Trucking & Workers Comp
Insurance

Save up to 12% upfront and 8% overtime as we help you to make your company more favorable to insure.

Rahul Gill
Agent

The GillKor Team

Harveen Kaur
Agent

Why Your Insurance Premiums are Too High

Insurance underwriters look at the overall health of your business when determining your insurance premiums. 

Unfortunately, many business owners are unaware of the impact that their operations have on their insurance costs. 

Poor safety protocols, lack of maintenance programs, and insufficient training can all contribute to a higher risk profile, which means higher insurance premiums.

At GillKor, we understand the challenges that businesses face when it comes to insurance. That’s why we offer more than just insurance coverage. 

We work with you to implement best practices that will make your business more favorable to insure, which can save you up to 8% on your insurance premiums. 

With our expertise, you’ll be able to run a safer, more efficient business, and enjoy lower insurance costs.

See Your Business from the Eyes of an Insurance Underwriter

Here are some factors insurance underwriters may consider:

Business Size and Revenue: The size of your business and your revenue can affect your insurance premiums. Larger businesses with higher revenue are often considered to be a lower risk and may receive lower insurance premiums.

Industry and Business Type: The type of business you operate and the industry you’re in can also affect your insurance premiums. Certain industries are considered to be higher risk and may therefore result in higher insurance premiums.

Claims History: Your claims history is an important factor that insurance underwriters will consider. A history of frequent or high-cost claims can indicate a higher risk and may result in higher insurance premiums.

Safety Programs and Protocols: Insurance underwriters may consider the presence and effectiveness of safety programs and protocols when determining insurance premiums. A well-implemented safety program can demonstrate a commitment to safety and may result in lower insurance premiums.

Employee Training and Education: Insurance underwriters may also consider employee training and education when determining insurance premiums. A well-trained workforce can reduce the risk of accidents and injuries, which can lower insurance premiums.

Maintenance and Upkeep: Insurance underwriters may consider the condition and maintenance of your vehicles, equipment, and facilities when determining insurance premiums. Regular maintenance and upkeep can reduce the risk of accidents and damage, which can lower insurance premiums.

Financial Stability: Insurance underwriters may consider a business’s financial stability when determining insurance premiums. A business that is financially stable is considered to be a lower risk and may receive lower insurance premiums.

Regulatory Compliance: Insurance underwriters may consider a business’s compliance with relevant regulations and laws when determining insurance premiums. A business that is in compliance with regulations is considered to be a lower risk and may receive lower insurance premiums.

Business Location: The location of a business can also affect insurance premiums. Businesses in areas with high crime rates, natural disasters, or other risks may receive higher insurance premiums.

Driving Records: For trucking insurance, insurance underwriters may consider the driving records of the business’s drivers. Drivers with a history of accidents, traffic violations, or other incidents may be considered a higher risk and result in higher insurance premiums.

Vehicle Safety Features: For trucking insurance, insurance underwriters may also consider the safety features of the vehicles being insured. Vehicles with advanced safety features such as anti-lock brakes, airbags, and electronic stability control may receive lower insurance premiums.

Insurance History: Insurance underwriters may consider a business’s prior insurance history when determining insurance premiums. A business with a history of lapsed insurance or frequent changes in insurance providers may be considered a higher risk and receive higher insurance premiums.

The Solution to High Insurance Premiums: GillKor

At GillKor, we understand the challenges that businesses face when it comes to insurance. 

That’s why we offer more than just insurance coverage. Our team of experts will work with you to evaluate your business and identify areas where you can improve your risk profile. 

We’ll show you step-by-step how to implement best practices that will make your business more favorable to insure, which can save you up to 8% on your insurance premiums.

With GillKor, you’ll get the insurance coverage you need at a price you can afford. Our insurance solutions are designed specifically for businesses in California, so you can be sure you’re getting the coverage you need at a competitive price.

In addition to insurance coverage, GillKor also offers regular articles and resources on business improvement. Our goal is to help you run a safer, more efficient business that is more favorable to insure. With GillKor, you’ll get the support you need to protect your business and improve your bottom line.