COMMERCIAL AND SMALL BUSINESS INSURANCE

Accidents, illnesses, lawsuits…If you're in business, you're exposed. While the number of risks you're exposed to is almost unlimited, you might only need a few basic coverages to start out. For example:

General Liability insurance - All small businesses, old and new, need general liability insurance. It's basic liability protection that guards against things like accidents, injuries, property damage and lawsuits.

Commercial Auto insurance - If you use vehicles for work, you'll need commercial auto insurance to be fully covered. Personal policies don't usually cover work related incidents. You may enjoy reduced rates if you combine this with General Liability!

Most businesses quickly realize their needs extend beyond basic liability and commercial auto insurance. Certain jobs require specific coverages, employees need protection, and a number of risks fall outside the protection of basic liability coverage.

When business insurance coverages are packaged together, it's often referred to as a Business Owners Policy. Additional coverages in a Business Owners Policy might include:

• Property - This can protect your commercial buildings and most of your personal property. Both of which are not covered by liability insurance. Liability normally covers other people's assets, not yours.
• Workers' Compensation - If you have employees, you'll need to carry workers' compensation insurance to be legal. It can pay for things like medical costs and lost wages of employees who become ill or injured on the job.
• Professional Liability - Do you give professional advice or provide a professional service? If so, you should probably carry professional liability insurance.
• Business Insurance for Contractors - We cater to the special needs of contractors. We offer some coverages, like general liability, as a standalone coverage for contractors who don't need a full business owners policy. Call our Chandler office (480) 930-4155 or our Payson office (928) 474-3701 today to learn more about what we can offer contractors.