How Can We Reduce The Cost Of Our Insurance?
The cost of everything including apples, milk, gas, house prices, haircuts, etc. seems to be going up and up and increasingly, and understandably, people are trying to find ways to decrease the costs of the products and services they need and want. Identical to people’s personal expenses the cost of things that businesses need in order to continue to sell their products and services and generate some level of profit are also going up which typically results in those increased costs being passed on to customers and clients. Intuitively people understand that all businesses need to make a profit in order to continue to be able to provide the product or service offer. However, when done poorly cost increases can be upsetting for people especially when they feel it was out of their control, they weren’t consulted, they weren’t given choice and/or weren’t given enough time explore options. This type of experience is unfortunate, and all too common across many industries, but is particularly upsetting when it’s related to the insurance industry as insurance products and pricing are complex and not entirely clear. The insurance industries failure to educate and communicate increases in their own costs (and therefore pricing) combined with the fact that people are experiencing cost increases in all other aspects of their life leaves many people asking how can we reduce the cost our insurance? Given that the average person spends between 3-5% of their disposal income on personal insurance products and typically business insurance costs are around 1-2% of a companies revenue it’s no wonder people rightfully ask how can we reduce the cost of our insurance?
Answers To “How Can We Reduce The Cost Of Our Insurance?”
- The Canadian insurance brokerage ALIGNED Insurance was uniquely built on a core value of helping others rather than profit maximization. This was based on their founder, President and CEO’s personal experience of being helped by the insurance industry. Our specialized Canadian business insurance brokers and partner personal lines insurance brokers are experts in ensuring costs of both the insurance itself and the associated compensation for the brokerage is appropriate for the value being delivered.
- Changing insurance coverage to meet the specific needs of your business is often a way people and organizations are able to reduce the cost of their insurance. Many insurance policies are prepackaged and some overages can be deleted if not desired or valued. ALIGNED Insurance brokers can help audit your insurance policy or assess your insurance needs to help answer “how can we reduce the cost of our insurance?”
- Make a change in insurance companies. Independent 100% Canadian & privately owned insurance brokerages like ALIGNED Insurance has a team of expert insurance brokers who can help find the right/best insurance company for you.
To Discuss “How Can We Reduce The Cost Of Our Insurance?” Further Or For An Insurance Quote Call ALIGNED Insurance Brokers Today At 1-866-287-0448
|ALIGNED Across Canada 100% Canadian owned, ALIGNED is a premiere insurance brokerage that serves more than 1,400 clients across the country. ALIGNED’s offices in Toronto, Calgary and Vancouver are supported by a national operations centre in Cambridge, Ontario. Uniquely within the industry, ALIGNED creates, negotiates and delivers the best business insurance and risk management strategies/solutions to organizations like yours.|