Could Your Business Be Bankrupted By a Single Lawsuit? Not with Small Business Insurance in California!

Is it necessary to obtain small business insurance in California? Residents who have recently become entrepreneurs may not understand why the proper coverage is so vital. Consider the following scenario as an example of the high risk of going without a protective layer of insurance.

For years, Eliza dreamed of owning her own used book shop. She collected a vast inventory of volumes while saving up a down payment for a lovely commercial space in an affluent part of town. After waiting for so long, Eliza opened the doors of her used bookstore and coffee shop. The surrounding neighborhood embraced her and business passed her modest expectations in just a few short weeks.

With such early success, Eliza decided to upgrade her kitchen equipment to allow for more refined beverages. While trying to learn to use her new imported espresso machine, she sprayed milk foam all over the floor. Before she could clean the mess, a passing customer slipped and broke her arm. Despite Eliza’s sincere apologies, the injured woman filed a lawsuit. Eliza had to sell the bookshop to pay the ensuing medical and legal fees.

How could you afford the medical bills of someone who is injured on your property? What if the victim decides to sue – do you have the money for a lawyer? Avoid such a difficult financial situation by investing in small business insurance in California.  Entrepreneurs, for just a few hundred dollars a year, could be protected from the burden of the cost of liability suits as well as various other risks faced by businesses each day.

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