For those located in the Green Valley, AZ area, driving a car is a practical necessity. When driving a car in the area, having the minimum amount of liability insurance coverage in place at all times is a requirement by law. While the state minimums in Arizona require you to have liability coverage, they do not provide coverage for your vehicle. One additional type of coverage that people should consider getting is comprehensive insurance. This type of insurance will provide coverage in the event your car is stolen, vandalized, or if you are involved in an accident with an animal. There are several situations in which you should have comprehensive coverage.

Valuable Car

One of the most important situations in which you will need to have comprehensive coverage in place is you have a valuable car.  Buying a car is a very big investment and purchase. Because of this, you will need to make sure it is properly covered. If your car is too expensive to replace out of pocket, having the additional coverage in place is a necessity. In a situation of theft or damage, you will receive full reimbursement minus your deductible.  

Loan Requirements

If you took out a loan to buy your car, your lender will likely require you to carry comprehensive insurance. To ensure you are in compliance with the loan, you will need to have comprehensive insurance coverage equal to at least the amount of your outstanding loan balance.  

When you are looking to build an auto insurance policy, contacting the Insurance Center of Green Valley is a great option. The Insurance Center of Green Valley is able to help Green Valley, AZ area residents better understand their auto insurance needs. They can then help anyone get into a policy that provides the right types of coverage.  

Even before the first day you open the door for business, you need to start preparing to protect yourself from risk. A single accident or natural disaster could destroy your company if you don’t have the right level of protection. If you live in or around Green Valley, AZ, you can talk to the Insurance Center of Green Valley about these important kinds of business insurance.

• Property Insurance — This coverage will protect the building and its contents including signage, equipment, furniture, and supplies. 
• Business Interruption — If there is a disaster or other major unforeseen event, your business may not be able to operate for a period of time. Business interruption insurance will help replace the loss of income you suffer during that time.
• General Liability — If someone is injured on your property or because of your products, a general liability policy will compensate the victim for any medical bills or property damage and pay for the cost of any litigation you incur as a result.
• Product Liability Insurance — If your business creates products for sale on the open market, you will need to protect yourself from any claims that people were harmed by them.
• Automobile Insurance — If your company owns, hires or leases vehicles that are used to conduct business, you need to at least have commercial automobile liability insurance to protect them and any third parties who may become involved in crashes.
• Workers’ Compensation Insurance — To protect employees, you can purchase a policy that will pay their medical bills and lost wages if they are hurt on the job.

Your business in Green Valley, AZ will have its own needs, so call the Insurance Center of Green Valley today to make a plan that best protects your business.

Businesses looking to mitigate risks and exposures from ongoing operations utilize commercial insurance to limit their financial liability. These policies are a necessity for protecting entire organizations from ruin, in case of litigation and other exterior threats. Coverage options are contingent on the inherent risks a business faces in their operating environment.

What’s Covered?

Commercial insurance is designed to help businesses mitigate the risk of loss due to potential disruptions and lawsuits stemming from certain events. These events include business interruptions from made-made or natural disasters. Theft, property damage and worker injury may also be covered depending on the circumstances. Commercial policies are intended to shield businesses from general liability issues that could damage or inhibit ongoing operations.

A qualified insurance professional can tailor coverage to meet the needs of business owners, helping to ensure that companies can continue operations in case of litigation and unfavorable judgments’. The financial strain of not having coverage can be too much to withstand.

Who Needs Coverage?

The size and the location of businesses dictate coverage amounts and options, but all companies stand to benefit from commercial insurance. This is true of home-based businesses and large corporations alike. For small business owners, commercial coverage can mean the difference between continuing operations and shutting down the company, if there is extensive litigation and liability. All business owners should consider coverage and the protection it can provide their companies.

To learn more about getting commercial insurance in Green Valley, AZ, please contact the Insurance Center of Green Valley. There are a myriad of risks facing modern businesses that can only be mitigated with the right insurance coverage. Commercial insurance can shield businesses from loss and disruptions.

You may have a commercial insurance policy from Insurance Center of Green Valley to cover any normal damages to your business in Green Valley, AZ. But it can be confusing to understand exactly what your policy covers, and if you will need additional coverage to meet the particular demands of your business.

Many businesses do work entirely at one location, with supplies being delivered to the building. Many other businesses, however, have the need to operate at locations away from the main location. They may have other locations where they store supplies, or employees may need to go from place to place to perform essential tasks relative to the business operations.

What happens if, during the course of that activity, there is an accident? For example, an employee may need to drive to another location for a delivery. If he runs a red light, he will normally be liable for the damages. However, if he was there only because he was working for your business, it is the business that will probably be held liable.

If the employee is driving his own vehicle, his insurance is unlikely to claim responsibility. You should have a commercial auto insurance policy if your employees drive while on the job. You can also obtain a more comprehensive insurance policy to make sure that outside structures and supplies are covered under your insurance policy.

In order to make sure that you have all the coverage you need, it is always best to read your policy carefully and discuss it with your insurance agent. Know the exceptions and limitations. For the commercial insurance policy that best protects your business in Green Valley, AZ, call Insurance Center of Green Valley today.