Liability Risks For Business Owners

Owning a business is a dream for many people. If you have been fortunate enough to make this dream come true, you want to do all that you can to protect yourself from liabilities that could affect the success of your business. Here at Bayshield Insurance serving San Jose, CA and the surrounding areas, we want to help business owners better understand how they can protect themselves from liabilities. 

Here are some of the liability risks you might face:

Employee Injuries 

Employees being injured on the job can certainly create a liability risk for a business owner. You are held responsible to provide a safe work environment for your employees. If an employee is injured, they may opt to sue you for not fulfilling this responsibility. Solid insurance coverage can help protect you from this risk. 

Customer Injuries

Similar to employee injuries would be customers being injured on your property or as a result of your goods or services. When this happens, you are almost always held liable for the expenses incurred by the customer’s injuries. Again, a solid insurance policy can help protect you from this risk, even if you can’t always prevent these types of events. 

Property Loss

Another common liability is the risk of property loss. Property loss can happen if your place of business is damaged or lost due to fire, natural disaster, or burglary. This can have a devastating effect on your business. Insurance coverage, however, can help you bounce back from this type of event. 

Reach Out To Us

If you would like to learn about commercial insurance coverage and how it can help you as a business owner, please contact us at Bayshield Insurance. We serve San Jose, CA and the surrounding areas, and we will be happy to help you.