Mel Foster Insurance is an independent insurance agency located in Davenport, Iowa offering a full range of Commercial Lines Insurance plans from a variety of insurance companies. Our commitment to Commercial Lines Insurance means you will always receive top-notch customer service from our experienced professionals. Each producer will analyze your business needs, and develop a comprehensive plan at the best possible price.
No matter how small or big your business, and because each business has different requirements, we design commercial packages to meet the individual needs of you and your business. Mel Foster Insurance professionals can design a business insurance plan specifically tailored to your business, whether large and complex or small and family-run. Many of the plans we offer include:
Our agency professionals understand the fact that no two businesses are the same. They will analyze your business needs and tailor a package that is just right for your company. Mel Foster Insurance offers:
Be sure that you know what kind of insurance you need for your business. You could be under or over insured. Talking with your Mel Foster Insurance representative will clarify what kind and how much insurance is needed for your business. You should be aware of several different scenarios for your business that might require insurance protection for you. Do a risk analysis of your business with the help of your representative, check with your state insurance department to find out what is required by state law. Be aware that three other types of insurance may be mandatory, depending on the insurance company, federal and state laws: worker's compensation, unemployment, and employee benefits.
Make sure that your insurance agent has a complete history of your business. This may provide lower insurance premiums for your business. Recheck your insurance policy any time you make changes to your business.
You will need a good risk management plan to help reduce your business and liability insurance premiums. A good plan will remove risks from a business involving personnel, products, equipment, or property and lessen the frequency of specific tasks by acting proactively.
Shop around for a package deal, one that offers a combination of coverages under one policy for basic protection. These should include property insurance, business interruption insurance, liability protection, crime insurance, and car insurance for company cars. It is cheaper to purchase this kind of policy instead of purchasing several policies to cover each area.
One of the most important tips that can be offered is that businesses should consider purchasing employment practices liability insurance. This will protect your business if an employee should claim discrimination or that their rights have been violated. This is one of the most important types of business insurance that a business owner can purchase.
Click here to learn more about choosing the right business insurance coverage.
Contact one of our Commercial Business Producers today and let them "Make It Happen" for you and your business.
Call us at 563.359.5446 for additional information or with any questions or complete the form and we will contact you as soon as possible.