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Will Insurance Costs Decrease or Increase as My Company Grows?

Posted by: Rod Kurtz on October 31, 2007

As a general rule of thumb, businesses become more attractive to insurers as they grow. Increased revenues and payrolls mean more risk, but they also mean a more statistically credible base on which insurance companies can estimate claims. The more employees you cover for health insurance, for example, the more predictable your losses become, and the easier it is to spread your risk.

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