Commercial Insurance Resources

Why do you need Commercial Business Insurance? Commercial insurance can safeguard your business from common risks such as property damage, business interruption, theft, liability, and worker injury.

How Can I Purchase Commercial Insurance?

Contact a Broker or Agent: Make sure that you are working with a competent, reliable broker-agent who specializes in commercial coverage. Insurance companies that are members of the Chamber have proven themselves as trusted partners with many local businesses. Looking for a personal referral? Contact the Chamber and we can connect you with someone in your line of business that can refer you to a agent that is familiar with your business.

What Should I Expect from a Broker or Agent?

Your broker or agent should take adequate time to learn about your business operations and potential exposures associated with your industry and business type. They should also review your current policy if you have one. You do not have to disclose your current premium. It is critical however, that you are truthful and forthcoming about your operations to ensure the insurance carrier will help protect you from losses.

What Kind of Insurance Do I Need to Purchase for My Business?

Property Insurance

• Commercial Property:
  • Buildings you own or lease as part of your business
  • Any personal business property
  • Personal property of others
• Inland Marine – Specialized type of property insurance that covers damage to property while in transport.
• Boiler and Machinery – Additional layer of coverage to cover losses resulting from malfunctions of boilers and malfunctions.
• Crime – Protection for the assets of your business including merchandise, real property, money, and securities.

Casualty Insurance

• Commercial Automobile – Protects you from liability stemming from automobiles used in your business or any damage to the covered automobile.
• Commercial General Liability – Standard commercial liability policy used to insure businesses.
• Commercial Umbrella – Coverage for when a liability claim goes above the aggregate limit of the base CGL, automobile, workers comp, or other liability policy.
• Workers Compensation – Coverage for when an employee suffers a work related injury or illness.

What Additional Resources Are Available?

CA Dept of Insurance: Commercial Insurance Guide