Mitchell & Mitchell Insurance Blog

Avoid Claims on California Business Liability Insurance

1/20/2012 11:59:55 AM

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 from risk. You also need to operate your business in a way that mitigates risk factors. And having the right liability insurance doesn’t hurt either!

The article is quite detailed, and we urge everyone to give it a read. If you want the quick version, though, the author urges business owners to:

  • Be careful in making withdrawals from the business
  • Know your exceptions when it comes to liability claims
  • Know what it means to “Pierce the veil of limited liability”
  • Thoroughly understand the legal process
  • Have business liability insurance!

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

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