Business Insurance in Paramount, CA
Running a business in California offers unique opportunities and challenges. At Dollar Day Insurance, we can help you make informed decisions about business insurance policies and find coverage that fits your needs.
What Business Insurance Policies Are Required in California? 
According to California law, businesses must carry workers’ compensation insurance for part-time and full-time employees. This insurance can cover workers’ medical expenses, funeral benefits and lost wages after an at-work incident. Commercial auto insurance is also required to cover company-owned, leased or rented vehicles.
What Are Common Policies That Businesses Purchase?
While every business has different needs, your broker may recommend the following policies:
- General liability insurance can help pay for expenses related to claims of bodily injury, advertising injury, property damage or personal injury.
- Business interruption insurance can cover lost income if you’re forced to temporarily shut down your business due to a covered occurrence.
- Commercial property insurance can cover business property, equipment, inventory and furniture damage.
- Professional liability insurance can be helpful in case your business is accused of negligence or mistakes in professional services.
How Much Do These Policies Cost?
The cost of business insurance policies can vary based on different factors. These may include:
- Industry
- Location
- Number of employees
- Employees’ driving records
- Business assets (e.g., real estate, vehicles, furniture, equipment, inventory, etc.)
- Deductibles
- Coverage selections and limits
Where Can I Purchase Business Insurance Policies?
Contact us today to request personalized quotes or learn more about your business insurance options.