Insurance Services

Besides offering brokerage services for buying and selling businesses and buying and selling residential income properties (apartments), another important service offered by West Coast Business Brokers is business insurance, life insurance, and personal auto and home insurance.

Five reasons to have adequate business insurance:

1. Liability coverage—a customer hurts themselves while on your premises

2. Contents—water, or fire may destroy your inventories

3. Fixtures—replace fixtures and tenant improvements if damaged by water or fire

4. Loss of income—due to closure of business because of water or fire

5. Other protection—employee dishonesty, loss of important papers, debris removal, etc.

Five reasons for small business owners to own life insurance:

1. The business will continue if one of the owners dies, but the deceased owner’s heirs would like to receive their share of the business now

2. The death of a key employee could have a big impact on the business; that loss could be minimized by life insurance to minimize the economic impact

3. Do it now because there may be a time when one of the owners becomes uninsurable

4.  The cost is small relative to the risk

5.  Life insurance can be a valuable tax planning tool

Five reasons to let us give you a quote on your business or personal insurance

1. As we review your insurance budget, we will balance premium dollars between personal (auto, home) and business (property, liability, life insurance for business continuation)

2. Farmers has very competitive rates in the business, apartment, and personal areas

3. It doesn’t cost anything to get a quote, the beginning of the year is a great time to see if there is some cost savings opportunities

4.  We make it easy to get a quote—we have an information sheet with the information we need to get a fast and accurate quote

5. It won’t hurt to see if there is savings potential now.  The savings could be put to work in a better place