Business Insurance FAQs in Cerritos, CA
As business owners in Cerritos, CA and nearby communities, it is important to know your insurance options so you can look after your company’s long‑term stability. Mikel's Insurance Services is here to answer some of the most frequently asked questions we hear.
What Is Business Insurance and Why Is It Needed?
Business insurance is a combination of policies that may shield your company from financial losses caused by unexpected situations such as property damage, liability claims or employee injuries. In California, business insurance can help financially protect your assets and meet legal requirements.
What Types of Business Insurance Are Available?
Common types of business insurance include:
- General liability insurance for third-party claims involving bodily injury or property damage connected to your business activities
- Commercial property insurance for your buildings, equipment and inventory in case they are damaged by events such as fire, theft or vandalism
- Workers’ compensation insurance for employees who suffer from work-related injuries or illnesses
- Professional liability insurance for claims involving professional mistakes or negligence
- Business interruption insurance for covering lost income and operating costs if your business is temporarily unable to function due to a covered event
How Do I Know Which Coverage My Business Needs?
Every business has its own characteristics. Factors such as your industry, location, number of employees and the specific risks you face may all influence what type of coverage is suitable. Mikel's Insurance Services can help you review your situation and recommend available options.
Contact Our Agency
Mikel's Insurance Services assists clients with selecting, customizing and maintaining business insurance policies. Our local experience means we recognize the specific risks businesses in Cerritos, CA may encounter. If you have any more questions or would like to review your business insurance options, contact our team today.
