This glossary defines the California commercial insurance terms that come up most often in client conversations. Each entry is a self-contained explainer with the working definition, the relevant California statute or regulator where applicable, and a frequently-asked-questions section.
Browse entries
- X-Mod (Experience Modification Rate) — The X-Mod is California's workers' comp claims-history multiplier. Learn how the WCIRB calculates it, what counts as primary, and how to lower yours.
- CSLB Contractor License Bond — The CSLB Bond is California's $25,000 statutory contractor license bond. Learn what it covers, cost ranges, how to file CSLB Form 13L-31, and how claims work.
- OCIP vs. CCIP — OCIPs are owner-controlled and CCIPs are contractor-controlled wrap-up insurance programs. Learn when each makes sense for California construction projects.
New entries are added regularly. If there's a California commercial insurance term you'd like us to cover, let us know.