How small businesses will benefit from having an Independent Agent

At Elliott, Powell Baden, and Baker Insurance, we love working with small businesses in Oregon and Southwest Washington, so much so that we have a dedicated team that works only with small businesses. In the world of small business, every decision counts. From product development to customer service, each element of a small business’s operation directly impacts its success. One often overlooked but crucial decision is choosing the right insurance coverage. For small businesses, having an independent agent like  Elliott, Powell, Baden, and Baker can make a difference.

Unlike agents representing a single insurance company, EPB&B insurance works with multiple insurers. This allows us to offer a broader range of options, and more importantly, we can help tailor policies that best fit your specific business needs. A small business is unique, and one-size-fits-all insurance solutions rarely work in its favor. Our select team at EPB&B takes the time to understand the ins and outs of your business and recommends coverage that aligns with your risks and budget.  

1. Access to a Broad Range of Options

One of the key benefits of working with an independent agent is the ability to shop around and compare different insurance providers. Unlike captive agents tied to a specific insurer, independent agents have access to a diverse selection of carriers, meaning they can often find better deals or more comprehensive coverage than if you went directly to an insurer. This access to multiple options is precious for small businesses, which may have more limited budgets but still require extensive coverage. By comparing quotes and policies from various providers, EPB&B Insurance can help you get the best value for your money.

3. Expert Guidance in Complex Decisions

Insurance can be complicated, and many small business owners don’t have the time or expertise to fully understand all the details of the policies they’re buying. The team at EPB&B are experts in the field and are able to break down complex terms and coverage options in simple language. We can also offer advice on what types of insurance are essential based on your business’s size, nature, and location. Moreover, we  stay updated on the latest trends and regulations in the insurance industry, ensuring you’re always compliant with local laws and best practices.

3. Ongoing Support and Advocacy

Insurance isn’t a one-time transaction; it’s an ongoing relationship. As your business grows or changes, your insurance needs will evolve. The select team at EPB&B Insurance can help you make necessary policy adjustments and confirm you’re adequately covered throughout every phase of your business. We act as your advocate, helping you navigate claims and disputes with your insurer and advocating you get the compensation you deserve in case of a loss.

5. Cost Savings Over Time

While the cheapest option is always the best, cutting corners on insurance can lead to gaps in coverage that become costly in the event of a claim. The team at EPB&B is motivated to find the best value for your business, balancing price and coverage to ensure you’re paying attention to necessary options while still protecting your business effectively.

Running a small business comes with its fair share of risks. Whether you’re a freelancer, a brick-and-mortar shop owner, or the head of a growing startup, having the right insurance coverage is crucial to protecting your business and securing its future. Our team  can help you manage financial risks that arise from accidents, lawsuits, property damage, and other unexpected events.

At EPB&B we have a select team of insurance professionals dedicated to woking with small business. Contact our team at 503-227-1771.