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Page 1 of 1 in the OregonBusinessInsurance category

Wednesday, 15 June 2011
Business Insurance and the Economy
A question that seems to be on everyone's mind these days is whether the
economy is in recovery or if we are on the verge of a second
recessionary dip.
We provide business insurance services to a
large number of businesses in the states of Oregon, Washington, Idaho,
California, Nevada and Arizona. Comparing the first half of the year in
2010 versus the same period of time in 2011, it seems as if there were
more business startups and a higher sense of businesses optimism in
2010.
Unfortunately 2011 business attitudes do not seem as
optimistic. Many contracting businesses who were able to survive the
economic downturn in the last two years are now in fear that if the
economy does not turn around soon they may have to close their doors
like many of the smaller contractors had to in the early days of the
recession.
A number of the calls we have been receiving lately
are existing businesses looking to reduce their insurance program until
their business picks up as the economy gathers steam. Since we
represent a large group of insurance companies like Travelers, Liberty,
Safeco, American Hallmark and other regional companies we shop their
accounts around finding the best rate for the specific type of
business.
The expertise of our agents helps our clients lower
their insurance costs as well. After consulting with the client we can
typically recommend areas of that can be cut and areas that should not
be altered or possibly increased.
Insurance typically is a
significant expense for most businesses. If you are trying to reduce
your insurance costs be sure to contact us at Insure Pacific. (800)
285-6372
Wednesday, 15 June 2011 22:29:25 (Pacific Daylight Time, UTC-07:00)
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