Coverage and rates vary by company, so it pays to shop around. Use these tips to help you shop:

• Compare apples to apples. When comparing prices, make sure you’re comparing policies with similar coverage. A cheaper policy might provide less coverage.
• Tell your agent about all your worksites to make sure you’re fully covered.
• Keep shopping if an insurance company turns your down. Insurance companies have different standards for deciding whether to sell someone a policy. You might be able to find a company willing to insure you even if another company won’t.
• Consider factors other than price. An insurance company’s financial rating indicates how strong the company is financially. Its complaint index is a measure of its customer service.
• Buy only from licensed companies. If you buy from an unlicensed company, your claims might not get paid. To learn whether a company or agent is licensed, call us.

Use these tips to help you save money:

• Remove potential hazards. Improving the safety, security, and maintenance of your workplace might lower your risk for having a claim, which can help you save money on your premiums. Most insurance companies also offer loss-control or risk-reduction services. Talk to your agent about ways to make your workplace safer and more secure.
• Combine coverages into one business owner’s policy. Many insurance companies offer business owner’s policies that bundle multiple coverages together. They’re usually cheaper than buying the coverages separately.
• Choose your deductibles wisely. A deductible is the amount you have to pay toward your claim before the insurance company will pay. Policies with higher deductibles have lower premiums. But remember that if you choose a higher deductible, you’ll have to pay more out of pocket if you have a claim.