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Business Insurance City

Commercial Insurance

Protect Your Business with the Right Insurance Plan

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General Liability

This type of coverage will cover any accidents, injuries, or claims that you or an employee were negligent. General liability insurance will protect your business against having to pay for property damage, medical expenses, settlements or judgments acquired in a lawsuit, slander, and libel.

Professional Liability

If your company provides a service, then errors & omissions insurance will protect your business against claims of error, negligence, and malpractice while providing those services. Some state governments even require that professionals carry a professional liability policy.

Product Liability

If your company manufactures, distributes, or sells a product, then you may be held liable for the safety of that product. Product liability covers your business from financial loss if your product should be defective and cause someone harm. The amount of product liability coverage that you purchase will depend on the risk of your product.

Commercial Property

This type of coverage will protect the loss or damage of company property. Company property may include physical property like computers and buildings, or may include lost income or business interruption.

Home-Based Business

If you work in your home, then you should consider purchasing additional insurance for a home-based business. Homeowner’s insurance usually doesn’t cover business losses, so a special package is needed.

Government Required

California businesses who have employees are required to pay for workers’ comp insurance, unemployment insurance, and disability insurance. If applicable, commercial auto insurance is also required.

Group Health

Many employers choose to extend group health insurance to their employees as part of their benefits package. This can be one of the most expensive costs of a business, yet one of the most important to employees. Finding the right package can be especially difficult!

Business Insurance: Packages

Why Choose Us?

Customized Insurance Plans for Your Business

Your business’ unique challenges and strategies are what will make your insurance plan special.

At Cornerstone Preferred, we take the time to study your needs and build a custom business insurance plan that will protect your assets.  Accidents, lawsuits, illnesses, and more can all threaten the health of your business, so our goal is to provide you with the best business insurance coverage for your company.

As a business owner, when you buy commercial insurance, you want to know that you are getting an agent who deeply understands each aspect of the industry as well as an agent who will go above and beyond to meet your needs.

Our partnership with United Agencies, a Top 100 Agent in the US, allows us to have a broad vision and competitive pricing that will put your business in a winning position!

Contact Cornerstone Preferred Insurance at (888) 840-4020 or fill out an online form. Our agents provide their expertise as a complimentary service and aren’t tied to any one insurance provider. We do all the work for you, so you can focus on running your business.

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Frequently Asked Questions

Does my business need insurance?

If you are a business owner, then most likely your state will require at least workers' comp insurance. You will also want to consider other types of insurance depending on your industry and its risks.

How much will commercial insurance cost me?

he cost of commercial insurance can vary greatly depending on several factors, including:

  • Type of business: Different industries have different risk profiles, so the cost of insurance will vary based on your line of work. For example, a construction company will likely have higher premiums than a software development firm. Size of your business: Larger businesses typically have higher premiums than smaller businesses, as they have more assets and employees to protect.

  • Location: Insurance rates can vary depending on your geographic location, with areas prone to natural disasters or with higher crime rates typically having higher premiums.

  • Coverage amount: The amount of coverage you choose will significantly impact your premium. Higher coverage amounts will naturally cost more.

  • Deductible: A deductible is the amount you pay out of pocket before your insurance kicks in. Choosing a higher deductible can lower your premium, but it also means you'll be responsible for more costs if you need to file a claim.

  • Claims history: Having a good claims history can help you qualify for lower premiums. Conversely, a history of past claims can lead to higher rates.

Is there a way to lower my premiums?

Aside from choosing less coverage, you can also lower your premiums by implementing risk management practices, maintaining good driving records for company vehicles, and bundling policies.

What is a Business Owner's Policy?

A business owner's policy is a package policy designed for business owners. Learn more about what a BOP entails here.

Business Insurance: FAQ
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