business needs - public and products liability, theft and money
insurance, goods in transit and perhaps marine insurance, all-risks covers, fidelity
guarantee and possibly others. The broker may also be asked to provide insurance
covers for staff, a group life and pensions scheme, or personal accident or permanent
health insurance for example. Do you want to learn more? Visit ken smalley
insurance.

The range of insurance which may be needed, and the variety of problems which may be
associated with them, place great demands on the broker with an industrial firm as his
client, and make it much less possible for him to be a specialist in one or two types of
insurance only. The individual may be happy to consult a broker for life or motor
insurance only, but the industrial company is likely to want a single source of advice for
all its insurance problems.

Summary:

Ken Smalley Insurance agency was established in Sacramento in 1990 and their original
office was in Rancho Cordova and they moved to Fulton Ave in 1995. They offer
customized insurance solutions for your auto, home, life, commercial, liability, business
and health insurance needs throughout California.

Visit this site to learn more: https://kensmalleyinsurance.com/