Why Buy Commercial Insurance Online
When it comes to Commercial insurance (also known as business insurance), the current process for quoting, purchasing (or “binding”) and managing business insurance policies can be described as cumbersome at best. Most insurance brokers want their potential new clients to fill out reams of paper applications, send things in via fax and then wait weeks for a quote. For today’s fast-moving businesses, this can be a bit of a shock.
Fortunately, the Canadian insurance world is starting to change. Insurance companies are becoming more flexible, which is allowing a new group of tech-savvy brokers to offer commercial insurance online to their clients. This means that clients can get insurance quotes online, manage their policies online and file claims online. Overall, this creates a much smoother process for the client and allows both the client and broker to easily manage and review the entire business insurance program.
The online process covers a wide range of Commercial insurance policies, including Commercial Property, Commercial Liability (or CGL), Commercial Auto, Errors & Omissions (E&O) / Professional Liability, Directors & Officers (D&O) and numerous others. Business owners can now get quotes for these online, and then manage them accordingly.
The online management side is key, as it allows online fleet management, online asset & equipment management, and online issuance of pink cards and certificates of insurance. This allows the business owner to get the insurance documents they need and the coverage changes they want almost instantaneously, instead of waiting for a broker to manually process the change. The business owner can then get back to doing what they do best: running their business and helping their clients.
Fuse Insurance Ltd. is proud to be a pioneer in the online commercial insurance market. We are the first online commercial insurance brokerage based in Western Canada, and we offer a complete range of insurance products for businesses of all sizes. For further information or to get a quote for your business, please see our website at www.fuseinsurance.ca or call us at 1-866-387-FUSE (3873) for more details.