What is Business Owners Insurance?

Small Business

What insurance do small businesses need?

Donaldson Business owners proudly offers insurance protection specifically designed to address complex exposures faced by small business owners. Health Care Practices, Professional Services, Restaurants, Retail Stores and Services Businesses are amongst the many commercial customers insured by Donaldson Insurance. Providing essential coverages for liability, property, business income, and spoilage are just a few reasons why Donaldson Insurance is one of the leading small business coverage providers in California.

Small business with owner at the door


Property Coverage

Blanket Coverage or 125% Extended Replacement Cost – Optional coverage available to increase the building limit.

Bailees Customers Goods –
Optional Coverage which provides coverage for direct physical loss or damage to Covered Property that is in the Named Insured's care, custody, control or while in the course of transit between the Named Insured's location and the customer’s premise.

Building –
Optional coverage - Property coverage for buildings and structures at the premises owned by the Named Insured or where the lease agreement requires the Named Insured to provide building insurance.

Business Income –
Covers loss of business income up to 12 months, (optional 18 or 24 months) Actual Loss Sustained, in the event of a loss; option for time period extension available.

Business Personal Property (BPP) –
Provides coverage for contents, such as furniture, machinery, supplies and tools. This applies to items owned by the Named Insured and used in the scope of the business operation or property of others when in the Named Insured's care, custody, or control. Blanket option is also available.

Cyber and Data Breach –
Optional coverage available up to $250,000 limit.

Employee Dishonesty – Coverage for direct loss or damage to money, securities, or covered property resulting from dishonest acts committed by employees. $10,000 per occurrence. Is included with option to increase up to $250,000 per occurrence.

Equipment Breakdown Tech Advantage –
Optional coverage for loss or damage to property resulting from a mechanical breakdown or electrical failure.

Ordinance or Law Coverage 1, 2 & 3 –
Coverage 1 is included for loss to the undamaged portion of the building up to the building limit. Coverage 1 & 2 for the demolition cost and increased cost of construction is included at $100,000 combined limit with option to increase.

Outdoor Signs –
Optional Coverage - Extends definition of covered property to include outdoor signs at $25,000 with option to increase.

Spoilage –
Optional Coverage which provides coverage for loss of perishable stock that is stored at the premises as the result of power outage, breakdown, or contamination.

Water Back-Up and Sump Overflow –
Covers damage caused by water that backs up into the property through pipes, drains, sewer, water-service and sump pump. Included at $25,000 with option to increase up to $100,000.

Liability Coverage

Barbershop and Beauty Salon Professional Liability – Optional Coverage which applies to “bodily injury”, “property damage” or “personal and advertising injury” arising out of the rendering of or failure to render professional services in connection with the operation of your business as a Nail Salon, Barber Shop or Beauty Salon.

Business Liability –
Provides Bodily Injury, Property Damage and Personal and Advertising Injury Liability coverage.

Employment Practices Liability – Optional Coverage up to $250,000 limit with Full Prior Acts and 3rd Party Coverage (including discrimination).

Hired Auto and Non-Owned Auto Liability –
Optional Coverage which provides coverage for bodily injury or property damage caused by an insured or their employees, while driving vehicles relating to their business operations, which are hired or non-owned by an insured.

Liquor Liability – Optional Coverage for "bodily injury" and "property damage" as the result of the selling, serving, or providing alcoholic beverages.

Liability Aggregate Per Location –
Optional Coverage - Applies the aggregate liability limit to each location.

Medical Expenses –
Covers medical expenses regardless of legal liability to tenants if injured outside their units. $5,000 per person/$10,000 per accident is included and may be increased.