Call today to ask questions and get answers related to the most pertinent business insurance questions for your business. There are so many situations that commercial insurance can cover, if the policy is written to cover it. Using an insurance broker who can foresee the potential pitfalls that await your corporation is invaluable. Such a broker can attach riders and provisions to policies, and help select the best policy for your general circumstances.
What to Think About When Acquiring Commercial General Liability Insurance
The decision to purchase business insurance in Orange County, CA can sometimes be a daunting task. In today’s marketplace with so many plans available, it may be difficult to determine which type of coverage will suit your particular business needs. In fact, it may surprise you, but many small and medium size companies fall into what an insurance carrier considers a low risk category. If your company fits this category, it could be eligible for a policy that is known as a BOP, or a Business Owners Policy, which usually comes at a very competitive price and will include important types of commercial general liability insurance and can also include coverage for your owned or leased real or business personal property.
Coverage protecting your business from products or completed operations, bodily injury, property damages, personal and advertising injury, as well as protecting it from other risks of liability, is available by purchasing Orange County, CA Commercial General Liability Insurance. By acquiring this type of coverage, you may protect your business if you are sued for a claim that is covered within the scope of coverage in the policy. Also, by having this coverage, the insurance carrier can provide legal defense to fight the lawsuit or claim. Commercial General Liability is primarily purchased by businesses, while personal lines insurance is mostly purchased by individual homeowners in Orange County, CA.
Commercial general liability insurance is the most basic insurance plan available that all small or medium size businesses should carry to protect their business. In projecting the cost of insurance coverage, many things come into play including what type of business it is and how significant is the risk for that particular type of business. A good example would be a small retail outlet would more than likely come under the low risk category for a carrier where as a commercial roofing company would come with a much higher risk resulting in larger premiums. Also, if you are planning to lease space for your business, the landlord will almost certainly require you to carry general liability insurance and potentially a commercial umbrella insurance policy for Orange County as well.
Every businesses insurance needs are unique, and PJO Insurance Brokerage has the expertise and experience to find the right insurance plan for your business.