How is business liability insurance premium determined?
Are you planning to purchase business liability insurance? Then you can first calculate an indication of the premium on Alpina.nl This way you will know approximately what you will spend per month on premium for your business liability insurance. An insurer calculates the premium based on several factors. For example, your profession and the size of your company affect the cost. In this article, we explain how you can calculate the premium for business liability insurance in just 4 steps.
Premium determinants
The cost of business liability insurance depends on a number of factors. Based on these factors, the insurer calculates the amount of the premium. The following factors affect the premium:
- The number of employees you employ
- The industry in which you operate and the profession you practice
- Your gross annual salary and annual sales
- The amount you want to insure
- Any membership in a trade association or umbrella organization
Calculate your business liability insurance premium in 4 steps
Before you purchase business liability insurance, of course you want to know what you will pay in premium each month. Calculating the premium in advance will give you a good idea of the monthly costs. In 4 easy steps you can calculate the premium for your business liability insurance:
Step 1: Fill in some information about your company
The first step is to enter some information about your company, such as the industry you work in, your occupation and the number of employees. Using this information, the premium is calculated. When determining the cost, an insurer looks at how risky your occupation is. The premium for business liability insurance is higher if the insurer assesses a higher risk of damage or injury. If your employees work with large machinery, the risk of injury is already higher than if they sit at a computer all day.
Step 2: Calculate the premium
After filling in your details, you will be shown an indication of the insurance premium. You can also go through the policy conditions of the insurer in advance.
Step 3: Compare providers
By comparing, you can find the best business liability insurance at the lowest price. Never buy the first best liability insurance, but look carefully at the premium, coverage and policy terms.
Step 4: Take out the business liability insurance policy of your choice!
Have you compared corporate liability insurance and found the insurance with the best coverage and premium? Then you can take out this insurance directly online on Alpina.nl ! Of course, you can also include other business insurances in your calculation, so that your company is optimally protected. You will also get a nice discount. Moreover, insuring with one insurer on one policy also offers convenience. In case of damage, you can settle everything with the same insurer.
Calculate your business liability insurance premium directly
Do you still have questions about corporate liability insurance premiums or how to take out? If so, please be sure to contact us! Our insurance specialists are happy to think along with you and can answer all your questions. You can reach us Monday through Friday from 8 a.m. to 6 p.m. by phone at 0800 - 688 37 12. Of course, you can always send us a message via chat, WhatsApp or Messenger.
Calculate the premium for business liability insurance!
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