2020 Small Business Risk Report

Hanover Small Commercial

2020 is a year like no other. Independent agents play a critical role supporting small businesses as they re-open, rebuild and regain momentum in the marketplace. That’s why The Hanover is pleased to provide our 2020 Small Business Risk Report.

Developed in partnership with Forbes Insights, this report reveals the major themes, sentiments and feedback of small business owners as it relates to their insurance protection. The results show that small business owners are:

  • Taking more interest than ever in their business insurance policies
  • Recognizing that the quality of coverage is more important than price
  • Turning to the expertise of an independent agent to make more informed purchase decisions

In a time of great change, this report is relevant and informative, highlighting new opportunities for agents to better support and advise their small business clients.

 

79%

of small business owners consider proper coverage more important than price