Required Commercial Insurance in Arizona

There are two types of commercial insurance that are required of most businesses in Arizona. These two represent the minimum of coverage that you must have, but there are many other kinds that can be helpful for protecting your business. If you need commercial insurance, call us now at Insurance Center of Green Valley in Green Valley, AZ.

Workers’ Compensation Insurance

Workers’ compensation insurance is a type that is required by all Arizona employers when there are one or more employees of the business. This includes both part-time and full-time workers. This coverage pays for the lost wages and medical bills of employees who get hurt on the job. If you have occasional workers, independent contractors, casual workers, or domestic employees in the home, this insurance is not required. 

Commercial Auto Insurance

This type of insurance is required for every vehicle that is owned by an Arizona business. The minimum coverage required is a specific amount for bodily injury liability for a single person injured in a car accident, and another amount is required for two or more people who become injured in an accident. There is also an amount of property damage liability that is required for these policies. You can choose to add more insurance onto the minimums by getting collision and/or comprehensive insurance to pay for your own vehicle if something were to happen to it. 

Other Policies

There are many other policies that can be helpful to Arizona businesses. These include general liability insurance, which includes many types of liability coverage in one policy. There is also business owner’s insurance which also includes many types of coverage. Cyber insurance can be helpful if your business is dependent on a computer network. 

Get Your Business Covered

Make sure your business is covered by the right commercial insurance. Call us today at Insurance Center of Green Valley in Green Valley, AZ.