Business Insurance
Empowering Your Business Protection, Fueling Your Path to Success
WHAT IS BUSINESS INSURANCE?
Essential Protection for Every Business Size: Safeguard Your Livelihood with Comprehensive Insurance Coverage. From Property Damage to Liability Risks, Ensure Stability and Peace of Mind to Operate Confidently. Choose Tailored Policies for Your Unique Needs. Don’t Risk It – Protect Your Business Today!
WORKERS COMPENSATION
Your employees are the backbone of your business, and their well-being is paramount. Workers’ compensation insurance, also known as ‘workers’ comp,’ is designed to provide essential support in the event of workplace injuries. This mandatory coverage, required in California and most states, offers both medical and financial assistance to employees injured on the job. It not only protects the interests of employees by covering medical expenses and lost income but also shields employers from potential financial liabilities. Additionally, workers’ comp can help mitigate the risk of lawsuits stemming from workplace accidents. By prioritizing the welfare of your workers through workers’ comp insurance, you’re ensuring a safer and more secure work environment for everyone involved.
GENERAL LIABILITY
General liability insurance is your business’s shield against unexpected lawsuits. It covers legal costs and damages if your business is sued for bodily injury, property damage, or personal injury to a third party. Essential for businesses of all sizes and industries, it protects against scenarios like slip-and-fall accidents or service-related injuries. Without this coverage, you could face significant financial strain from legal fees and settlements, potentially jeopardizing your company’s future. With general liability insurance, you can operate with confidence, knowing your business is protected from the unforeseen costs of litigation.
Secure Your Future Now - Get Insured!
Drive with Confidence! Insure your trucking business with Insurabrite, your trusted partner for comprehensive coverage. Get a quote today and protect your assets on the road.
INLAND MARINE
Inland marine insurance offers specialized protection for businesses with mobile assets and property in transit. Ideal for contractors, manufacturers, and distributors, it safeguards equipment, tools, and materials from risks like theft and damage during transport or temporary relocation. With customizable coverage tailored to specific needs, this insurance ensures uninterrupted operations and peace of mind for businesses on the move. Originally designed for ocean cargo, inland marine has evolved to meet the needs of companies with non-stationary assets, providing quick reimbursement for stolen or damaged property. Protect your livelihood with the right inland marine policy.
BUSINESS OWNER’S (BOP)
A Business Owners Policy (BOP) streamlines essential protections for small businesses by combining property, liability, and business interruption coverage into one comprehensive package. With a single, cost-effective BOP, small companies gain comprehensive protection against potential losses from property damage, customer injuries, and income interruption due to covered events like fires or storms. This all-in-one solution simplifies insurance procurement and offers peace of mind, especially for small firms with limited resources. By consolidating coverage, a BOP ensures small businesses can operate securely without the hassle or expense of securing multiple policies. With a BOP in place, businesses can confidently navigate challenges and protect their assets, ensuring continued stability and success.
FREQUENTLY ASKED QUESTIONS
As a business owner, why do I need General Liability insurance?
General Liability insurance protects your assets in the event of a lawsuit; it provides coverage for your premises/operations and products.
As an employer, what happens if I don’t have Workers Comp?
As an employer, not having Workers Comp will make you subject to fines, the closure of your operations and other consequences. See the CA Department of Internal Relations for additional information.
I have a personal auto policy, why would I need a Commercial Auto policy?
Your personal policy may exclude business operations; some vehicles, such as heavy trucks, may not be able to be added to personal policies.
What is Hired and Non-owned Auto Liability insurance?
“Hired Auto” is liability coverage for rented/leased (short term) vehicles. Employer’s “Non-Owned Auto” protects your company’s financial interests when an employee using their own vehicle is involved in an accident while using his/her vehicle for company business.
What does a Business Owners policy (BOP) cover?
A BOP, or Business Owners Policy, primarily insures for liability and property, but other coverages are usually included at minimal or no additional charge. These can include business income with extra expense, equipment/mechanical breakdown, employee dishonesty, sewer and drain back up. These vary by company.
What are Loss Runs and how do I get them?
Loss Runs or Loss History is a history of claims for all your previous policies. They are available from your insurance agent or directly from the insurance company.
What are certificates of insurance and why are they such a big deal?
Certificates prove to another party that you are insured. It provides proof of insurance to customers and contractors.
What is an Additional Insured?
An Additional Insured is an individual or organization that has the benefit of being insured by a policy in addition to the “named insured.”
What is “primary and non-contributory?”
Primary and non-contributory means that your insurance provides first coverage for the additional insured; the other party’s insurance does not contribute to your insurance coverage for them.
What is a “waiver of subrogation?”
A Waiver of Subrogation endorsement means that your insurance company cannot go back to the additional insured to recover any payments from a loss where they have paid on the additional insured’s behalf.
WHY CHOOSE THE Insurabrite
For five decades, Insurabrite has proudly led the commercial lines insurance sector in California. Our reputation for exceptional customer service and unwavering commitment is unmatched. With extensive partnerships across various carriers, we negotiate competitive rates for our clients. Our direct appointments with insurance companies enable us to provide swift, efficient service without compromising quality. Trust Insurabrite for unparalleled insurance solutions tailored to your business needs.