10 Nov California Janitorial Insurance
California Janitorial Insurance
Operating your own business requires you to be well-versed in a number of different issues that face your industry. Consumer desires, budgets, licensures, and human resources are some of the areas where you may face a steep learning curve. Insurance is another important area in which you should be well-versed, as having the right type and amount of coverage can be the difference between a protected business and a financially devastated business. As the owner of a commercial cleaning business in the Golden State, it is important that you be informed about the California janitorial insurance that your business needs.
To be fully and properly insured in the state of California, you will likely need to obtain the following types of policies: liability, property, commercial auto, worker’s compensation, and disability. Each of these policies provide a specific type of coverage that addresses the financial liabilities that your business may face if certain issues arise. California laws are different than that of many other states, in that it is mandatory that you obtain most of these policies before you can operate legally within its borders. While this may seem like a brutish burden, it is a means of ensuring that your business has the financial protection it may need to remain operational even if a lawsuit is filed, property loss occurs, or an accident or other injury incident takes place.
Liability insurance is a sort of “cover all” policy which financially protects your business against in a number of different situations. If a client or other individual is injured and brings a lawsuit against your company- the policy would pay any damages settled in the plaintiff’s favor and also pay for legal costs if the incident in question would have otherwise been covered by the policy.
If you have a large inventory of expensive equipment that is needed to successfully operate your commercial cleaning business, property insurance should be in place to provide you with the funds you would need to repair or replace the equipment if an issue arose. A commercial auto policy acts much like a personal auto policy, save for the fact that it is meant for a company vehicle.
In the state of California, obtaining a worker’s compensation policy and disability insurance is a non-negotiable. If you wish to operate within the state, you must carry both of these policies. In the event that you or your employee is injured on the job, worker’s compensation will provide payments for medical bills and income replacements, while preventing you from being sued for additional damages by an injured employee. Disability insurance will provide either short or long-term income replacement for individuals who are incapacitated due to an on-the-job injury.
There are many different types of policies that you must consider when you are in the market for California janitorial insurance. It can be a confusing journey if you are not already well-versed in the field, so find a knowledgeable insurance agent today and discuss all your insurance needs. Finding the right policies is important to your business’ long-term success and is a process that should not be delayed any longer.
All information is general in nature and is intended to provide guidance only. It is up to you to request specific coverage options, the agency and agent do not bear this responsibility. Always read the policy if there is a questions about coverage or a claim. If any information herein should conflict with your actual policy’s specific language, the policy language will be controlling.