There is insurance available for nearly any risk your business might ever encounter. You will find that most types of insurance are optional, while others such as workers’ compensation, are mandatory. While optional in many cases, insurance is vital to supporting your business. Even a seemingly minor incident can be financially devastating without the proper insurance policies in place. At Morning Star Agency Insurance Services, Inc., we work closely with businesses throughout California, Arizona and Texas to provide customized business insurance solutions that offer the protection you need.

Commercial insurance policies can provide coverage for:

  • Lawsuits arising from injury or property damage to others.
  • Damage or loss to a business location and its contents.
  • Benefits for employees who are injured or become sick on the job.
  • Interruption of normal business operations.
  • Commercial vehicles.

Nearly all businesses will carry general liability, property insurance, and workers’ compensation insurance. From there, businesses can obtain different types of coverage to manage the specific risks that they face.

General liability will protect your business against claims of negligence and from lawsuits associated with injury or property damage that any third parties might suffer while on your premises. Damage, medical expenses, and attorney fees related to these types of incidents will be covered under general liability insurance.

Property insurance will protect your physical assets, including buildings and their contents, from damage that may occur as a result of events such as fire, hail, and other various natural disasters. Covered assets can include office furniture, inventory, we well as outdoor items such as landscaping or signs. Vandalism and theft of property are generally covered as well.

Like most states, California & Arizona laws requires businesses to carry workers’ compensation insurance, while in Texas, private employers can choose to carry workers’ compensation insurance but it is not required in most cases.  In California (as well as many other states), if your business is located out of state but employees regularly work in California, you will be required to carry workers’ compensation as well. Workers’ compensation is a no-fault system. In the event of a workplace-related injury or illness, workers’ compensation ensures employees receive prompt medical treatment and adequate compensation for lost wages. Because employees are guaranteed these benefits, employers are protected from lawsuits associated with the cause of the illness or injury.

Many other optional coverages are available depending on the type of business you are operating. This can include errors and omissions insurance, commercial auto insurance, directors and officers insurance, data compromise insurance, and much more. It can be a challenge trying to put together an insurance program that covers every situation your business may encounter. At Morning Star Agency Insurance Services, Inc., we work closely with our clients so that we can fully understand their exact needs and goals and provide the most comprehensive business insurance solutions.

Contact Morning Star Agency Insurance Services, Inc. today to speak with our experienced agents about the commercial insurance options needed to protect your businesses. We specialize in offering comprehensive business insurance solutions to businesses throughout California, Arizona, and Texas.