How to Select A Small Business Insurance Broker

Here are some basic steps in understanding small business brokers such as Barham Benefit Group. BBG works with several types of insurance products and can help you sort through the insurance offerings from multiple companies. An insurance broker can help to ensure that you meet all state and local requirements for insuring your small business. You can select an insurance broker in much the same way that you would choose any other business professional.

1. Determine the types of insurance your business will need. You may need a wide variety, from worker's compensation to accident coverage on a company vehicle.

Barham Benefit Group can assist small businesses with medical, dental, disability, and life.

2. Ask for referrals to insurance brokers. Good sources of referrals include professional associations, their commitment to the community, and other business owners with similar insurance needs. While you can pick a broker out of the phone book, knowing which brokers are reputable can help you narrow the field.

Barham Benefit Group is known for being extremely dedicated to the community, a large supporter of programs such as Swan Special Care Center, Champaign Public Library Foundation, and for all others click here. As well as BBG's support of their own endeavors of continuing the arts with Indi Go Artist Co-Op.

3- Interview potential brokers before you select one to handle your business. Ask about the broker's experience, other companies they may have worked with and what sort of insurance needs they expect your business to have.

Meeting often with clients to discuss their plans, being available for assistance on insurance plans, and having an expansive client base further shows BBG's commitment to serving their clients. They are very open to meeting with potential clients to discuss the needs of the business and offering one-on-one help through the process of creating benefit plans.

4- Check that your insurance broker will be available to you when needed. Typically, it is acceptable to expect that a broker is able to return your phone calls within a day, especially since your broker is often your only point of contact for your insurance. You should make your expectations clear before agreeing to work with a broker, including expectations such as when you expect monthly statements to arrive.

Call Barham Benefit Group at 217-356-1978, or email James at jab@barhambenefit.com or John at jkatsinas@barhambenefit.com they will promptly get back to you and be there throughout the process.