Business Insurance

When your doors are closed, you're not making money. And unforeseen accidents can cause you to shut down or even create liability issues you might not be prepared to handle alone. Riley & Riley Insurance provides business insurance all over California with the business insurance policies they need to stay open and profitable. Find out how we can do the same for you today by getting a free quote.

Our insurance specialists are experienced on all of the business insurance policies and products that we offer, including:

• Commercial Property Insurance
• Commercial General Liability
• Business Owners Policy (BOP)
• Inland Marine Insurance
• Commercial Auto Insurance
• Commercial Umbrella Insurance
• Professional Liability
• Workers Compensation
• Crime Insurance
• BONDS

The Real Question: How Much Is Too Much?

Any insurance company can write your business an insurance policy, but how can you be sure that it's the right one? You could just pick the cheapest one, but in the event something does happen that the policy doesn't cover, you could be stuck high and dry with expensive liabilities. If you pick the most expensive policy, you could just be throwing money away on insurance products you may never even need. Where's the happy medium? You can get the most from your business insurance by making the smartest decision, and that means you're going to need to talk to someone who is knowledgeable about business insurance. Contact Riley & Riley Insurance today!

Commercial Property Insurance

Protection for Your Business Itself.

Every day, you work hard to ensure that your business stays up and running. From serving your customers and offering your products and services to providing your employees with jobs, your business is a powerhouse of activity. That’s why it’s important to make sure your commercial property is protected because accidents do happen, and the last thing you want to experience as a business owner is being out of commission and under the wrong policy.

With a custom Property Insurance policy from Riley & Riley Insurance, you can ensure that the building itself and the personal property of your business is protected from minor accidents or a major financial loss. Our insurance specialists can help you create a policy that keeps your small-to medium-size business insured from top to bottom by covering such items as:

• Your building
• All interior items (desks, furniture, etc.)
• Any outdoor signs on your property
• On-site equipment
• Your inventory

Other items that are typically found on a Property Insurance policy can include Builder’s Risk insurance and Equipment Breakdown coverage. Builder’s Risk protects any materials or equipment from damage or loss sustained during construction or remodeling, while Equipment Breakdown, or Boiler and Machinery, keeps any electrical, electronic, or pressurized equipment on your premises insured from breakdowns or loss.

Additional Business Protection

In some cases, your business can save more by combining Property with Liability for the convenience of having your business needs met. To find out more about combining coverage’s, contact Riley & Riley Insurance today.

Critical Assurance for the Protection of Your Business.

Running a business is a major responsibility that can involve many risks. Not only are you responsible for ensuring that your day-to-day operations run smoothly, but you’re also accountable for keeping your employees and property insured from injuries and damages. At Riley & Riley Insurance, we can help you create a policy that’s designed to safeguard the best interests of your business - so you can focus on serving your customers and increasing your profits.

Commercial General Liability from Riley & Riley Insurance can prevent major financial losses if your business is sued or held legally responsible in the event of bodily injury or damage. With the proper policy, you can have most medical expenses, attorney fees, settlements, and reimbursements covered.

Riley & Riley coverage’s include:

• Premises Liability
• Products and Completed Operations
• Premises Medical
• Fire Legal Liability
• Casualty Coverage

Other types of Commercial General Liability include Garagekeeper’s Liability and Employment Practices Liability. If you run an auto service operation, having Garagekeeper’s Liability coverage will protect your customers’ vehicles from fire, vandalism, theft, or other damages. An option like Employment Practices Liability will protect your business if an employee’s legal rights have been violated.

Additional Commercial Liability

Other specialty types of Commercial Liability, such as Foreign, Liquor, and Concession Liability, can aid in furthering the safety of your business’s future.

• Foreign Liability protects employees who travel out of the country (for business purposes) in the event of injuries, damages and lawsuits.
• Liquor Liability includes covering damages and injuries in which your business is held legally responsible as a result of serving liquor - from liquor establishments to office parties/special events.
• Concession Liability keeps your special event stand insured from damage, accidents, or accidental injuries sustained to pedestrians.

Since there are many types of liability coverage’s, it’s important to talk with Riley & Riley Insurance about the best options for your business.

Business Owners Policy

Combined Coverage for Special Advantages.

At Riley & Riley Insurance, we’re committed to providing insurance solutions that keep small to medium-sized businesses protected. That’s why we combine various coverage options into one convenient package – for more benefits than a typical Business policy and better savings through competitive pricing.

A Business Owners Policy (BOP) from Riley & Riley Insurance allows your business to create a customized insurance policy that combines Property, Commercial General Liability, and Crime Insurance, as well as additional coverage types based on your needs.

The proper Business Owners Policy can keep your day-to-day operations protected with options such as:

• Products and Completed Operations
• Premises Liability
• Premises Medical
• Fire Legal Liability
• Business Income Insurance
• Building and Personal Property Protection
• On-Site Equipment Insurance
• Coverage for Inventory Loss
• Crime Insurance

Find Out if Your Business is Eligible

Inland Marine Insurance

Do you have property used in your business that is routinely located off-site? When you're working off-site, your business owner’s policy doesn't always cover your tools, equipment and computers, and this can put your business at risk. Riley & Riley can offer the comprehensive coverage needed to cover most business property including contractors' tools and equipment and the property of others.

What is Covered?

Inland Marine insurance generally covers property that is movable or transportable in nature. It often covers property that needs broader protection than what may be provided by the typical property policy. Examples are:

• Computers / computer systems
• Tools and equipment for artisan contractors (from mobile equipment to hand tools)
• Fine Art Dealers / Galleries (covers the fine art and tools / equipment used in conjunction with fine art)
• Photographers camera equipment
• Motor Truck Cargo (covers the goods being carried by an insured trucker)
• Transportation Form (covers goods shipped by or to our insured via common carrier)
• Pet Groomers (covers their equipment, especially for those with mobile operations)
• Veterinarians (covers their equipment, especially when portable in nature)
• Vending Machine Form - used to cover vending machines (not the contents)
• Dealers Service Form - covers equipment used by servicing contractors / installers (appliances, flooring, plumbers, etc.)

Contact your agent today for assistance in determining your inland marine coverage needs.

Commercial Auto

Peace of Mind for Businesses On the Road.

Riley & Riley Insurance understands the value of your commercial vehicles and the employees who drive them. From trips across the country to local deliveries and promotions, your mobile business fleet takes on the open road to keep operations running smoothly – but accidents do happen.

To prevent losing your hard-earned revenue due to an auto accident, you’ll want to ensure that your vehicles, products, and drivers are insured in the event of property or vehicle damage, bodily injury, legal costs, and more. With Commercial Auto Insurance from Falcon West Insurance, we’ll work with you one-on-one to create a customized policy that may include:

• Bodily Injury Liability
• Medical Payments
• Personal Injury Protection (PIP) Coverage
• Comprehensive Coverage
• Collision Coverage
• GAP Coverage
• Uninsured and Underinsured Motorist Coverage

Additional options like Bailee Coverage are available if needed. Bailee Coverage insures property loss or damage when in your company’s care, control, or custody – for example: product protection for items on a semi or delivery truck.

Auto Insurance is an essential financial decision that will keep your business covered. The next time your fleet takes the road, make sure it’s protected with Commercial Auto policy from Riley & Riley Insurance.

Commercial Umbrella Insurance Policies

Today, corporate lawsuits are unfortunately all too common. Even sadder, a company's general liability insurance is often too small to cover all the related court costs, medical bills, and other expenditures related to the lawsuit. So, where do the remaining funds come from: your profits, your investors, your employees? Can your business even manage to stay afloat after a costly lawsuit?

Fortunately, a business umbrella insurance policy from Riley & Riley can provide the coverage you need in excess of what your other typical commercial policies handle. In other words, in the event that a liability claim is large enough to exhaust the limits of the general liability, product liability, or commercial auto policy, your commercial umbrella coverage kicks in and handles the rest of your expenses.

A commercial umbrella insurance policy (also known as "excess liability insurance") covers a wide range of liabilities, including:

• Personal injury liability
• Contractual liability
• Vehicle liability, including aircraft & watercraft
• Liquor law liability, and more

Business umbrella insurance also covers you in the case of excessive costs due to accident or theft on your commercial property.

Learn More about Commercial Umbrella Liability Insurance Coverage

While you hope to never experience a corporate lawsuit, a commercial umbrella insurance policy is your saving grace should a lawsuit happen. Riley & Riley Insurance will help you determine how much coverage you need at a price that's right for you.

Professional Liability Insurance Policies

Let's face it: your clients come to you for your expertise. If they could offer themselves accurate legal or financial advice or build their own software, they would. Because they cannot, they rely on your extensive experience and knowledge in your particular industry to help deliver successful products and decisions for them. They essentially put their businesses in your hands. When you make an inevitable mistake or omit a detail that causes them financial loss, they will look to you to take responsibility. This is where professional liability insurance has you covered.

General liability insurance policies usually only cover personal injuries or property damage for which you or your company are held responsible. Professional liability insurance policies take it a step further by offering coverage for mistakes and errors made by you or someone at your company.

For example, if your end-product doesn't conform to pre-determined, contractual deliverables, you can be held liable for not providing what you said you would. Additionally, if you misrepresented yourself or your capabilities or offered poor advice to clients, a professional liability insurance policy can kick in and offer coverage for any lawsuits against you.

Industry-Specific Professional Liability Insurance Coverage

Depending on the policyholder's industry, more specific professional liability insurance coverage may be available. For example:

• Medical Malpractice Insurance - policies taken out by doctors, nurses, and other medical professionals
• Errors & Omissions (E & O) Insurance - policies taken out by legal representatives, financial advisors, real estate brokers, and others who deal with very specific facts and figures and who may therefore be more susceptible to clerical errors

Professional Liability Coverage for IT Companies

Professional liability insurance can be especially important for technology companies, who deal with intellectual property and security issues on a regular basis. When dealing with often multi-million dollar software, network systems, and other IT products, it is vital to have this coverage, particularly in an ailing economy

Workers Compensation

Keep Your Employees Protected.

Riley & Riley Insurance understands the value of good employees. We know that your day-to-day operations depend on their hard work, expertise, and dedication, and if you supply them with quality benefits and plans, they can work with the peace of mind assurance that they’re properly protected.

Having the right Workers Compensation plan from Riley & Riley Insurance can allow your business to ensure payments and cover expenses if an employee is injured from a work-related accident. Injuries can range from car accidents and back injuries to equipment malfunctions and, in some unfortunate cases, death.

Workers Compensation can cover financial obligations such as:

If your business does not offer Workers Compensation, serious injuries that occur on the job could lead to an employee suing your company for damages. That’s why it’s important to discuss your options with one of our staff who can help you find the right coverage options for all your business needs.

Crime Insurance

Specialty Coverage for Dishonesty in the Workplace.

Unfortunately, crime and employee dishonesty can happen. As a business owner, sometimes it’s impossible to know whether the employees you hire are an honest fit for the job, and by the time you discover the truth, the damages can be costly.

At Riley & Riley Insurance, we can help your business develop a plan that keeps your assets protected in the event of such a specific circumstance. With Crime Insurance, your policy can include coverage for various situations, such as:

• Robbery or Burglary
• Computer Fraud
• Employee Dishonesty
• Theft of Business Property
• Forgery

Since there are limitations to your commercial crime policy, you should carefully discuss your options to find out what kind of insurance your business needs based on your current situation and potential risks.

Don’t lose important data or finances on the account of a dishonest employee’s actions. Keep your business secure with Crime Insurance.

Surety Bonds

Back Your Obligations.

Your primary goal as a business owner is to ensure that your operations run smoothly and efficiently on a daily basis. But in special circumstances, the performance of your business may require extra attention that assures an obligee that you, the principal, are performing as promised.

At Riley & Riley, we specialize in providing bonding services that help to protect the integrity of your business. Our Surety Bond services include writing agreements that guarantee the party requesting the bond that your business will uphold its obligations.

Types of Surety Bonds

• Performance and Payment Bonds
• Contractor Bonds
• Sub-Division Bonds
• Court Bonds
• Conservator Bonds
• Fidelity Bonds
• Public Officials
• Liquor Licenses

Since there are many types of Surety products, it’s important to discuss your options with a licensed, professional bond agent. Our underwriting services are flexible to meet your unique business needs, and we specialize in a high-degree of customer care that will ensure maximum consideration for your assets.