Tag Archive for: Business Insurance in Camarillo CA

Is Your Business Insurance Keeping Up with Your Needs?

Business Insurance in Camarillo CA

Make sure that your business is insured for growth.

As a business owner, you’re no stranger to hard work. You’ve invested a lot to get your business up and running, and now that it’s taking off, it’s the time to kick back. You’ve put in time and money in order to grow your operation to what it is today. All the more reason to make sure it’s protected with the right business insurance.

When your business grows, your insurance needs change. The original package that you put in place when you first started may not cover everything in your business today. There is nothing worse than growing your business, seeing great success, and having one incident cause financial crisis by being underinsured, or, worse, having no coverage at all.

While you should be reviewing your business insurance policy annually, here’s when you also need to go back to the drawing board to check you’re covered!

Launching a New Product or Service
Developing new offerings may affect the type and amount of coverage that your company needs. You may need more liability insurance if you open a retail location, begin allowing employees to work off-site, or add contractors to your staff. If you grow your staff or the amount of data your company manages, you’ll need additional protection for property damage, theft, and data breaches!

Buying Commercial Property
Moving from a leased space to a company-owned facility may change the amount or type of property insurance your company needs. You’ll be responsible for signage, roofing, and contents of the building, as well as the increased amount of inventory and furniture in the larger space.

Changing Your Company Vehicles
Adding vehicles or expanding the way that they are used can affect your insurance needs. If more employees are using company cars and trucks, or if they’re driving more miles, your company’s risk increases. You may decide to increase your liability limits as well as ensuring that your employee drivers are fully protected.

The rewards of growing a business are why you do it. Don’t risk it all by not evaluating your risk exposure along the way. Be sure to safeguard your business by contacting the professionals at Chambers & Company Insurance Brokers, serving you with reliable business insurance!

How Business Insurance in Camarillo, CA Can Protect Your Bottom Line

Business Insurance in Camarillo CAThreats to business security is on the rise, so be sure to secure your business insurance in Camarillo, CA.

The director of the FBI, Robert Mueller, has stated that cyber attacks are quickly becoming the nation’s number one threat. With this information in hand (our source is the head of the FBI, after all!), businesses should be implementing strict and severe strategies for their cyber security to stay, well, secure!

Protecting your company’s data is imperative! In order to begin development of a cyber security plan, you must understand the Internet threats and how protecting your business from those threats directly affects your bottom-line. Check out the top five threats (and how to prevent them!):

  1. Malicious Code: Disastrous to each company who has an online presence and code generators.
    Prevent: Install and use anti-virus programs, anti-spyware programs, and firewalls on all computers.
  2. Stolen Laptops/Devices: Each company computer stores a plethora of sensitive information.
    Prevent: Always protect your customers’ data when transporting it anywhere on a portable device by encrypting all data that resides in it.
  3. Phishing: Spam and phishing emails can download bugs onto devices as well as allowing hackers to directly enter all files.
    Prevent: Instruct all employees to contact their manager on every suspicious-looking email. Train them to spot these emails before ever opening them.
  4. Unsecured Wireless Internet Networks: ‘Free’ Wi-Fi is secured by the lowest form of encryption, allowing people to access your files and passwords.
    Prevent: When setting up a wireless network, make sure the default password is changed and encrypt your wireless network. In addition, never use the ‘free’ Wi-Fi around coffee shops and malls.
  5. Disgruntled Employee Threat: A bitter, former employee could lash out at your company by releasing sensitive information, as well as changing passwords, and deleting critical information.
    Prevent: Divide critical functions and responsibilities among employees within the organization, limiting the likelihood of one employee shutting down the whole company. Each time a member of staff leaves, on good or bad terms, change all passwords and passcodes.

To prevent the possibility of your company’s bottom life suffering, be sure to put these prevention tips into place. In addition, safeguard your business, should it fall victim to such attacks with reliable Cyber Liability Insurance. Contact Chambers & Company Insurance Brokers, serving Camarillo and neighboring cities with reliable business insurance!