Small business insurance is necessary as there are risks associated with running a business with employees, customers, and partners. Companies are liable for damages and injuries when found at fault, and without adequate coverage, it can leave your business devastated.
Insurance laws vary state-to-state in regards to small businesses. If you have a small business in California, there is a minimum amount of insurance that you need for your business to operate within the law. General liability insurance for small businesses is a recommendation. However, most commercial leases require that business owners carry this type of insurance.
Our experienced agents at Rate Crushers Insurance Brokers in Oakland, CA can help you get the right plans to suit your specific needs for your business.
Types of Required Small Business Insurance
Many different types of insurance are extras to be considered, such as cyber liability and error and omissions insurance. Still, only some are basic requirements that must be met in the state of California. Workers’ compensation insurance is one. If a business has any employees, this insurance is required to help with injuries, medical bills, and claims that may arise with employees. Another type is commercial auto. This is necessary to cover company vehicles in case there are accidents or issues. General liability is recommended and required by most commercial leaseholders.
A Company That Looks Out For You
Give us a call at Rate Crushers Insurance Brokers in Oakland, CA. We have experience getting our customers covered with reliable insurance options. Understanding the ins and outs of small business insurance is one of our specialties and can take the guesswork out of the equation for you. Our representatives work directly with you and understand your personal needs. Make an appointment today to discuss your insurance options for your small business in California.