DIY A/R Insurnace
How to get the best deal on Receivables Insurance yourself.
1. Call at least 3 Receivables insurance companies
Getting more than quote just makes sense. It gives you a frame of reference to make comparisons. To make it easier for you, click here to a list of all the major A/R Insurers in Canada. Each will want to collect some basic information, tell you about them, and set up an appointment.
2. MEET with Each of the 3 Insurance Agents
Each Agent will come to your office to meet with you. They'll tell you about their company and will start filling out an application with you. Did you know that the majority of A/R Insurance Agents in Canada aren't licensed?
3. MEET with Each AGENT TO REVIEW QUOTES
Each Agent will walk you through their quote, and each company has their own terminology. They will also tell you why each is better than the other.
4. DECIDE WHICH POLICY IS THE BEST CHOICE
How will you determine which policy is the best choice for you? Price? Structure? Coverage? What did each agent say about what was wrong with the other companies policies? You probably should call the Agent....