Protecting Your Business with More than Just Insurance!

Hey there business owners! It’s time for another California business liability insurance tip! This one comes from an article we found recently.

The author of the article makes a very important point: forming an LLC or corporation is not enough to protect yourself against risks! You also need to operate your business in a way that mitigates the factors that cause risk (and having the right liability insurance doesn’t hurt either)!

The article is quite detailed, and we urge everyone to give it a read (linked above), if you have the time. If you want the quick version, though, the author of the article urges business owners to:

• Be careful in making withdrawals from the business’s bank accounts
• Know the exceptions when it comes to liability claims
• Know what it means to “Pierce the veil of limited liability”
• Thoroughly understand the legal process you could be thrust into
• Have top notch business liability insurance!

California business owners that have worked with the experts here at Partee Insurance Agency should all know the importance of having liability coverage. If you need a quick refresher, feel free to call your California business liability insurance agent!

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