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California Business Insurance Trends For 2020

As we move into 2020, we wanted to provide you with our business insurance trends or recommendations.  We suggest that you go over this list to verify that you have the best possible coverage for your business. Building a solid company in today’s competitive and fast-moving world takes time, commitment, and foresight. Having solid business insurance can protect your assets, employees, and future.

Key Man Life – Covers the death of key owners and revenue producers.

Professional Liability- Covers claims that come from giving advice.

Workers’ compensation insurance – This coverage is usually required by law for small businesses with employees. This insurance provides benefits for employees who are injured or die from job-related causes.

Employment Liability– Provides your business with coverage for harassment, wrongful termination and other claims brought by employees.

Business Income- This coverage can provide extra funds should your business suffer a covered loss. It can include coverage for extra expenses to set up a temporary location as well.

Cyber Liability- If your business handles customer data, such as credit card or bank account numbers; data breaches pose a serious threat to your financial stability. Cyber Liability Insurance protects against the expenses associated with a data breach, which can run into the hundreds of thousands of dollars.

Our home office is in Placerville, California,  El Dorado County, but we insure customers across California, Oregon, and Nevada!