Business & Commercial Insurance

Every business has risks. Without business insurance, losses arising from everyday activities could quickly lead to costly out-of-pocket expenses. The right business insurance coverage can help protect your company from financial hardship. Read on to learn more about business insurance and the types of business insurance coverage options. 

We’re here to help. Contact Simple Lane Insurance Agency in El Cajon, California, to learn more about our business insurance offerings and to speak to an insurance agent. 

What Is Business Insurance? 

A business insurance policy is a binding agreement between you and your insurance company. In exchange for your premiums, your insurer agrees to pay for covered losses up to your policy limits. It can help provide a layer of protection against financial losses.  

What Does Business Insurance Cover? 

The term “business insurance” doesn’t refer to a specific type of coverage. Instead, it describes a group of insurance policies designed to protect businesses rather than individuals financially. Business owners often purchase these policies to help protect against costly losses arising from employee-related lawsuits, third-party injuries, property damages and more.  

The right coverage is just a few clicks away. Contact Simple Lane Insurance Agency to learn more about your insurance options.  

Types of Business Insurance  

The exact coverage provided by your business insurance policy will depend on the types of business insurance coverage you choose. Here are some common business insurance coverages which could benefit your business: 

• Professional liability insurance
• Business income insurance
• General liability insurance
• Workers’ compensation insurance
• Data breach insurance
• Commercial property insurance 
• Employment practices liability insurance
• Builder’s risk insurance
• Commercial auto insurance
• Commercial umbrella insurance 

In most states, workers’ compensation insurance is required for any business with employees. Depending on your industry, your business may have additional business insurance requirements (e.g., professional liability insurance, commercial auto insurance).  

Ask an agent at Simple Lane Insurance Agency if you have the necessary business insurance coverage to meet state requirements and if you could benefit from additional coverage.  

How Do I Get Business Insurance? 

The right business insurance can give your company the essential protection it needs. Contact Simple Lane Insurance Agency to get started with a business insurance quote and to learn more about our insurance products. For example, we offer builders risk insurance, commercial auto, general liability, workers’ compensation coverage and business owners’ policies (BOPs) for small businesses.