All businesses, multinational or not, should have some type of protection against risks of all shapes and sizes. Whether you have just opened shop or been in business for years, you need to keep your operations and employees safe by taking out business insurance.
Business insurance allows you to rest easy when the going gets tough. It means that you get to keep your sanity and savings intact when the unexpected (e.g., natural disasters, lawsuits, other worst-case scenarios like cyberattacks) happens.
Face Risks Head-On with California Business Insurance
Your California firm may or may not be exposed to more risks compared to other firms. Whatever your business scenario is and whichever industry you belong to, you must consider sufficient coverage so your business will have a bigger chance of survival if a disaster occurs.
California state laws mandate businesses to carry workers’ compensation insurance and commercial auto insurance.
Workers’ compensation insurance
If you have part-time or full-time workers in your company, you should purchase this policy. It reimburses the medical costs of any work-related illnesses or injuries and partial missed wages.
Commercial auto insurance
All vehicles you use for business purposes must be insured. This policy takes care of property damage and injuries in a collision, theft, weather damage, and vandalism.
While there is no one-size-fits-all business insurance solution, it would be wise if you consider adding any of the following coverage for better protection:
General liability insurance
This provides cover for common perils that include libel or slander lawsuits, customer injuries, and damaged customer property.
Business owners policy (BOP)
This combines two policies in one package: commercial property insurance and general liability insurance. BOP pays for your damaged business property, customer property, customer injuries, and product-related claims.
Cyber liability insurance
Cyberattacks and data breaches are among a list of biggest threats to businesses. This coverage helps your company weather any of these dangers by providing compensation for legal proceedings, fraud monitoring, and other related costs.
Professional liability insurance
This policy is designed for businesses offering professional services. It pays for professional negligence claims.
Hired and non-owned auto insurance
Personal vehicles used for your business in should be covered by this policy. You can add it to your BOP or general liability insurance.
Get a Customized Policy for Your Type of Business
In search of the right policy or planning to upgrade your current policy, particularly in the areas of San Ramon, Danville, Pleasanton, and Dublin? We can assist you with this. Contact 925-866-1444 and let’s talk.