If you own a business in California, you need at least the minimum amount of commercial insurance coverage required by law. However, it’s generally better to get more insurance than required to give your business as much protection as possible. If you need commercial insurance, call us at Dynamic General Insurance Services in Cathedral City, CA to talk about your insurance needs.
Workers’ Compensation Insurance
In California, every business with any number of employees at all, even just one, should have workers’ compensation coverage. This type of insurance pays for the needed medical bills when an employee is injured on the job or gets sick there. Even if your employee(s) are part-time, you have to have this insurance in place.
Commercial Auto Insurance
Like workers’ compensation, this type of insurance is required by the state. Any vehicle that your business owns has to be covered by this insurance. There are mandatory minimum amounts for various liability, including property damage, bodily injury, death per accident, bodily injury, or death per accident.
If the company does not own your car, but you or your employees often use it for work purposes, it can’t get a commercial auto policy, and a personal policy likely won’t pay for accidents. Instead, you need an auto policy called hired and non-owned coverage.
Business Owner’s Policy
This type of insurance is available to business owners, and it covers a wide range of accidents, damage, and liability. It is not required by law, but many business owners get it to protect their businesses better.
Get Your Commercial Insurance
As a business owner, you’re the one responsible for getting the right insurance policies in place. If you need commercial insurance, call us at Dynamic General Insurance Services in Cathedral City, CA to make your appointment with an agent.