Commercial Insurance in Arizona
Do I Need Commercial Insurance?
The only thing you can honestly count on in business is that there will always be a risk. Insurance gives you a way to safely manage that risk, protecting yourself and your assets so you can do the work you do best without worrying.
Business Owner Policy (BOP)
The smart choice for small business owners is often a policy that combines the most critical kinds of protection in one policy, which can also offer both convenience and cost savings. At Giles & Iten Insurance in Surprise, AZ, we assist business owners, so they can create a package that is tailored to their individual business needs.
Whether you rent or own, you will need a policy that protects your building and its contents. This kind of insurance will also usually cover other contents, like furniture, but you will probably need extra insurance if you have products or commercial machinery that you need to protect.
General Liability Insurance
While Arizona does not require business owners to carry liability insurance, even a relatively small claim can cause a big dent in your company budget if it comes at the wrong time. A massive lawsuit could cause your company to lose more than it can afford, and Arizona doesn't have rules limiting the judgment in a lawsuit. This kind of insurance can be surprisingly economical, especially considering the risks it covers.
Commercial Auto Insurance
Depending on your circumstances, your small business may not need to carry commercial auto insurance. However, it is vital to have this coverage if you do need it. There are several kinds of circumstances that make this a necessary policy, such as if your business transports people or products, or if your business operates a commercial motor vehicle.
If you have any questions about whether your business has the necessary coverage, you can call Giles & Iten Insurance in Surprise, AZ today for a free consultation and evaluation of your unique circumstances.