Tag Archive for: commercial insurance

Top Strategies for Shopping for Business Insurance

Strategies for Shopping for Business Insurance

You know you need business insurance. Use this guide to help you get started.

Your business faces plenty of threats, from fire and fraud to dishonest employees and discontented customers. Yet, many businesses lack coverage in some of the most critical areas. To refrain from putting your company in undue stress and exposure, shopping for the right business insurance is a must.

Here are some easy ways to get started.

Do your homework. Find out what risks your business faces, how much your equipment and machinery totals, and note your total business earnings. The more information that you can provide to your insurance agent, the better. He or she will be able to then determine what coverage you may need as well as suggested limits. For example, if you conduct business primarily online, you may need Cyber Liability Insurance coverage, a coverage that has never crossed your mind. If you work in a particularly sensitive industry, you may need Errors and Omissions Insurance coverage.

Search for insurers. Believe it or not, but no two business insurance policies are created equal. Similarly, different insurers won’t offer the same policy at the same rate. Ask for quotes from at least three different insurers and call them up to get a feel for their assistance and processes. Better yet take to the Internet to research reviews and ratings.

Know what is and is not covered. Your insurer will go through your chosen policy, outlining what coverage you have purchased. While this is important, it’s just as important to know what is not covered. For example, your business insurance may not cover flood or earthquake damage, indicating that you should add these policies.

For the protection that you need, visit Chambers & Company Insurance Brokers today. Our professionals are ready to help you secure reliable commercial insurance for your business, whatever your exposures and industry!

How to Control Your Business Vehicle Risk

Reduce Business Vehicle Risk

Train your drivers how to lower the business vehicle risk while on the roads.

Many businesses across the nation have some sort of vehicle. Whether it’s a single car, van, or entire fleet or trucks, more and more business are going mobile to reach clients and vendors far and wide. When you do own vehicles in your business, it’s easy to purchase commercial auto insurance and be done with it. What you do need to consider, however, is how to minimize business vehicle risk to keep your team and trucks safe on the road.

Write Up Policies and Procedures

When it comes to the safety of your employees and the protection of your vehicles, certain policies should be put into place.

  • Always wear a seatbelt
  • Never drink and drive
  • Refrain from distracted driving
  • Follow company procedures throughout the entire drive
  • Never exceed the maximum speed limit
  • Limit non-business use of vehicles
  • Always lock and secure vehicles when on the job

Perform Motor Vehicle Checks

To ensure that the employees and vehicles are safe throughout their journey, the vehicle should be operating at its best. For this, certain maintenance and check-ups should be completed regularly. From checking the oil, brakes, lights, timing belt, and more, reference the vehicle’s manufacturer guide.

Research Backgrounds Thoroughly

Before hiring on any new members of staff, particularly those who will become drivers, take the time to look into their background. Seek out their references, look at their driving record, and ensure that they have the right training that can support the work fulfillment.

Train Correctly

Employees who regularly drive work vehicles should be provided with sufficient driver training. This course may be a refresher for some, but it should cover key safety practices such as following distances and proper driving techniques.

For the protection you need, visit Chambers & Company Insurance Brokers today. Our professionals are ready to help you secure reliable commercial auto insurance for your business.

The Basics of Directors & Officers Insurance

Basics Directors & Officers Insurance

What you need to know about Directors & Officers Insurance (D&O).

One of the most discussed and least understood insurance products is Directors & Officers Insurance. In short, it is liability insurance that helps to cover defense costs and damages (awards and settlements) arising out of wrongful act allegations and lawsuits brought against an organization’s board of directors and/or officers. Unfortunately, these types of claims have become increasingly common and the higher-up management themselves could be held personally liable, should someone file a claim. To attract and retain qualified executives and board members, it’s important to have this type of insurance.

What can it cover?

Directors and officers are sued for a variety of reasons related to their company roles, including:

  • Breach of fiduciary duty resulting in financial losses
  • Misrepresentation of company assets
  • Misuse of company funds
  • Fraud
  • Failure to comply with workplace laws
  • Theft of intellectual property and poaching of competitor’s customers
  • Lack of corporate governance

Does your business need D&O coverage?

It’s a common misconception that D&O claims are mostly a public business phenomenon. Public, private, and non-profit companies all face D&O litigation risks, so it’s important to safeguard yours no matter what.

Directors & Officers Insurance is right for:

  • Financial institutions
  • Nonprofit organizations
  • Private companies
  • Public companies

Lawsuits are all too common these days. Fortunately, safeguarding your company has never been easier! At Chambers & Company Insurance Brokers, we work with you to understand your risks, exposures, and insurance protection. Visit our team today to get started on securing your policy!

How to Improve Transparency in Business


Adopting and improving transparency in business is helping companies to succeed.

Transparency in business is all the rage these days. It’s all about being open and accountable for your business operations. In today’s society, where employees and customers are expecting more, improving the transparency in your business is not a bad route to follow. In fact, it can actually improve sales, make employees happier at work, and improve the health of your business’s future.

Here are some tips to get you started.

Treat your employees like adults.

Employees aren’t fragile. If you have something to say to them, just say it. Don’t attempt to sugarcoat bad news or beat around the bush – they will know that you’re trying to spare them. Deliver it honestly, and work with them to find a mutual conclusion. Your workforce will appreciate your honesty and openness in the long run.

Don’t fake it.

It’s illogical to expect someone to have the perfect answer in every situation. Sometimes it makes more sense to take a step back and allow another professional to handle the question or situation. People often know when someone is telling the half-truth or fibbing completely, so it’s worth sticking to what you know instead of faking your skills.

Explain your decision.

Whether it’s good or bad news, keep your employees in the loop. Explain to them why you’ve made certain decisions and what you expect out of them moving forward. Be honest, and your employees will understand your motive with clarity.

Respond to clients.

When a customer has a question or concern, aim to address it promptly. No one likes to wait around for days for a company to respond. The better your rapport with the clients, the more likely he or she will be to rate you highly.

As a business owner, not only should you work to improve the transparency of your business, but also to protect it. When you need help finding the right business insurance cover for your needs, visit Chambers & Company Insurance Brokers today to get started!

Three Exposures That Increase Small Business’ Liability


Small business’ liability can create further risk.

Small business owners are aware of the risks that they take when starting out a business. While many just protect with a bare-bones insurance policy, others are unaware of the liability risks that they face. Certain exposures can increase small business’ liability. To reduce risky behavior at your workplace, here are certain liabilities you should work on avoiding.

Exposure: Taking on unfamiliar tasks

Small business owners wear many hats – boss, HR professional, accountant, social media manager, and more. You’re at the helm of your business, but are you really qualified to handle every task? It’s likely that you’re not. Small business owners who complete tasks on which they are wholly unsuited for could risk being sued for negligence, malpractice, and the sort. Take control of your business and delegate tasks that are outside your realm of knowledge and expertise.

Exposure: Hiring and firing without knowing the rules

Every business understands that the employees are the living, breathing workforce that drives a company forward. Hiring and firing without first learning the rules and regulations is a recipe for disaster. Seek out proper advice and legal help before you hire and fire at will. Your business must comply with the federal Equal Employment Opportunity laws, among other essential rules in your area.

Exposure: Not carrying insurance

Whether you’re a new business or you’ve been established for years, you probably need small business insurance of some kind. Talk to your insurance agent to determine the right General Liability Insurance, Workers’ Compensation Insurance, Errors & Omissions Insurance, and Cyber Liability Insurance, among others, that you may need. Even more so, it’s important that you understand the insurance that you buy. Not knowing your coverage and limits could mean that you’re faced with insufficient help down the road.

For the protection that your business needs, visit Chambers & Company Insurance Brokers today. Our professionals are ready to help you secure reliable commercial insurance for your construction project.

Tips to Control Construction Risk Management

Construction Risk Management

Improve construction risk management with these tips.

Construction businesses work hard to keep everything running smoothly and seamlessly. From timing to the materials to safety, there is a lot to consider. Construction, in general, is a high-risk industry that needs careful planning and deliverance. Hazards are all around construction sites, and it’s best to learn how to control construction risk management from start to end.

Despite your best efforts, sometimes you can end up the target of a construction defect claim. When something goes wrong, understanding what happened and why it happened can make or break your business.

To best manage construction defect risks, use these defenses:

Know your codes – Keep up to date with current regulations and standards, including building codes, industry advisories, and the best practices.

Understand the products you use – Follow manufacturer guidelines and study product warranties and expiry dates. Always know the limitations of every material and system, and do not risk it if you can help it.

Choose the right subcontractors – Pre-qualify subcontractors to help ensure each has the proper credentials, experience, and skills to deliver the high standard of work that you aim to produce.

Transfer risk if necessary – Always rely on your legal counsel and risk advisors to help ensure that contracts protect you against errors and limit your obligations.

Document and record everything – Build a solid record of every step in the construction process to help defend against claims of poor quality of craft. Always back up these documents digitally and store them somewhere safe.

For the protection that you need, visit Chambers & Company Insurance Brokers today. Our professionals are ready to help you secure reliable commercial insurance for your construction project.

Top Ways to Prevent Slips and Falls This Winter in Your Office

Prevent Slips and Falls

Tis the season to slip and fall, filing a sizeable insurance claim.

Slips, trips, and falls have the potential to be a major cause of injury to people on your premises. As businesses face the liability to uphold safe environments, if your business fails to do so, you could face financial and company strain. The best way for a company to stay safe is to prevent slips and falls this winter.

Over 25,000 slip and fall accidents occur daily within the US, causing the number of hospital visits, bills, and lawsuits to skyrocket. With a business that can be held liable, it’s important to understand where on your premises the greatest potential for danger lies.

Slipping, tripping, or falling can result from slippery surfaces, broken surfaces, uneven walking paths, poorly lit walkways, cables on the floor, ice, water, mud, or wet surfaces.

To protect your business and to ensure that your employees and visitors don’t fall head over heel (literally), use these tips:

  • Do a physical walkthrough of your property daily to inspect paths and surfaces.
  • Design your entrances and walkways to accommodate the expected volume of foot traffic through your business.
  • Light all walkways well.
  • Maintain clean surfaces at all times. Remove any debris or hazards that may be in the way.
  • Provide slip-resistant floor treatments, especially in areas proven to be wet.
  • Place “wet floor” signs to warn the public of the hazard.
  • Ensure entry areas are properly maintained and that mats are secured.
  • Promptly investigate incidents. Document findings should an injury occur.

If someone does end up falling on your property, be sure to document all details, record all victims and witnesses accounts, and report to your insurance agency should charges be pressed.

Does your business have the protection that it needs to protect your finances, business, and visitors? Visit Chambers & Company Insurance Brokers in California to secure your needed commercial insurance.

5 Effect Ways to Recognize Your Employees

Recognize Your Employees

Boost morale and productivity by implementing ways on how to recognize your employees.

Your employees are far more likely to stay with your company if they’re happy, satisfied, and valued. In turn, appreciating employees for stellar work is vital to maintaining morale and boosting productivity. If you want to make the most out of your team, you should start to recognize your employees!

To employees, a nice salary, enjoyable jobs, and plenty of benefits create an attractive offer. However, no member of staff will stick around at a job where they feel undervalued or unappreciated.

Putting some thought into employee gratitude is well worth the effort! Here are some tips to get you started:

Be sincere. There is no better way to inspire employees than by offering your genuine gratitude for their efforts and hard work. Note that your attempts at employee recognition will fail if an employee doesn’t consider your communication heartfelt.

Recognize achievers. One of the best ways to recognize employees is to spread the word about noteworthy individuals and team accomplishments. Giving credit where credit is due will help to communicate to your staff that you appreciate them.

Support employee goals. If your company can, offer to pay a portion of an employee’s education costs or organize training and development opportunities for the staff.

Be flexible. If it works for your business, consider allowing trusted employees to work more flexible schedules that better coincide with their personal schedule. Flextime and telecommuting can be among the best employee benefits with the lowest cost for employers!

Treat them now and again. Recognition doesn’t have to be about picking out only one-star employee. Maybe everyone on the team pitched in to land an important client or meet a big deadline? Consider taking the whole team out for lunch or giving them half a day off!

Employers, implement these tips today to recognize your employees, boost morale, and improve productivity. So that you can focus on your team, contact the professionals at Chambers & Company Insurance Brokers to secure the right commercial insurance policies for your business today.

Stand Up to Breast Cancer This Month

Breast Cancer Awareness Month

October is National Breast Cancer Awareness Month.

For more than two decades, October has been the designated focal point of all things breast cancer related. This month focuses on raising awareness for women to get screened for early detection, diagnosis, and treatment, along with emphasizing support for those who are living survivors. How will you be partaking in Breast Cancer Awareness Month?


One in eight women will face breast cancer in her lifetime. Medical screenings are designed to detect the early stages of cancer, which can go a long way for successful treatments and early action.

Women are encouraged to perform breast self-exams once a month to detect any changes, whereas clinical breast exams are suggested every three years for women in their 20s and 30s, and every year for women over 40. Similarly, women over 40 should be receiving mammograms annually, where digital technology can detect tumorous cells before they can be felt. This October, set up an early detection plan and encourage your friends and family to do the same!


Living a healthy lifestyle can go a long way in preventing breast cancer. Although there is no combination of methods that ensures a breast cancer-free life, there are steps that you can take to promote healthy living, possibly preventing the disease.

Tips include eating a well-balanced diet, exercising regularly, maintaining a healthy weight, minimizing alcohol consumption, refraining from smoking, performing self-breast exams, and reporting for all recommended mammograms and exams. It really is that easy!


Men, fear not – you can get involved, too! Create a fundraiser or partake in a local event to raise money and awareness for other women. Stuck on how to get started? You can host an event, an online fundraiser, race, or become a brand ambassador! Check out advice on fundraising.

You can do your part for October’s Awareness Month by alerting others of the tips, booking your screening, and taking care of your health. For a health care plan, visit the professionals at Chambers & Company Insurance Brokers. We provide personal and commercial insurance to suit your needs, assets, and budget!

Your Company Needs These Small Business Insurance Coverages

Small Business Insurance

Does your small business insurance meet your company’s needs?

Anything from a boutique retail store to a start-up marketing company are small businesses that have unique services and needs. For this reason, they need specific insurance policies to protect them. After all, you’ve worked hard to build up your company from scratch and raise it into the small (but mighty) business that it is – That’s why you need small business insurance.

While every business will have different risks, there are some common insurance policies that just about every company must consider.

General Liability Insurance
Should a client be injured on your property and slap you with a lawsuit, General Liability Insurance would step in to cover the costs of legal representation and associated costs with being sued.

Property Coverage
More often than not, you’ll conduct your business from a building. With property coverage, it’s certain that your damaged building is repaired or rebuilt quickly so that you avoid losing income and preserve both the equity and your financial future.

Workers’ Compensation
Even a business with one employee is required to have workers’ compensation, which covers the liability risks if an individual is injured while on the job. Check out what your business needs to know about workers’ compensation.

Commercial Flood Insurance
Damage caused from floods are not typically covered under a property insurance policy. In turn, business owners need to take out Commercial Flood Insurance to protect the property. As no building is safe from flooding, this policy is essential for every location.

Cyber Liability Insurance
As technology advances, so do hackers. With more and more companies storing data and important information online, the event of a breach grows likely. Cyber Liability insurance is there to protect your business from viruses, leaching sensitive information, hackers, downtime for repairs, and the reputation.

One thing that your company shouldn’t have to worry about is reliable coverage. Contact the industry experts located in Camarillo – Chambers & Company Insurance Brokers – for all of your business insurance needs.