Some already do. Concrete, HVAC, asbestos abatement, and tree service contractors have needed coverage since 2023 regardless of employee count. All other licensed contractors must carry coverage or a verified exemption by January 1, 2028, under Senate Bill 1455.
FAQ_category: (HIDDEN) Industry FAQs
Partially. California requires workers’ compensation insurance if you have one or more employees, and liability insurance on business vehicles. General liability, property, and professional liability insurance are not required by state law, but leases, lenders, and client contracts frequently require them.
Often, yes. Homeowners and renters policies may limit or exclude business property, customer injuries, professional services, and lost business income. Disclose your business activity and review whether a business policy or endorsement is needed.
Often, yes. Arkansas workers’ compensation rules include special provisions for contractors, subcontractors, and construction work. Customers and general contractors may also require general liability, specific limits, or a certificate of insurance before work begins.
https://www.labor.arkansas.gov/wp-content/uploads/forma_with_aff.pdf
There is no single best policy for every company. Many businesses start with general liability or a BOP. Employers may need workers’ compensation. Service firms may need professional liability. Businesses with vehicles, data, products, or expensive equipment need coverage for those specific risks.