Commercial Insurance in Bluffton, IN
Change is a constant in Bluffton, IN, and that also goes for commercial insurance. Commercial or business insurance has changed over the years, and innovations in technology are bringing about more changes. At Bixler Insurance we stay on top of these changes and can help explain what they mean to your ongoing business insurance needs. Perhaps the largest change that has been seen in recent years is the rise of InsurTech, or what is referred to as “insurance technology”. This has been helpful in several ways with insurance, which also benefits those who are insured. From billing efficiency to fraud prevention and more, InsurTech has been improving many aspects of commercial insurance.
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Business Insurance in Bluffton, IN
Our knowledgeable and friendly team is dedicated to helping you find the perfect commercial insurance policies to protect your business.
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One of the trends that business insurance is seeing is the move toward more personalization of insurance. With the use of artificial intelligence and deeper data analysis, business insurance rates are being targeted for each specific business, taking into account the length of time in business, the number of claims, and more. By more accurately assessing risk, businesses will not be paying more than they should for what their business does and need coverage for.
Usage-based insurance has been around for a while, but with the new computing power and technologies mentioned earlier, many usage-based insurances are becoming available and it provides an incentive for businesses to look at these options as a way to save money. Other risk-mitigation approaches will also help to ensure that business insurance is working for the business.
Risk Mitigation and Commercial Insurance in Bluffton, Indiana
Risk is ever-present in our world, and risk mitigation is what insurance is for. There are many things that a business in Bluffton, Indiana can do to help themselves deal with risk, and commercial insurance is an important tool in this regard. Many times our team at Bixler Insurance can offer you ways to help with risk mitigation that also impacts your insurance rates, such as ongoing safety training and other efforts that help to minimize and eliminate problem areas.
Having the right commercial insurance in place for your business will be a key component of the success of your business. Bluffton was platted in 1838, it was named for river bluffs near the original town site. In 1848, the idea of a 10-mile planked road from Bluffton to Fort Wayne gained popularity throughout the city. In 1849 a ten-mile stretch of the plank road was constructed by city locals. The City of Bluffton is nicknamed the “Parlor City” for its history of having some of the first clean paved streets in the area during the time of the Trenton Oil boom. Contact us to learn more about the changes in business insurance.
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