Why should your restaurant have an independent insurance agent?

3 Reasons Why Your Restaurant Should Have an Independent Insurance Broker 

1. “Captive” agents work for one carrier, so you are stuck with their rates and products.
2. Independent agents have access to many carriers to get the best rates for the best coverage.
3. You may get the best coverage and price by combining multiple carriers for various types of coverage.

An independent agent works for the restaurant owner. We do not work for any insurance company.
A “captive agent” works for one specific company. Their job is to sell that company’s policies, whether it’s best for that client or not.
We don’t do that. We focus on the needs of our client. Our commitment is to make sure our clients have the best coverage from the best carrier for their business.

Do you want a “captive agent” like this?

• I research all the carriers that I work with before I even place $1 of business with them to make sure they are “A”rated and that they pay their claims in a reasonable time frame.
• I keep an eye on the market. I see what’s changing. If a new carrier comes in, and they are undercutting everybody else, I don’t rush to place everybody’s insurance with them.
• I keep an eye on them to make sure that they are a carrier that I want to place my clients with.
• I have a good rule of thumb. If I wouldn’t place my business with a carrier, I’m not going to place my client’s business with a carrier.

If you want to make sure you have an insurance broker that makes sure you don’t overpay, give us a call and we would be happy to evaluate your restaurant. Click Here to schedule a meeting directly.

Tags: costs, insurance, NYC, restaurants