There are many important decisions you will make when operating your California based business but one of the most important will be your decision to take out general liability insurance in California. Business owners may wonder if they really need general liability insurance for their business and the answer is a resounding yes. Accidents can happen at any time and just one lawsuit could spell financial ruin for your operation.
Some business operators may query the cost of obtaining this type of insurance however the cost of not having general liability insurance could be devastating.
The cost of the policy is calculated on many factors pertaining to your particular operation. Some of these factors include the type of business you have, the location of the business, the length of time you have been in operation, your claims history, the number of employees you have, the square footage you occupy and the likelihood that customers will visit your premises. Other risks might be more specific to your industry.
When operating your business, take a positive step towards fully protecting your livelihood and obtain general liability insurance in California. Business operators can speak with one of our agents for additional information and advice on how general liability insurance can help safeguard your business venture.