CFLBC - Insurance

Home
About CFLBC

Products & Services

Equipment Leasing
Transportation Finance
Vendor Finance
VendorLink Portal
Payment Solutions
Merchant Services
Credit Cards
Gift & Prepaid Debit Cards
Credit Monitoring
Insurance

Apply Now!
Careers
Contact Us

CFLBC is not just your trusted source for business financing, we are an independent insurance agency serving California business owners. Our trusted insurance professionals take the time to understand the needs of your business and match the proper coverage to those needs.

As an insurance client, you receive VIP access to equipment financing and leasing products at special discounted rates!

You trust us to understand your industry and the business challenges you face. Now entrust us to meet your commercial insurance needs. Our insurance professionals work with you to determine your specific insurance needs, then implement the right coverage to safeguard your business and reduce your liability at competitive rates.

Whatever your industry or business insurance needs, our team will find a solution. Our coverages include:

Property

All risks of physical loss provisions
Business interruption
Catastrophe
Fidelity of employees having access to your property or the property of customers
Finished goods inventory at selling price valuations
Mechanical breakdown of critical business equipment

Casualty

Business vehicle coverage, including hired auto and non-owned auto
Employment practices liability
General liability
Professional liability
Liquor liability
Workers' compensation

Business Owners (BOP)

Package policy typically combining General Liability and Property Insurance for small to medium sized businesses.
Typically includes General Liability to cover your commercial liability and property insurance for physical assets, such as contents, that are leased or owned. The package insurance policy may also cover loss of business income and extra expense resulting from a covered loss.
The General Liability insurance coverage of a BOP is comparable to a typical Commercial General Liability (CGL) policy, providing protection against claims of bodily injury or property damage for which your business may be liable.

Commercial Auto

Commercial auto liability coverage provides protection for any business-owned or leased commercial vehicle.
Policies usually include collision and damage coverage as well as coverage for property and personal damage to others.
Just like you need auto insurance for your own car, you need business auto insurance to cover your business-owned or leased vehicles.
If you, or any of your employees have an accident in your business' car, you may be liable for bodily injuries, lost wages or any damage caused.

Workers' Compensation

Protects your employees should an injury occur during the course of employment.
Payments are made to the injured party and can consist of medical payments, loss of wages or therapy.
All states require all employers to carry Workers' Compensation insurance and each state has individual laws that must be met.
At the very minimum, Workers' Compensation insurance policies will cover an employee's medical expenses and reimburse him or her for some percentage of lost wages.
Employers with one or more employees are subject to the provisions of their state's Disability Benefits Law. This law provides benefits to employees who may be become disabled because of injuries/sickness off the job or that may arise from other conditions such as pregnancy. Payments for these types of benefits are only allocated for the payment of wages, unlike that of workers' compensation which provides payment for medical costs.
Rates for these policies are dependent on the degree of hazard that each occupation carries. Each occupation is coded and defined by state laws. Premiums are determined by the amount of payroll in each occupation code and is subject to annual audit for verification.

To learn more about our property and casualty insurance, please contact one of our insurance professionals.