This type of insurance combines general liability insurance and business property insurance for your business. General Liability and Business Property insurance is a way for small businesses to purchase a combination of coverages at a reasonable price. This insurance covers certain losses resulting from property damage, suspended operations and liability resulting from bodily injury or property damage to others. A General Liability and Business Property Policy is generally available for businesses with up to $3 million in revenue and is designed to meet the insurance needs of most small businesses. Our insurance agents in California can provide you with additional information.
Why do I need general liability insurance?
In today’s litigious society, even small mistakes can result in large lawsuits. That’s why general liability insurance, along with property coverage, is essential for most companies. Liability insurance protects the assets of a business when it is sued for something it did (or didn’t do) to cause an injury or property damage.
Your success happens at your store, office, factory and/or other locations. Then a fire hits, rendering your place of business unsafe for you and your employees. Farmers Business Property Insurance will make certain your damaged building is repaired or rebuilt quickly so you avoid losing income and preserve both the equity and future
Business Personal Property Insurance
The loss of any property you own or create for sale affects your bottom line. If a windstorm damages any of these items, Farmers Business Property Insurance can help you replace everything from computers and inventory to equipment and tools.
If a major fire destroys your property, you need assurance that you can continue to operate and replace lost income while the office and its contents are being rebuilt and replaced. Business income insurance not only replaces lost business income, but it can also cover the necessary operating and payroll expenses needed to keep a business operating after a loss. Business insurance coverage to keep your business operating until goods and services are being produced again. Extended Business Income Coverage can also help your business by replacing lost business income for an extended period of time after your business is back on its feet again.