Business Owner’s Insurance Policy in California

Running a small business involves a significant investment in time and money. Business owners insurance protects your investment by minimizing financial risks associated with unexpected events such as a death of a partner, an injured employee, a lawsuit, or a natural disaster. Unless you are an employer, business insurance is generally not required by law, however, it is common practice to purchase enough insurance to cover your assets. If your business is an LLC or a corporation, your personal assets are protected from business liabilities; however, neither business structure is a substitute for liability insurance, which covers your business from losses.

A business owners insurance policy will combine property, liability and business interruption coverage all in one easy policy for small to medium-sized businesses. By packaging these coverages together, you will generally see a discount in your premium.

Business owners insurance can offer you complete coverage for your medium to small businesses. This is best suited for companies with less than 100 employees and less than $5 million in revenue. A business owners policy, also known as BOP insurance, combines several types of insurance together into one cost-savings package. With completely customizable coverage options, we can fit the package to your specific needs.

With a business owners policy, your small business can get property insurance, liability insurance, and additional protection all in one place. Small business owners insurance coverage will protect you from:

• Property claims
• Equipment breakdown
• Income loss
• Professional liability claims
• Products and completed operations claims
• Fire legal liability claims
• Premises liability claims

Supplemental coverages are also available. Call a Beach Break Insurance Agency agent to discuss specifics of your business.