EARTHQUAKE COVERAGE Earthquakes occur most frequently in California than any other state in the US, and in fact Southern California experiences as many as 10,000 earthquakes annually. General Liability and coverage from Business Owner Packages may not cover damages from this type of natural disaster. Business Earthquake Insurance is a specific [...]
WHAT IS UMBRELLA AND EXCESS LIABILITY INSURANCE? Commercial Umbrella and Excess Liability insurance adds another layer of protection and extends coverage over and above other standard business protection you may have, including Employer’s Liability Insurance or General Liability Insurance. Simply put, this extra coverage helps in the face of catastrophic [...]
WHAT IS A SURETY BOND? A Surety Bond protects against malpractice and fraud. Most surety bonds are considered a three-party contract between the principal (business owner or other professional), the obligee (consumer or government entity) and the issuer (the surety). The bond is a financial guarantee that the principal will always [...]
