What Does Business Insurance Alameda Cover?
Business Insurance California provides different types of Small Business Insurance policies. It provides adjustable coverages so you can easily customize them based on your business needs. Moreover, different insurance providers commonly offer packages that combine policies together. Such packages are often cheaper than purchasing the policies individually. Business Insurance Sacramento created this simple list containing the most common types of policies that you should purchase.
- Reputational Harms
- Commercial Vehicles
- Physical Injuries
- Property Damages
Is Business Insurance Required by Law?
In actuality, you’re not legally required to purchase all the policies of Business Insurance. In California, the law only requires businesses to have Workers’ Compensation Insurance and Commercial Auto Insurance. As a matter of fact, most businesses do not have the financial capacity to survive a large liability claim. The damages from risks can be severe because no one knows when troubles come until they arise. Thus, even though the state law only requires Workers’ Comp and Commercial Auto, it is still important to acquire other business insurance policies to protect your business from specific risks.