Costco and Safeco are offering business insurance to businesses that are Costco members, effective May 2008.
According to information on Costco’s Web site, Costco business members may secure up to a 10 percent discount on business insurance, including property, liability and business auto coverage, through Safeco or a Safeco subsidiary.
Workers’ compensation insurance is also available.
A link on the Costco Web site takes members to a Safeco Web page where the insurance may be purchased. The program currently is being tested in Michigan, New Mexico and Texas.
Source: Costco, www.costco.com; Safeco Insurance,
www.safeco.com/costco/default.aspx
Topics Mergers & Acquisitions Commercial Lines Business Insurance
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