What are the benefits of commercial insurance?

Owning a business is a dream that also comes with many risks. To help mitigate some of these risks, getting commercial insurance is a great option. There are several benefits that come when you get commercial insurance. 

Ensures Legal Compliance

One benefit of having legal compliance for your Laguna Hills, CA business is that you can ensure that you will be in legal compliance when it comes to insurance. Businesses today are required by law to carry workers compensation insurance if they have employees. This insurance will provide protection to a staff member if they are hurt while working. By carrying commercial insurance, your policy should cover this form of insurance. Additionally, your business may be obligated under lease or lending documents to carry commercial insurance.

Asset Protection

When you own a business, you will eventually need to invest a lot in assets for your company. These assets can include inventory, major equipment, or even real estate. If you do not have commercial insurance in place, you will not have any protection for these assets. If they happen to be damaged or stolen, you could face a major financial loss.


If you own a business, you will need to make sure that it is protected for liability. When you own a business, having commercial insurance can protect you against a variety of lawsuits. This could help to keep you solvent if you are found liable for an accident and need to pay restitution.

Having commercial insurance for your Laguna Hills, CA is very important. When you are going to get insurance, you should contact Friant Insurance Agency. The Friant Insurance Agency can help you by figuring out your total insurance needs and helping you get into the right policy for your situation.