Last Updated: February 16, 2024, 11:46 am by TRUiC Team

Business Insurance Long Beach, CA

There are numerous options to find coverage for business insurance in Long Beach, CA. You absolutely need insurance to protect your business from liability and accidents. This guide will help you choose the right coverage at an affordable price. 

According to data on the insurance industry, 75% of US businesses are underinsured, and 40% of small business owners have no protection whatsoever. 

A study conducted by Advisor Smith found that 75% of small businesses faced an insurable event in 2020. Use an online insurance provider to get a quote, find personalized insurance products, and easily file claims. 

Recommended: Estimate your premiums and coverage options in California. Get a quote from a dedicated small business insurer.

Two business owners looking at options for business insurance.

What Insurance Do I Need for My Long Beach Small Business?

With average premiums for general liability insurance in the United States at about $800/year, protecting your business can be affordable and a smart decision. 

Your premiums in Long Beach, CA will depend upon your industry, revenue, and risk. A brick-and-mortar business providing any kind of general product, services, or consulting could use a host of coverage options, such as general liability insurance for onsite accidents, commercial property insurance to protect against theft, or workers’ compensation to offer support in the event of workplace injuries.

Ecommerce businesses have unique needs and may be more concerned with data breaches or cybersecurity coverages. You can bundle most of these into a business owner’s policy (BOP).

What Are the Different Types of Business Insurance?

Below are the most popular types of coverage that a small business in Long Beach, CA may need:

General Liability Insurance Long Beach

General liability insurance is the most common type of business insurance, as it covers the most basic needs that are shared among all types of companies. Things like bodily injury on your business's property and physical damage caused by employees or employers are covered by this policy. 

Workers' Compensation Insurance Long Beach

Workers' compensation insurance is meant to protect the interests of your employees if they are injured on the job. It can also protect your business from a lawsuit if that employee needs compensation for their injuries. Workers' comp is mandated for any company with employees in every state except Texas and South Dakota.

Business Owner’s Policy Long Beach

A business owner's policy is a bundle of insurance policies usually consisting of general liability, commercial property, and business interruption insurance. Since they are packaged and sold as one policy, this makes the administration of your protection simpler, and it may even come at a discounted rate.

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Find the Most Affordable Coverage

Visit our Cheapest Business Insurance review to find the best coverage at the lowest rate.

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Online Business Insurance vs. Traditional Insurance Agency in Long Beach

Online insurance agencies generally provide comparable coverage to a traditional insurer at a lower price. As a result, a growing number of small businesses prefer to use online business providers to find personalized insurance products and save on costs. They offer other benefits as well:

We highly recommend using an online provider like Next Insurance for a number of reasons:

  • Mobile App: Easily access all your coverage provided and Certificate of Insurance (COI) through an app.
  • Personalized Coverage: Online insurance providers use AI and predictive data to provide customized insurance options tailored to the unique risks to your business.
  • Lower Premiums: Online insurance providers save on expenses by not having brick-and-mortar locations or full-time agents and pass on these savings to their customers through lower premiums. 
  • Quick Turnaround on Claims: You can file a claim online and receive a resolution, usually within 48 hours
  • Convenience: Save time by avoiding speaking to an agent on the phone, get a quote instantly and insure your business within 24 hours. 

Two Ways To Start Coverage

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Compare Quotes Online

Use our dedicated small business insurance provider to generate a quick and accurate online quote, specifically for your small business. 

Get an online quote
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Speak With an Insurance Representative

Representatives are online from 8:00 a.m.–8:00 p.m. ET, Monday–Saturday, to answer your questions and help you discover the best coverage. 

Call Now: 833-536-1478

Frequently Asked Questions

A study conducted by Advisor Smith found that 75% of small businesses faced an insurable event in 2020. Because of this, it’s in your best interest to get insured. 

The cost of business insurance for a small business is typically between $700 and $3,800 a year, but this depends greatly on what types of insurance your business needs, your industry and the risk associated with your state.

In California, business insurance requirements may vary based on the type and size of your business. It's crucial to have the right insurance to protect your business from potential risks. For a comprehensive understanding of business insurance requirements in other states, please refer to our easy-to-understand guide.

An insurer like Next Insurance offers convenience and can get you an instant, online quote with your specific needs in mind or we recommend calling a local insurance agency as listed below in Long Beach to discuss your unique needs.

  1. In the event of any liability, such as property damage, client injury, data breaches, etc., you can be held responsible to pay in full any court-appointed charges, with no benefit payout to help cover the cost.
  2. Businesses may choose not to work with you, as they do not want to assume all of your risk on their own insurance policy.
  3. Depending on your business and jurisdiction, your state or local government may shut down your business if you do not satisfy their insurance requirements. In addition to this, you may be forced to pay a penalty.

Yes. Sole proprietorships, like other businesses, should get business insurance. 

Small Business Resources in Long Beach, CA

Long Beach SBDC

As part of a national network of business assistance, the Long Beach Small Business Development Center (SBDC) offers a wide variety of services for startups, new businesses, and growing businesses. Entrepreneurs can receive funding, training, one-on-one business consultations, and more with programs backed by the US Small Business Administration (SBA).

Coconut Funding Corporation

Coconut Funding has over a decade of experience helping small businesses get off the ground and get the startup capital they need to bring their vision to fruition. Whether entrepreneurs need a small amount of money or a large loan, Coconut Funding provides funding in a flexible and affordable manner.

  • 100 Bayview Cir. Ste. 200, Newport Beach, CA 92660
  • 949-200-8277

Business Consumer Alliance - Long Beach

Business Consumer Alliance offers its members “fairness and honesty in the marketplace.” Offering membership opportunities for businesses and contractors alike, Business Consumer Alliance provides legal assistance, business advice, HR solutions, and employment resolutions.

Long Beach Area Chamber of Commerce

The Long Beach Area Chamber of Commerce sets out to create a strong local economy, advocating for education and leadership in business. They have memberships available that give entrepreneurs access to a network of other business owners and professionals as well as marketing and promotion materials. 

Local Insurance Agents in Long Beach, CA

We have compiled a list of local insurance agencies in Long Beach, CA if you prefer to discuss your specific needs by speaking to an independent insurance agency or representative.

Long Beach Insurance Services

  • Google Rating: 5/5
  • 2316 E. 7th St., Long Beach, CA 90804
  • Monday–Friday, 9:00 a.m.–5:00 p.m. PT
  • 562-439-0244

The Flores Company

  • Google Rating: 3.9/5
  • 100 W. Broadway Ste. 3000, Long Beach, CA 90802
  • Monday–Friday, 8:00 a.m.–6:00 p.m. PT
  • 562-822-4814

Susanto Insurance Agency

  • Google Rating: 5/5
  • 1725 E. 7th St., Long Beach, CA 90813
  • Monday–Friday, 9:00 a.m.–5:00 p.m. PT
  • 818-435-4648

Kelly Williams Insurance Agency, Inc.

  • Google Rating: 4.9/5
  • 4400 CA-1, Long Beach, CA 90804
  • Monday–Thursday, 8:00 a.m.–5:00 p.m. PT
  • Friday, 8:00 a.m.–4:30 p.m. PT
  • 562-498-8661

Jade Pham - Farmers Insurance Agent

  • Google Rating: 5/5
  • 3450 E. Spring St. Ste. 207, Long Beach, CA 90806
  • Monday–Friday, 8:30 a.m.–5:30 p.m. PT
  • 562-989-5859

Christian Charles Insurance Services, Inc.

  • Google Rating: 5/5
  • 3750 E. Anaheim St., Long Beach, CA 90804
  • Monday–Friday, 9:00 a.m.–5:00 p.m. PT
  • 562-264-1437

Only Way Insurance Services

  • Google Rating: 4.9/5
  • 300 E. 4th St. Unit 106, Long Beach, CA 90802
  • Monday–Friday, 10:00 a.m.–7:00 p.m. PT
  • Saturday, 10:00 a.m.–3:00 p.m. PT
  • 818-435-4648