Your commercial business insurance premium is determined by a wide range of factors, including where you’re located and what you do. Those in Matthews, NC should have all the facts, so there are fewer surprises by the time they start searching for quotes. Whether you’re looking for brand new coverage or you want to improve upon what you currently have, JC Demo Insurance Group may be able to help. 

Your Location and Specialty 

Different businesses are riskier than others. If you have a body shop in a dangerous section of town, your location may be more likely to sustain criminal activity, such as theft or vandalism. You’re also more likely to have a liability or workers compensation claim filed against you. Let’s say a customer comes to pick up their car when they’re injured by a misplaced tool. Your premium will be higher based on the risks, meaning it will be very different from an air-conditioned office stocked with ergonomic chairs and other safety features. 

Claim History 

This factor is something of an extension of your location and specialty risks. If you’ve filed multiple claims before, you’re more likely to have a higher premium because insurance companies assume your rate of filing will likely remain stable. For many businesses, there is only so much they can do to eliminate all risk. However, it can help for business owners to take as many safety precautions as possible in an effort to prove to the insurance company that everything is being done to prevent accident, injury, or property damage. 

To find out more about how you can do more for your business, call JC Demo Insurance Group today. We serve the owners of Matthews, NC who want to keep their livelihood going no matter what happens.