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  2. California Contractors State License Board - Wikipedia

    en.wikipedia.org/wiki/California_Contractors...

    LLC liability insurance (if applicable) [7] Bonds may be provided by a surety company which is licensed by the California Department of Insurance and can cost a premium of $250-$2,250 depending on calculated risk for the required $15,000 bond. [8]

  3. Small Business Insurance: What Coverage Do You Need? - AOL

    www.aol.com/small-business-insurance-coverage...

    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 ...

  4. A comprehensive guide to small business insurance: Here’s how ...

    www.aol.com/finance/comprehensive-guide-small...

    The cost of small business insurance depends on several factors, including your company's location, size and industry. BOP coverage, which bundles common insurance types onto one simple policy ...

  5. Types of business insurance - AOL

    www.aol.com/finance/types-business-insurance...

    Type of business insurance. Description. General liability insurance. Pays legal fees and settlements (up to your policy limits) if you get sued for a covered general cause

  6. Liability insurance - Wikipedia

    en.wikipedia.org/wiki/Liability_insurance

    Commercial liability is an important segment for the insurance industry. With premium income of USD 160 billion in 2013, it accounted for 10% of global non-life premiums of USD 1 550 billion, or 23% of the global commercial lines premiums.

  7. Commercial general liability insurance - Wikipedia

    en.wikipedia.org/wiki/Commercial_general...

    Whether or not general liability insurance covers construction defects or "faulty workmanship" is a matter of some debate, as some insurers have viewed poor workmanship as a risk that is covered by a surety bond rather than an insurance policy given that a construction professional may have some influence (through attention to detail, skill, and effort) over whether such a defect occurs.

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