
Is Insurance Really a Commodity?
April 20, 2020
Kevin Hurley | Account Executive
Most advertising for home or auto insurance pushes the same message: that shopping around for several quotes is the best way to save money. But is the same true for commercial insurance purchased by businesses? Considering that one expensive claim can mean the difference between profitability and bankruptcy, companies shouldn’t rely on the cheapest possible programs to protect their bottom lines.
Your relationship with your insurance broker should be viewed similarly to that of your CPA or lawyer – a trusted professional advisor. Read more from Parker, Smith & Feek Account Executive Kevin Hurley on why relying on a risk manager’s expertise and experience can help reduce long term costs in South Sound Business​.​
The views and opinions expressed within are those of the author(s) and do not necessarily reflect the official policy or position of Parker, Smith & Feek. While every effort has been taken in compiling this information to ensure that its contents are totally accurate, neither the publisher nor the author can accept liability for any inaccuracies or changed circumstances of any information herein or for the consequences of any reliance placed upon it.
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