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Proper insurance coverage protects your small business from unexpected circumstances and costs. Yet, according to the 2023 Hiscox Underinsurance Report, 75% of small businesses in the U.S. don’t ...
According to a survey released by Next Insurance, 90% of business owners weren't sure if they had adequate coverage. Worse, 29% had no business insurance coverage at all, leaving their business ...
California's high property values may make that insurance seem relatively cheap, but even on an absolute dollar basis residents the average annual premium of $2,200 was less than residents paid in ...
A business owner's policy (also businessowner's policy, business owners policy or BOP) is a special type of commercial insurance designed for small and medium-sized businesses. [1] BOPs are cost-effective and convenient for business owners, as they provide comprehensive protection against common risks like property damage, lawsuits, and income ...
To understand why the insurance industry is spiraling in California, consider Proposition 103. Passed by voters in 1988, the law was meant to protect consumers by preventing insurers from ...
Between 2020 and 2022, insurers canceled 2.8 million home coverage policies in the state.
Data analyzed by the insurance comparison website Insurify showed the average annual cost of full coverage in California was $2,417 as of June, up from $1,666 the year before.
The Personal Insurance Federation of California, which represents large companies, including State Farm, Allstate and Farmers Insurance, expressed support for the proposal. The plan is “an ...
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