Frequently Asked Questions About
Commercial General Liability Insurance
How much does small business insurance cost?
Costs can vary widely based on industry and are also determined by zip code and often payroll and/or gross sales. Request a free quote to get an exact number. (read more)
What kind of business insurance do I need?
Most business owners need General Liability Insurance at the very least. If you have any non-owner employees, you will need workers compensation insurance too.
What is a Certificate of Insurance?
A Certificate of Insurance is proof of coverage. It lists the type and amount of liability coverage you have and other policy information when a third party requests it. (read more)
Is business insurance tax deductible?
Yes. you can deduct the cost of commercial insurance premiums. The IRS considers insurance a cost of doing business as long it benefits the business & serves a business purpose.
California Environmental Consultant Insurance
California Environmental Consultant Insurance. As an environmental consultant, you deal with a all types of issues, offer advice to the clients who contract you, and provide a variety of other services. Your clients look to you for your professional expertise concerning environmental issues. While you are excellent at what you do, it's important to be aware of the risks that may arise on a regular basis in the event that something unexpected happens.
Environmental consultant identify potential injury to the environment from a client's premises or operations, and work with them to control or clean up existing damage. An environmental consultant may arrange for testing of greenhouse gas emissions, monitor air quality, or review compliance with EPA or other regulatory agencies regarding hazardous waste disposal. Asbestos abatement advice and assistance, the containment and removal of lead exposures, and reducing carbon or radon emissions are common types of assistance that an environmental consultant may provide.
Environmental consultant may be able to recommend or assist in the selection of qualified contractors to resolve the particular problem that has been identified. Many environmental consultant are engineers with training in higher mathematics, economics, biological and physical sciences. They often have expertise in meeting federal standards governed by the EPA or other agencies such as OSHA and NFPA.
How can you protect your environmental consulting business, your clients, your staff, and even your loved ones? By carrying the right California environmental consultant insurance coverage. But why is insurance so important for environmental consulting? What type of insurance do professionals in this field need, and how much coverage should they carry? Read on to find out.
California environmental consultant insurance protects your consulting business from lawsuits with rates as low as $47/mo. Get a fast quote and your certificate of insurance now.
Why Is Insurance So Important For Environmental Consulting?
Environmental consultant offer assistance to individuals, organizations, and business owners regarding various types of environmental issues. For instance, you might assess the pollution that a factory produces and offer strategies that can be used to reduce the amount of pollution that is being emitted to cut down on their carbon emissions and help them secure tax incentives.
While you strive for perfection, sometimes, errors can happen. In the case of the example provided above, what if the assessments you made were not accurate and the advice you offered was not effective? The client could potentially sue you, claiming that you failed to provide the services that you were hired for and said you would offer. In this case, you would be responsible for paying any legal fees, as well as any damages that a court may award. Unless you have a substantial money to lean on, this type of situation could put you in serious financial turmoil; but, even if you do have a lot of money to fall back on, lawsuits and damages can still cause economic strain.
By having the right California environmental consultant insurance in place, instead of paying for these costs out of your own pocket, your insurance provider will assist with the costs, thereby saving you from financial trouble and possible bankruptcy.
What Type Of Insurance Should Environmental Consultant Carry?
A lot of the risks that you business faces can be mitigated with the right type of California environmental consultant insurance coverage. What is included in your insurance package will vary and be based on the specific services you offer, the type of clients you work with, where you conduct your business, and whether or not you have a staff that assists you. Examples of some of the coverage options you should carry include:
- Commercial General Liability - This type of insurance provides you with coverage for any costs that are associated with third-party claims that are related to bodily injury and property damage that occurs on the premises of your organization. For example, if a client slips on a wet floor while visiting your office and suffers an injury, commercial general liability insurance will cover the cost of any necessary medical treatment, as well as any legal fees that may arise if the individual files a lawsuit against you.
- Commercial Property - This type of coverage protects the building that you operate your environmental consultant business out of, some of the surrounding structures and surfaces, and the contents within the building. For instance, if your building is damaged in a fire, commercial property insurance will pay for the repairs or replacements that are needed.
- Inland Marine - If you transport equipment and tools from job site to job site, you'll also want to invest in an inland marine insurance policy. This type of coverage protects the equipment that you use to conduct your business when it is not on the premises of your business. If tools or machinery are damaged while in-transit or stolen from a job site, your insurance provider will assist with the cost of repairing or replacing the equipment.
These are just some of the examples of types of California environmental consultant insurance coverage that are smart investments. Other coverage options may include commercial auto, errors and omissions (E&O), and directors and officers liability insurance.
CA Environmental Consulting's Risks & Exposures
Professional liability exposure and errors and omissions exposure can be extensive due to the potential for environmental damage from ineffective advice or incorrect testing practices. The exposure increases if the firm fails to conduct thorough background checks to verify employees' accreditations, education, and licensing, permit clerical workers to do tasks that only professionals should handle, or if error checking procedures are ignored or are inadequate.
All procedures must be followed and inspections regularly conducted. Documentation must be clear, with changes marked and authorizations signed by both the consultant and the customer. Customers can suffer financial loss if they must pay fines or cease operations due to a government order regarding environmental concerns, or if the release of pollutants causes property damage to neighboring residences or businesses.
Premises liability exposure is limited to occasional customer visits. If clients visit the premises, they must be confined to designated areas that are free of obstacles with floor coverings in good condition. The number of exits must be sufficient and well marked, with backup lighting in case of power failure. Parking lots and sidewalks need to be in good repair with snow and ice removed, generally level and free of exposure to slips and falls.
Off-site exposures consist of visits to customers' premises and to job sites. There should be procedures in place for enforcement of rules regarding off-site conduct by employees.
Workers compensation exposure is from office operations and off-site visits to customers' premises. Since work at the office is done on computers, potential injuries include eyestrain, neck strain, carpal tunnel syndrome, and similar repetitive motion injuries that can be reduced with ergonomically designed workstations. Off-site exposures may include working at construction sites, at heights, on rough terrain, or in isolated areas.
Employees can be injured off-site by slips and falls, falling objects, falls from heights, electrical panels and wiring, flying debris, noise, and automobile or aviation accidents. If there is a laboratory on premises, employees may be exposed to pollutants, toxins or known carcinogens. Employees should have appropriate safety gear when visiting a job site or while working in laboratories.
Property exposure is primarily that of an office, although there may be some incidental storage or an area for meetings. Ignition sources include electrical wiring, heating and air conditioning systems, wear, and overheating of equipment. The storage of customers' records may add to the fire load. Storage should be in fireproof cabinets and fire suppression systems must not damage the papers. If there is a testing laboratory on premises, chemicals must be separated from combustibles and stored in fireproof cabinets. Computers and other electronic equipment may be targets for theft.
Crime exposure is limited to employee dishonesty. Ordering, billing and disbursement duties must be separated and regular audits performed. Employee dishonesty issues may arise when an employee is on a client's premises. Background checks should be conducted before permitting any employee to visit clients.
Inland marine exposure consists of accounts receivable if the firm offers credit, computers, and valuable papers and records for clients' information, research projects, and environmental testing results. Power failure and power surges are potentially severe hazards. Computer systems must be backed up regularly and have adequate security features to prevent unauthorized access due to industrial espionage or by hackers. All information should be duplicated, with copies stored off-site. Any books that are used in research should be cataloged in the case of damage. There may be an off-premises exposure if consultant take tools and equipment to clients' job sites.
Business auto exposure comes from the vehicles used to travel to visit customers and to job sites. Generally, the vehicles are private passenger types or pickups. If vehicles are supplied to employees, there should be written guidelines, especially regarding the personal and permitted use of the vehicle. All drivers must have appropriate licenses and acceptable MVRs. Vehicles must be maintained and records kept in a central location.
Environmental Consultant Insurance
Speak to a reliable insurance agent that specializes in California environmental consultant insurance to find out exactly what type of coverage you need and how much you should carry.
California Economic Data, Regulations & Limits On Commercial Insurance
If you are an entrepreneur and you considering having your operations located in California, it's essential that you have a full understanding about the economy of the state, as well as the regulations and limits that are in place for commercial insurance.
If you are considering opening up a business in the Golden State, you first want to make sure that it is a sound location for your operations. That means that you should understand some key information related to the state's economy, as well as the types of insurance coverages that businesses are legally required to carry.
Economic Trends For Businesses In California
In terms of job creation, the state of California exceeds rate of job growth in the United States; however, as the state's metropolitan areas are reaching employment capacity, job growth is starting to slow. In 2017, the rate of growth was 2.1 percent, which is the slowest rate of growth since 2011; but it is still expected to increase by 1.8 percent by the end of 2018, and 1.2 percent by the end of 2019.
In the month of April, the unemployment rate in California dropped to 4.2 percent, which is a record low. This unemployment rate is expected to remain consistent for the rest of the calendar year; however, it's forecasted that the rate will start to increase in 2019.
The strongest labor market in the state is in the Bay Area, where the unemployment rate was 3.4 percent in 2017. Southern California follows, with an unemployment rate of 4.5 percent in 2017. In the Central Coast region, the rate was 5.4 percent and in the Central Valley, it was 6.6 percent. While the unemployment rate is considered high in these areas, they have decreased dramatically over the last 12 month period.
The industries that are expected to see the most growth in CA include:
- Information Technology
CA Commercial Insurance Regulations And Limits
The California Department of Insurance regulates insurance in the Golden State. In the state of CA, commercial liability insurance is not required; however, since the state does not cap rewards for liability law suits, business owners are wise to invest in this type of coverage. The amount of coverage recommended varies depending on the size of the business and in the industry.
Workers' compensation insurance is the only type of coverage that business owners are required to have. This applies to any organization that employs a salaried or hourly staff, even if that staff only consists of one employee. Furthermore, if an employee is injured or becomes ill as a result of work, business owners must pay for CA workers' comp benefits.
Additional Resources For Professional Services Insurance
Get informed about small business professional services insurance, including Professional liability, aka errors and omissions (E&O insurance), that protects your business against claims that a professional service you provided caused your client financial loss.
- Answering Service
- Attorney Lawyer
- Business Consulting
- Corporate Wellness
- Court Reporter
- Debt Collection Agency
- Detective Agency
- Electrical Engineering
- Environmental Consultant
- Executive, Career & Life Coaching
- Executive Search Firm
- Expert Witness
- Financial Services
- Financial Planner
- HR Consultant
- Mediator - Arbitrator
- Medical Billing
- Music, Drama & Dance Therapy
- Project Management
- Temporary Staffing
- Tax Preparer
Let's face reality. People today are claims conscious, resulting in a significant share of malpractice lawsuits against professionals.
Liability resulting from the rendering of or the failure to render professional services is excluded in most liability coverage forms. This means that a policy covering a account's or lawyers' office will cover liability arising out of the maintenance or use of the premises, but specifically exclude liability arising out of the rendering of a professional service or the omission of such a service.
In addition to the professions in which actual physical or mental injury may be caused to clients, certain other professions are exposed to claims for malpractice.
Claims may be brought against lawyers, accountants, architects, and similar professional persons for errors or omissions in their professional capacity. Errors & Omissions insurance pays damages that might be awarded to a plaintiff alleging professional negligence.
Professional liability policies are made available to such risks, and these policies provide essentially the same protection as is afforded under the physicians, surgeons or dentists professional liability policy.
Request a free California Environmental Consultant insurance quote in Alameda, Alhambra, Anaheim, Antioch, Apple Valley, Bakersfield, Baldwin Park, Bellflower, Berkeley, Buena Park, Burbank, Camarillo, Carlsbad, Carson, Chico, Chino Hills, Chino, Chula Vista, Citrus Heights, Clovis, Compton, Concord, Corona, Costa Mesa, Daly City, Davis, Downey, El Cajon, El Monte, Elk Grove, Escondido, Fairfield, Folsom, Fontana, Fremont, Fresno, Fullerton, Garden Grove, Glendale, Hawthorne, Hayward, Hemet, Hesperia, Huntington Beach, Indio, Inglewood, Irvine, Lake Forest, Lakewood, Lancaster, Livermore, Long Beach, Los Angeles, Lynwood, Manteca, Menifee, Merced, Milpitas, Mission Viejo, Modesto, Moreno Valley, Mountain View, Murrieta, Napa, Newport Beach, Norwalk, Oakland, Oceanside, Ontario, Orange, Oxnard, Palmdale, Palo Alto, Pasadena, Perris, Pleasanton, Pomona, Rancho Cordova, Rancho Cucamonga, Redding, Redlands, Redondo Beach, Redwood City, Rialto, Richmond, Riverside, Roseville, Sacramento, Salinas, San Bernardino, San Buenaventura, San Diego, San Francisco, San Jose, San Leandro, San Marcos, San Mateo, San Ramon, Santa Ana, Santa Barbara, Santa Clara, Santa Clarita, Santa Maria, Santa Monica, Santa Rosa, Simi Valley, South Gate, Stockton, Sunnyvale, Temecula, Thousand Oaks, Torrance, Tracy, Turlock, Tustin, Union City, Upland, Vacaville, Vallejo, Victorville, Visalia, Vista, Walnut Creek, West Covina, Westminster, Whittier, Yorba Linda, Yuba City and all other cities in CA - The Golden State.
Quotes from leading small business insurance carriers including: ACE, AmTrust, Chubb, Cincinnati, CNA, Colony, Employers, Evanston, Fireman's, Foremost, Guard, Hanover, Hiscox, Liberty Mutual, LLoyd's of London, Markel, MSA, Nationwide, Penn America, Philadelphia, Prime, Progressive, Scottsdale, The Hartford, Travelers, USLI, Utica First, Western World, Zurich & others.