It takes a lot to run a small business. You don’t want your company to stop flowing because you didn’t have enough finances to cover you after an accident. There are several different types of liability insurance that you may need for your small business. Insurance Center of Green Valley in Green Valley, AZ has some information you should consider when looking for commercial insurance for your small business.

General Liability Insurance

Your company should think about having general liability because it protects businesses from lawsuits as a result of an injury, accident, or negligence. If your restaurant is responsible for causing several patrons to become ill and they file a lawsuit, you may be responsible for lawyers’ fees, medical expenses, and other costs adjudicated by the court.

Product Liability Insurance

Defective products that are manufactured or sold by your company could make you liable if the product causes injury to a customer. Product liability insurance can be helpful by protecting your business from financial losses.

Professional Liability Insurance

Professional liability insurance, also known as errors and omissions insurance covers your business as a result of malpractice, negligence, or errors. Some states require physicians to maintain a minimum amount of malpractice insurance.

Commercial Property Insurance

Commercial property insurance covers business property from a variety of hazards.

• All-risk policy – covers everything except what is written in the policy.
• Peril-specific policy – covers every peril written in the policy.

Home-Based Business Insurance

Many small business owners operate from their homes. Homeowners insurance may not cover items relating to the business.

Check with the independent agents at Insurance Center of Green Valley in Green Valley, AZ to see if your homeowner’s policy covers your business property. You can also get more information on additional commercial insurance added to your current policy or begin a new one.

Having friends and family members over for holiday events at your Green Valley, AZ is always a good time. However, if someone gets hurt at the party, it can definitely put a damper on the festivities. Plus, you may be facing a big home insurance claim to cover the costs of their injuries. To make sure someone is not injured at your holiday party, make sure you remember these simple rules.

Limit where guests can roam in your home. 

Instead of keeping your entire home open and accessible for every guest at the party, it is a better idea to keep guests contained to only certain areas. For one, this keeps the guests easier to keep tabs on so they do not get into a dangerous predicament, which can be especially worrisome if your guests bring children along with them. You don’t necessarily have to make this an obvious thing; simply lock up doors where guests should not be and use a safety gate to block off stairways to different levels of the house. 

Make sure steps and walkways are free from hazards. 

Slip and fall cases are common with homeowner’s insurance claims, and they are more likely to happen outside of your home in the winter than any other time. In the winter, make sure you use deicing agents on steps and walkways where guests will be walking to get in and out of your home. It is also a good idea to keep the driveway clear of ice and snow. 

Find a sitter for your pets. 

Pets can be a big concern, especially dogs who may get uncomfortable with a bunch of strangers in the house. Therefore, it is a good idea to find a sitter for your pets so no guest gets bitten or injured. If you cannot find a pet sitter, make sure you keep your pet in a kennel for the evening or chain them up outdoors. 

For more information about preventing injuries during a holiday event at home, contact Insurance Center of Green Valley for advice.