Small Business Guide To Commercial Insurance

Table of Contents Small Business Guide to Commercial Insurance Introduction to Commercial Insurance 3 How Can I Purchase Commercial Insurance? 3 What Should I Expect from a Broker-Agent Who Specializes in Commercial Insurance? 4 What Kind of Insurance Do I Need to Purchase for My Business? 6 Property Insurance 7 • Commercial Property • Inland Marine • Boiler and Machinery • Crime Casualty Insurance 13 • Commercial Automobile • Commercial General Liability • Commercial Umbrella • Workers Compensation What Is a Business Owners Policy? 20 How Are Commercial Policies Rated, Deductibles Selected, and Premiums Developed? 20 What Do I Need to Know About Commercial Claims? 21 Deductible . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22 Loss Control . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22 What If I Have Trouble Locating Insurance for My Business? 23 • Surplus Line Insurance • California FAIR Plan Are There Specific Rules on Commercial Insurance Cancellation and Nonrenewal? 25 In Summary 25 Spanish Overview 26 Insurance Diversity Initiative 27 Resources 29 Glossary 31 Talk to Us 43