Lynnwood, WA area business owners that are just starting out may find the task of obtaining the correct commercial coverage for their needs rather daunting. That’s where Sound Choice Insurance Agency Inc comes in. We are proud to serve the insurance needs of the local business community and look forward to guiding our clients through the often confusing process of selecting an appropriate commercial policy. 

Not all commercial policies offer the same protection 

Every business is different, and those differences are often reflected in their insurance needs. If you carry a lot of inventory or utilize a lot of technical equipment, your policy needs will vary from a business that is more service-oriented, such as a delivery service. However, no matter what type of business you may have, it is important to select a commercial policy that protects as many aspects of your company as possible.

There are basic policies as well as more robust and comprehensive options. Working with a registered agent is the most effective way to ensure that the commercial policy that your company chooses provides appropriate coverage at the right level of protection. There is no reason to not take advantage of all the available features to give your company the protection it needs. From vehicle fleet protection to business interruption coverage there is likely a policy that can serve your needs very well, no matter what they may be. 

Let us help you review your commercial coverage options

If you are a new business owner in the greater Lynnwood, WA area, contact Sound Choice Insurance Agency Inc today. We can help you review your business needs and help you find the policy that provides the protection you need. Call and schedule a consultation today!

The Lynnwood, WA area continues to be a very popular place for people to live and visit. This has led to a consistent level of population in the area and demand for new businesses, which makes it a great place to start a new company. When you are going to start a business in this area of Washington, you should spend time carefully assessing all of your insurance needs. There are several reasons why a business here would need a commercial insurance policy.

Insurance Protects Business

The primary reasons a business will need commercial insurance is that it will protect the business. With a full commercial insurance policy, you will receive coverage for your business assets and liability protection. Both of these types of coverage will prove to be extremely valuable if you ever suffer from a covered loss.

Insurance is Often Required

You may also need to get commercial insurance because it could be a requirement for your business. Many business owners today have different insurance obligations that need to be met. Some situations when they will need insurance is if they have raised money from outside investors or have taken out a business loan. These stakeholders typically have specific requirements, which will protect your company and its investment. 

Picking the right commercial insurance policy for your Lynnwood, WA business is a big decision. As you are looking for a new insurance policy here, it is very important that you speak with someone that you can trust. The team at Sound Choice Insurance Agency Inc can offer you sound guidance that will help you build a policy that is right for your business. Sound Choice Insurance Agency Inc is able to do this by working hard to understand your business and risks and building a policy that mitigates them as well as possible. 

You need to invest in commercial insurance to protect your livelihood. Unfortunately, many business owners experience devastating consequences because they failed to invest in commercial insurance and unexpected expenses came up.

At Sound Choice Insurance Agency Inc, we provide commercial insurance in Lynnwood, WA. The following are three mistakes you need to avoid when you buy commercial insurance in Washington. 

Failing to read the fine print on your policy

You should definitely set time aside to read through your policy details. This way, you’ll understand what you’re eligible to file a claim for. Unfortunately, some business owners aren’t aware of everything their policy covers and therefore don’t file a claim when they are eligible to do so. 

Not purchasing coverage for possible revenue losses

One type of commercial insurance available covers revenue loss from various events. This is a very important type of insurance to invest in.

You never know when an accident or setback can come up that significantly reduces your income under the expected level. That’s why it’s so important to invest in the business interruption or business income coverage. 

Keeping the exact same policy despite significant changes at your company

Business owners should periodically reevaluate their business insurance needs. As your company grows, you need to reconsider what your financial risks are. You’re probably going to face more risks and need more commercial coverage as your business expands. 

Every time your policy terms comes to an end, set some time aside to reevaluate insurance needs. Invest in more coverage as necessary to ensure continued success. 

Get started finding the right commercial insurance solution with our help at Sound Choice Insurance Agency Inc. Contact us today to insure your Lynnwood, WA business. 

We don’t need to emphasize the importance of commercial to every business. Most business owners are aware of that. Rather, we will give you a few reasons to review your commercial insurance. The best time to review your commercial insurance is in spring. 

At Sound Choice Insurance Agency Inc in Lynnwood, WA, we see a spike in business insurance claims during the spring season. We know how disheartening it can be for you to file a claim only to find out that the situation for which you are filing a claim is not even covered in your existing commercial insurance policy. 

This is why we encourage our clients to review their existing policy regularly, starting from this spring. Here are a few reasons why the review is a must.

Business expansion

It is every business owner’s dream for their business to expand. How does a business expand? It is by offering more products or services, by hiring more people, by purchasing more tools and equipment, and by extending your coverage areas.

When you undergo any of these expansions, your business may be under-insured if you don’t review your policy. For instance, if you run a construction company and you recently purchased heavy machinery, chances are good that your existing commercial insurance policy does not cover your latest acquisition. If the equipment gets damaged or burnt, you’ll be on your own. So, you should review your policy.

New location

Insurance laws vary from state to state. If you open a branch office in another state, it is necessary to review your policy to cover your offshore business properties. That’s one leg of the review. For the other leg, your policy has to be in line with the laws in the other state in terms of business insurance.

Better cost 

You need to review your insurance policy to get better deals. You may be entitled to certain discounts. Also, the cost of your existing policy may have gone down slightly. You may not be able to take advantage of the discounts or new deals without a review. 

For more information on commercial insurance, you can hit us up at Sound Choice Insurance Agency Inc in Lynnwood, WA. 

Commercial insurance works to protect your business in Lynnwood, WA from financial ruin in the instance of the unexpected happening. You should understand the tenets of a good assurance plan before you need to take advantage of its benefits. Unfortunately, though, many business owners do not give enough credence to commercial insurance and, thus, find themselves in a bind when tragedy strikes and policy limits leave them with outstanding balances. 

The agents at Sound Choice Insurance Agency Inc work to get your company fully protected so that you are ready when the unthinkable manifests. Read on to learn about commercial insurance policy limits and how much assurance your business may need!

What are commercial insurance policy limits?

Your business assurance plan in Lynnwood, WA is not absolute. Just as with a car insurance policy that imposes maximum limits for payouts, so also does your commercial indemnity plan. The amount of compensation you receive from your policy after tragedy strikes largely depend on your premium. Those who pay higher amounts for coverage may find that their policy pays for more damages that those who pay the bare minimum in premium amounts every month. 

Bigger, however, is not always better. Some business owners find that they do not have the protection they need even with high monthly premiums. It is important, then, to discuss the nature of your business with a specialist from Sound Choice Insurance Agency Inc to ensure that your indemnity plan is the right one for your situation. 

How much commercial insurance do you need?

The amount of business assurance your company needs depends on the type of business that you carry out during the day. Those with retail companies may find that they need more coverage for incidents because of the flow of customers throughout the workday. Meanwhile, those with Internet-based companies may not need as much assurance in the way of physical liability. It may be essential, however, to have an indemnity plan that pays for lawsuits related to intellectual property. 

An agent at Sound Choice can help you navigate the way of commercial insurance. Call them today for a consultation and to get started with a quote!

Your dream car might be brand-new, but for many, it’s a classic from the early days of automotive. Model Ts or an old school Packard prove popular to some. Others prefer a 1950s roadster or 1960s muscle car. These vehicles, known as antique or classic cars, require classic car insurance. Sound Choice Insurance Agency Inc of Lynnwood, WA wants you to understand the special requirements of this necessary auto insurance policy.

This insurance type covers vehicles built 30 years ago or more. Since their owners tend to not use these cars for regular use, the policies to cover them cover limited mileage and other conditions.

• Driving the vehicle: The owner is covered to drive the collectible car to car shows, in parades and other special, limited uses. Policies limit annual mileage to 1,000 to 5,000 miles.
• Storing the vehicle: These policies require the owner to store the classic car in a fully enclosed, locked garage.
• Value of the vehicle: Ask which type of coverage you’re buying. An agreed-value policy pays the full amount on the policy if the car gets totaled, less deductible. A stated value policy interprets the vehicle value at the time of the accident/claim.
• Condition of the vehicle: It is easier to insure a classic car in excellent condition than one in good or poor condition. You can still get insurance while restoring an older vehicle.

Get the classic car coverage your vehicle needs. Call or visit Sound Choice Insurance Agency Inc of Lynnwood, WA to learn more and find the right classic car policy for your vehicle. We can help you obtain the coverage you need.

It’s a beautiful country and the residents of Lynnwood, WA know that more than any other outdoor enthusiast. At Sound Choice Insurance Agency Inc. in  Lynnwood, WA our knowledgeable staff of professional insurance agents will help you understand exactly how to best utilize your motor home insurance policy as the reassuring tool that it is. As you’re taking in the sights of beautiful Washington state and the surrounding areas you do not want to have to consider exactly what you’re covered for in case of a mishap or an accident. Motor Home Insurance is different from auto insurance in that it is protecting your motor home. However, the keyword is "motor". You will be driving this particular home. So, as a result, your motor vehicle record is taken into account including whether you have motor vehicle infractions. There are other factors that are taken into account when evaluating your risk for obtaining motor vehicle motor home insurance as well.  Similar to your auto insurance coverage, a good motor home insurance agent will explain to you how the following factors affect your policy: the storage of the motor home,  your gender, your marital status, your credit score, your driving experience and, your age. 

At Sound Choice Insurance Agency Inc our name speaks for itself. We are what makes sense in protecting you and your family when it comes to insurance. We serve the following states Washington, Alaska, Arizona, California, Colorado, Georgia, Idaho, Michigan, Montana, North Dakota, Nevada, Ohio, Oregon, and South Carolina. In addition to motor home insurance packages, we offer automobile insurance, home insurance, umbrella insurance, restaurant insurance, classic car insurance, renters insurance, condo insurance, flood insurance, business insurance and boat and watercraft insurance.  We are located at 19009 33rd Ave. W. Suite 310 in Lynnwood 98036. If you prefer, call us today at 425–333-8033. 

When you are operating a business, whether small or large in scale, there is always going to be some level of theft occurring. From employee theft to casual shoplifting to large-scale burglaries, your goods and inventory are always at risk. Besides locks, surveillance cameras, and good inventory tools, one of the best ways that you can protect your business against theft is through a comprehensive commercial insurance policy. Commercial insurance protects your company from a wide range of risks you may not be aware of. For those that live in the Lynnwood, WA area, the agents at Sound Choice Insurance Agency Inc. can help you find the right policy to cover any eventuality. 

Not only does commercial insurance protect your actual, physical business, it also helps pay for medical bills in the event that a customer or employee is injured on your property, and it covers the costs of defending yourself against any lawsuits filed against you.  On top of that, a commercial insurance policy also covers you from theft and compensates for items that are stolen. 

It pays to keep a detailed inventory list and receipts. In order for a theft claim to be paid, you must have an inventory list that proves what was in your store, when it was purchased, what value it had, and what was stolen. Additionally, you will need to have some kind of proof, such as surveillance video.  

Commercial policies are designed to help protect you, your company, your assets, and to prevent any major issues that might cause your business to slow down or shut your doors. If you live in the Lynnwood, WA area, the insurance experts at Sound Choice Insurance Agency Inc. can answer all your questions about theft and loss prevention insurance to help you tailor the perfect commercial policy for your needs.  Give us a call today!

If you have a business, then you probably already know that you need commercial insurance. Many people, however, do not realize the terms and conditions may vary from policy to policy. Knowing what is covered is one of the keys to protecting your business from losses. For example, do you know if your commercial insurance covers inventory losses?

Inventory Losses

There can be a number of situations in which you may lose inventory and not all insurance will cover inventory losses, especially if it is perishable goods. This should be taken into consideration when purchasing your insurance. If you have a considerable amount of inventory, or you have products which may be damaged or even spoil, then you may need special coverage or a rider on a policy which helps you customize coverage to prevent gaps. Speak with your insurance agent about the ways you can protect your valuable inventory and create a better policy for your needs. 

Finding A Good Policy

Finding a policy that works for you is easy if you have the right agent and insurance provider backing you. Make sure to do business with a reputable insurance company with knowledgeable agents who will work with you closely to make sure you are protected. Residents of the areas around Lynnwood, WA know that they can rely on Sound Choice Insurance Agency Inc to give them the information they need to make a wise decision when it comes to coverage. 

Always keep adequate coverage for your inventory, especially if you are a growing company. Loss of inventory can cripple a business and lead to disaster. Work with the agents at Sound Choice Insurance Agency Inc in Lynnwood, WA  to ensure you are protected from losses. Call or stop by today to get more information about insurance products to fit your needs. 

If you own a Lynnwood, WA area business, you need to make sure that you avoid common business insurance flaws. We at Sound Choice Insurance Agency Inc have seen these flaws happen far too often, particularly in those who attempt to write their own unique business insurance policies.

Blanket Language Can Be Vague

Insurance language can be confusing to many people and may feel vague to you. For example, you may find a policy or write one that states that your coverage won’t go into effect due to “errors caused by the policyholder” without discussing those errors. As a result, you and your company could have some conflicts if a problem does occur and they think you caused it.

Policy May Not Be Suited for Your Business

While commercial insurance policies are designed to be adaptable to many business needs, they won’t be appropriate for all types of companies. Even if you buy a policy that other companies in your field have purchased, it still might not be quite right for your needs. Make sure you go over all the coverage with your policy provider to ensure you don’t make any serious mistakes.

Cost Assessment May Be Difficult

One flaw that you may find is that you can’t assess your business costs accurately enough for your insurance company. This flaw is huge because it may cause you to overestimate damage and trigger a defensive mechanism from your provider. It may also cause you to underestimate and cost you a lot of money. In some instances, it could even cause insurance policy cancellation.

Getting the Best Commercial Insurance For Your Needs

Protecting your Lynnwood, WA from these insurance errors requires contacting us at Sound Choice Insurance Agency Inc. We will assess your commercial insurance needs and make sure that your policy covers all of the common issues and problems that can derail your coverage.