| The 2020 Small Business Risk Report, released by The Hanover Insurance Group, gave insight on just how much small business owners rely on independent agents. 72% of small businesses stated that advice from independent insurance agents was vital in their decision making. This is a 12% increase from the survey done in 2018.
Small businesses deal with more risks than they can count, and the guidance from an insurance professional is valued a ton. 79% of business owners also say that the proper coverage is a higher priority than the price. Even if they have to pay more, the level of protection and peace of mind they can have makes up for it. These small business owners recognize that a great business can have grave consequences if not properly covered. Independent agents everywhere are doing a great job of setting up these small business owners with the right protction and offering insights that they may not already have in mind. Keep up the good work!
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