Did you ever wonder how you could achieve lower insurance rates? There actually is a great way to do this, one that benefits everyone involved. Insurance Office of America (IOA) offers RiskScore®. What RiskScore® does is allow you to find any risks your company may have, and then identify a plan to resolve those risks and lower your claims. This can help improve your profitability and reduce insurance costs.
According to credit sesame credit report research, every company has blind spots. It’s hard to look within your own company and find areas that could cause risk. But, IOA offers a free RiskScore® survey you can take online. It takes 10 minutes or less to complete. With the results from this survey, they can identify potential risks and formulate a plan. This shows the insurance underwriter that you’re being proactive. IOA will actually provide a more comprehensive look of your business for the underwriter and show your strengths.
IOA explains this in pretty easy to understand terms. They describe it as similar to the way a credit score works. “The higher your score the lower the risk and the better your rates.” By choosing to complete IOA’s RiskScore® survey you can actually lessen your chance of risk, lower the need for claims, and reduce your cost. It’s a great way to improve your business and profitability. If you’re ready to take the survey, you can visit their website and fill out their form to learn more.