BUSINESS INSURANCE PRICING — PROPOSAL COMPARISON & DECISION RECORD
https://businessinsurancepricing.com/articles/business-insurance-quote-checklist
Version: September 11, 2026. Educational worksheet; not insurance advice.

Complete one copy per proposal. Keep the proposals and policy forms with it.
Use the same operations, revenue, payroll and requested limits for every provider.
Write UNKNOWN where an answer is missing. A blank is not proof of coverage.

1. IDENTIFY THE PROPOSAL
Business / named insured:
Operations and locations supplied to insurer:
Provider and licensed agent contact:
Proposal reference / version / date:
Coverage period and expiration of offer:

2. TOTAL SCHEDULED PAYMENT COST
Annual premium:                         $
Policy / broker fees not included:       $
Taxes not included:                     $
Installment or finance charges:         $
Other disclosed compulsory charges:     $
TOTAL:                                  $
Add each charge once. A deposit forming part of the premium is not an extra fee.
Keep possible audit adjustments and claim deductibles outside this payment total.
Is the schedule an insurer payment plan or a separate finance agreement?
Does the payment schedule reconcile to the total? If not, request clarification.

3. CHECK COVERAGE EQUIVALENCE
Coverage types and the exposure each addresses:
Per-claim / per-occurrence limits:
Applicable aggregates and sublimits:
Deductibles / retentions:
Defense-cost treatment:
Occurrence or claims-made basis:
Retroactive date / reporting deadlines where relevant:
Exclusions material to our actual operations:
Endorsements and additional-insured requirements:
Valuation / coinsurance / waiting periods where relevant:
Audit basis and applicable classification(s):
Cancellation terms / minimum earned premium:

For each answer record: form number | page | wording | unresolved question.
Do not assume a certificate adds coverage or changes the policy.

4. RECORD THE DECISION
Alternative proposal(s) compared:
Payment difference:
Coverage differences that prevent a like-for-like comparison:
Unpriced or uninsured exposures needing professional advice:
Question sent to provider:
Written answer and date:
Remaining unknowns:
Reason for the selected proposal:
Final application and binding confirmation saved at:

Keep this record privately. Do not send confidential policy or business data to
Business Insurance Pricing. The publisher does not quote, bind or assess coverage.