Your business deserves the liability protection to keep it safe!
Any business, large or small, is most likely forward thinking about the future and their successes. Despite the huge potential for a business, owners should be smart in protecting their company. This includes protecting it from legal headaches, financial strain, and reputation damage. In short, securing business liability insurance is a concrete way to protect your company!
Business liability insurance protects your business in the event of a lawsuit for personal injury or property damages. It will usually cover the damages from a lawsuit along with the legal costs, whether or not the case is won or lost.
Types of Business Liability Insurance
General Liability Insurance: This provides coverage to protect your business from injury claims, property damages, and advertising claims. Also known as Commercial General Liability (CGL).
Professional Liability Insurance: Businesses that provide services will need to consider having this coverage to protect from errors, malpractice, negligence, omissions. Depending on your profession, it may be a legal requirement to carry such a policy. Doctors and those in the tech industry are likely to need this coverage.
Product Liability Insurance: Small businesses selling or manufacturing products should be protected in the event of a person becoming injured as a result of using the product. The amount of coverage and the level of risk depends on your business type. A retailer of scrapbook supplies will have far fewer risks than a wood stove builder.
Are you ready to secure your business with liability insurance in California? Contact Chambers & Company Insurance Brokers. Our expert California agents know the risks of each business, and can take steps to safeguard your company.