Find out what to know about D&O and other commercial insurance in Los Angeles.
Running a business comes with plenty of risks. From natural disasters to lawsuits to dips in business income, it’s important that your small business is prepared to handle all the curveballs that life throws its way with the right commercial insurance
in Los Angeles. However, in addition to protecting your business, it’s also important to protect the people that run your business. Investing in directors and officers (D&O) liability insurance is a must when keeping your company leadership secure. Here’s what you need to know about D&O insurance so that you can best protect your business.
What is D&O insurance?
Directors and officers insurance is a policy that helps to protect your company’s leadership from liability suits. Should your directors and officers face a claim against them, this coverage helps to protect them and your business.
What does D&O insurance cover?
D&O insurance covers a variety of claims. Whether you’re a non-profit organization, private firm, or educational institution, D&O insurance helps give coverage for a wide-range of claims from employment practices to mismanagement of company funds. There are many types of claims that may be brought against your directors and officers, and it’s important that they have the tools that they need to protect them. While D&O insurance offers excellent coverage, there are exclusions to your coverage. Ensure that you read the fine print so that you know exactly how you’re covered.
Invest in the right commercial insurance
in Los Angeles so that you can rest assured knowing that your business is well-protected. Invest in a directors and officers liability policy to best protect your company’s leadership. Contact
the professionals at Fuller Insurance Agency
, located in Southern California, for assistance finding the right policies for your family in Chino Hills, Los Angeles, Long Beach, and surrounding communities.