Many businesses in San Diego carry standard policies like General Liability and Workers’ Compensation, but there are lesser-known coverages that can make a huge difference when disaster strikes. Here are five essential coverages your business needs—but may not have.

  1. Cyber Liability Insurance

Cyberattacks are on the rise, and small businesses are a prime target. If your business handles customer data, processes payments, or stores sensitive information, cyber liability insurance is critical. This coverage can help with:

  • Legal costs if customer data is breached
  • Notification and credit monitoring expenses
  • Ransomware attack payments

Many businesses assume their standard liability policy includes cyber protection—it doesn’t.

  1. Business Interruption Insurance

If a fire, flood, or other disaster forces your business to shut down, how will you pay your expenses? Business interruption insurance covers lost revenue and operating costs while you recover. This is especially important for businesses with physical locations, such as restaurants, retail stores, and manufacturing companies.

  1. Employment Practices Liability Insurance (EPLI)

Lawsuits from employees are among the most expensive claims a business can face. EPLI protects you against claims related to:

  • Discrimination
  • Wrongful termination
  • Harassment

Even businesses with strong HR policies can face legal action, making EPLI a must-have.

  1. Inland Marine Insurance

Despite its name, this coverage isn’t about boats—it protects business property that moves. If you transport equipment, tools, or inventory, standard commercial property insurance may not cover damage or theft while in transit. Inland marine insurance ensures your valuable business assets are protected wherever they go.

  1. Commercial Umbrella Insurance

Most liability policies have limits, but lawsuits and claims can exceed those limits. Commercial umbrella insurance provides extra protection beyond your primary policies, giving your business an added layer of security against large claims.

Many businesses assume their standard policies cover all risks, but gaps in coverage can lead to financial devastation. A business insurance review can help identify missing coverage and ensure you’re fully protected. If you’re unsure about your coverage, let’s talk—protecting your business is our priority.