{"id":128,"date":"2022-05-31T04:00:00","date_gmt":"2022-05-31T10:00:00","guid":{"rendered":"https:\/\/www.biddleshaw.com\/blog\/?p=128"},"modified":"2022-06-02T14:20:32","modified_gmt":"2022-06-02T20:20:32","slug":"is-commercial-insurance-required-in-california","status":"publish","type":"post","link":"https:\/\/www.biddleshaw.com\/blog\/is-commercial-insurance-required-in-california\/","title":{"rendered":"Is Commercial Insurance Required in California?"},"content":{"rendered":"<p>If you own a small business in California, you&#8217;ll want to stay informed on any changes in state law regarding insurance requirements. Currently, California mandates that businesses have two types of insurance at all times &#8211; workers&#8217; compensation and commercial auto insurance. The first type, workers&#8217; compensation insurance, is required for businesses with any employees and helps pay for the medical bills and lost wages associated with a workplace injury or illness. The second type, commercial auto insurance, is needed for any business-owned vehicle. Additionally, if employees use personal vehicles for work, it is highly recommended that hired and non-owned policies be purchased because most personal auto policies exclude business use.&nbsp;<\/p>\n<p>While none of the following insurance is required for your business, they are highly recommended as they provide additional coverage should an incident requiring insurance occur.&nbsp;<\/p>\n<ul>\n<li><strong>Cyber Liability Insurance:&nbsp;<\/strong>If your business suffers a cyber-attack, this insurance can be used to cover the cost of notifying impacted customers, regulatory fines, extortion payments, and legal fees.<\/li>\n<li><strong>Professional Liability Insurance:&nbsp;<\/strong>Covers the legal costs associated with a breach of contract, negligence, and other similar claims made by a customer.<\/li>\n<li><strong>Crime Insurance:&nbsp;<\/strong>If your business is the victim of a theft or robbery, this coverage can help you recover from these losses.<\/li>\n<li><strong>Business Income Insurance:&nbsp;<\/strong>Should your business be forced to close, this coverage contributes to paying rent and other bills.<\/li>\n<li><strong>Commercial Umbrella Insurance:&nbsp;<\/strong>Provides excess liability coverage beyond your existing policy limits.&nbsp;<\/li>\n<\/ul>\n<p>Call Biddle-Shaw Insurance Services Inc. in San Francisco, CA for more information on insuring your business. Our friendly and knowledgeable team of insurance professionals are&nbsp;happy to answer all your questions and can help customize a commercial insurance policy that best protects your business.&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you own a small business in California, you&#8217;ll want to stay informed on any changes in state law regarding insurance requirements. Currently, California mandates that businesses have two types of insurance at all times &#8211; workers&#8217; compensation and commercial auto insurance. The first type, workers&#8217; compensation insurance, is required for businesses with any employees [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[6,5],"class_list":["post-128","post","type-post","status-publish","format-standard","hentry","category-insurance","tag-biddle-shaw-insurance-services-inc","tag-san-francisco-ca"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.biddleshaw.com\/blog\/wp-json\/wp\/v2\/posts\/128","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.biddleshaw.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.biddleshaw.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.biddleshaw.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.biddleshaw.com\/blog\/wp-json\/wp\/v2\/comments?post=128"}],"version-history":[{"count":1,"href":"https:\/\/www.biddleshaw.com\/blog\/wp-json\/wp\/v2\/posts\/128\/revisions"}],"predecessor-version":[{"id":129,"href":"https:\/\/www.biddleshaw.com\/blog\/wp-json\/wp\/v2\/posts\/128\/revisions\/129"}],"wp:attachment":[{"href":"https:\/\/www.biddleshaw.com\/blog\/wp-json\/wp\/v2\/media?parent=128"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biddleshaw.com\/blog\/wp-json\/wp\/v2\/categories?post=128"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biddleshaw.com\/blog\/wp-json\/wp\/v2\/tags?post=128"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}