With 2018 fast approaching, it’s time for California business owners to start thinking about what types of insurance they should have in the coming year. The following is a list of the top types of 2018 insurance we recommend for any type of business in California:
Make Sure Your Business Has These Types of Insurance
1. Commercial Property Insurance
Commercial property insurance covers your building or contents if your business is damaged or if theft occurs. This policy can replace your business products and possessions in the event of a loss. This policy can also pay for the lost income caused by your business being closed from a covered loss.
2. Commercial Auto Insurance
Just as individuals insure their private vehicles, businesses need to do the same. Commercial auto insurance protects your vehicle and liability when it is used for business.
3. General Liability Insurance
If someone were to be injured on your property, or because of your property (for example, if a client or customer slipped on ice outside your place of business), they could possibly sue your company for negligence. General liability insurance protects your business against these types of lawsuits.
4. Workers’ Compensation Insurance
If you have any employees, you’re required to have workers’ compensation insurance. This insurance plan covers your employees in the event that one of them gets hurt while on the job. In most states, including California, workers’ comp insurance is mandatory.
5. Professional Liability Insurance
This type of insurance is known as Malpractice and E&O, or errors and omissions, insurance. It covers your business in the event that a negligence claim is made against you for failure to perform or a mistake in your business practice. Naturally, your business will have its own concerns in this arena, so Brashears Insurance will work with you to get you the coverage you need.
Who Should You Go With for 2018 Insurance?
When it comes to deciding on an insurance company to go with for your 2018 insurance policies, the decision can certainly be difficult. However, one thing is for sure: you should always go with one single insurance provider for all of your insurance instead of choosing individual policies from different insurance companies.
Why? The answer is bundling. The best insurance companies will offer comprehensive plans for businesses that incorporates all of the essential types of insurance. That’s what we do at Brashears Insurance when we take our trademark “synchronized” approach to providing insurance for local businesses. We know that “one size doesn’t fit all” for your business, which is why we ask the key questions that other agencies routinely miss.
Your business means the world to you. Let us help you protect it. Contact us today to find plans for all of the above types of insurance. One of our experienced and skilled agents would be glad to sit down with you and discuss your options.