Business Insurance FAQs

Business Insurance FAQs – JSSR Insurance Agency

Every company faces unique risks. From contractors and restaurants to retail, trucking, and professional offices, we build policies that protect what you’ve worked hard to create across California—and nearby states like Arizona, Washington, and Oregon.

1) What is business insurance and why do I need it? ›

Business insurance is a package of coverages that protects your property, income, and liability. It helps pay for lawsuits, customer injuries, property damage, theft, fires, and more—so one incident doesn’t threaten your company’s future.

2) What coverages are commonly included? ›
  • General Liability – Slip-and-fall, property damage, advertising injury.
  • Commercial Property – Building, contents, inventory, and equipment.
  • Business Owner’s Policy (BOP) – Bundles liability + property, often with Business Income.
  • Workers’ Compensation – Employee injury/illness benefits (required if you have employees).
  • Commercial Auto – Company vehicles and drivers (required if you own/use business autos).
  • Professional Liability (E&O) – Errors, omissions, and negligence in services.
  • Cyber Liability – Data breach, ransomware, and regulatory response.
  • Umbrella/Excess – Extra liability limits over GL/Auto/Employers’ Liability.
3) Is business insurance required in California? ›

Some lines are mandatory: Workers’ Compensation for employees and liability coverage for owned commercial autos. Landlords, lenders, and contracts often require General Liability and Property. We’ll review your leases/contracts for exact wording.

4) How much coverage do I need? ›

It depends on your industry, contracts, and risk tolerance. Contractors may need higher GL and tools coverage; restaurants may need Liquor Liability and Food Spoilage; professional firms may need stronger E&O and Cyber. We tailor limits and endorsements to you.

5) What affects business insurance premiums? ›
  • Industry/class code and operations risk
  • Sales, payroll, square footage, and number of employees
  • Claims history and years in business
  • Location, construction type, and protection (alarms/sprinklers)
  • Limits, deductibles, and required contract endorsements (AI/waivers)
6) What is a Business Owner’s Policy (BOP)? ›

A BOP bundles General Liability and Commercial Property—often with Business Income—into one cost-effective policy for small to mid-sized businesses. It’s a great way to enhance protection and save.

7) Does business insurance help with lawsuits? ›

Yes. Liability coverages pay for legal defense, settlements, and judgments for covered claims (e.g., customer injuries, advertising injury, professional errors). Without insurance, you’d pay those costs out of pocket.

8) How can I lower my business insurance costs without gaps? ›
  • Bundle into a BOP; align policies (GL, Property, Auto, Workers’ Comp).
  • Implement safety training, claim-prevention, and contract controls.
  • Install alarms, sprinklers, cameras, and cyber controls (MFA, backups).
  • Right-size deductibles and review limits annually as you grow.
  • Work with an independent agency (us!) to shop multiple carriers.
9) Do home-based or remote businesses need coverage? ›

Yes. Homeowners policies typically exclude business liability and have low limits for business property. Consider GL, BOP, Professional Liability, and Cyber—even for small or solo operations.

10) What endorsements should I consider? ›
  • Additional Insured, Primary/Non-contributory, and Waiver of Subrogation (to satisfy contracts/leases).
  • Hired & Non-Owned Auto if employees drive personal/rental cars for business.
  • Equipment Breakdown, Water Backup, Food Spoilage (for restaurants), Business Income – Utility/Dependent Property.
  • Inland Marine/Contractors’ Equipment for tools on the go; Bailee for customer goods.
  • Cyber with ransomware, social engineering, and regulatory coverage.
11) Why choose JSSR Insurance Agency? ›

We’re an independent, local team serving Lathrop, Tracy, Santa Clara County, and beyond. We compare multiple carriers, tailor coverage to your contracts and operations, and issue compliant COIs fast—so you can focus on growth.

12) How do I get a business insurance quote today? ›

Call (209) 701-6900, email This email address is being protected from spambots. You need JavaScript enabled to view it., or request a quote at jssrinsag.com. You can also book a time on our Calendly.

Protect your business—and your peace of mind.

We’ll review your leases and contracts, compare carriers, and tailor a plan that fits your budget and risk.

Call (209) 701-6900 This email address is being protected from spambots. You need JavaScript enabled to view it. Book on Calendly

Serving businesses in Lathrop, Tracy, Santa Clara County, and across CA, AZ, WA, and OR.