Business Insurance in Peoria, AZ
It is important as a business to protect yourself. Business insurance can protect you from lawsuits, accidents, natural disasters, and more. Making sure that when a problem strikes, you won’t be run out of business. We know how hard it is to start a business and keep it running and we want to make sure that you are protected.
Business insurance is there to make sure there are no gaps in your coverage and to protect both your personal and business assets. As a business owner there are some requirements you legally need to have to run your business. An example is the Federal Government requires every business to have workers compensation, disability, and unemployment insurance coverage. Also, some states can require additional insurance for your business. Here are some types of insurance available; general liability insurance, product liability, professional liability commercial property, home based business and business owner’s insurance.
More businesses are being sued for a multitude of things so having general liability insurance is important. General liability insurance offers coverage in areas such as bodily injury or property damage, advertising errors, medical payments, damage to your rental property, reputation damage and settlement bonds.
If your business deals with products, then product liability insurance is important. Product liability insurance offers protection if an injury or damage occurs from one of your products. This can also cover contractors if an injury occurs after a job has been completed.
If you have a business that provides service to customers, then Professional Liability Insurance is essential. Professional Liability Insurance helps protect your business from financial loss, negligence, errors, or malpractice.
If you own a commercial property, then you will need Commercial Property Insurance. This insurance protects your business if you have damage or loss of company property. This can be from vandalism, weather events and more.
Do you run your business out of your home? If so then a Home-Based Insurance is something to consider. Home-Based Insurance offers additional home protection from any business equipment or an injury occurring from a third party.
Another option for a home-based business is a Business Owner Policy. This is a bundled insurance that offers coverage for all property and liability risks combing typically coverage that you may need and can often save you money.
Don’t navigate business insurance by yourself, give us a call today and let us help make sure you have the right coverage for you and your business.