New Hampshire Start-Up Business Insurance
Starting a new business in New Hampshire can fulfill a lifelong dream. It is exciting but also overwhelming. Insurance is an important part of any business, so work with an insurance professional who can help guide you through what you need to get your business off the ground, as well as assist you as your company grows and evolves.
What type of commercial insurance do I need for my new business?
Like most things in insurance, the type of business insurance you may need for your start-up will vary depending on what type of business you are in, but here are a few things to consider:
- Do you have a lease agreement with a landlord?
- Do you have contract agreements with retailers, suppliers, clients, or anyone else?
- Do you have any employees or use subcontractors?
- Do you have a car registered in your business name?
- Do you deliver any goods or use equipment off your business premises?
These are just a few questions that can impact the type of insurance you need to protect your business.
What is the difference between buying business insurance through an independent insurance agent vs. going online?
A good independent agent should ask you such questions as highlighted above while getting a quote online is a more robotic process likely to spit out a premium. Getting only what you asked for may sound great, but if you are not asked critical questions, you may be leaving your business exposed to unexpected lawsuits.
You may think you will be pushed into buying something you don't need by contacting an agency. The job of an insurance agent is to educate you about possible exposures. It is up to you whether you purchase the coverage, but at least you will have enough knowledge to weigh the risks yourself.
Many commercial online insurance companies use phrases such as "unlimited certificate requests" and "free quotes." This sounds great, but know that most insurance agents don't charge for certificate requests and provide free quotes.
Lastly, when you go to a local independent agency, like HPM Insurance, you don't have to navigate a complicated phone system or get a different person each time you call. Instead, you are assigned a dedicated account person who gets to know you and your business as your business evolves.
Experience Matters
You are undoubtedly an expert in your field, which is why you are in business for yourself. So why not have the experts of HPM Insurance use their insurance expertise and be part of your new business team? They have been writing insurance for entrepreneurs in New Hampshire and New England for decades.
Whether a consultant, restauranteur, handyman, manufacturer, or anything in between, HPM agents work with you to review your business operations and suggest appropriate coverage for your start-up. The insurance exposure can vary greatly from a one-person contractor to a multiple-location franchisee, but there is one thing that remains the same – you could lose your business if you don’t have the proper business insurance coverage.
Understanding Value
We understand that you need to be careful with all expenses, especially when starting out. HPM can quote your start-up business insurance through the many companies we represent to find you an insurance program at a reasonable rate.
Why HPM Insurance
Why put your start-up insurance with an agency that only writes with one company? As an independent agency, HPM Insurance works with more than ten companies to find you the coverage, discounting options, and protection designed just for you!
At HPM Insurance, we have been protecting the residents and businesses of New Hampshire and beyond since 1860.
We wish you the best of luck with your new business!
