Arizona is one of the fastest growing states in the nation. With a median resident age of 35.9, AZ boasts a workforce full of healthy, hard-working individuals.
If you own a business in Arizona, you've gotten in when the getting's good. Whether it's a construction company or a cafe, Arizona is a great place to own a business. One of the important aspects of owning a business is having insurance in place to cover and protect your business from common risks and perils and to ensure its continued success.
Arizona has an active community of numerous professionals. In fact, it's rated #2 in the nation for workforce quality and availability. This makes finding exceptional employees simpler than in the majority of states.
With such a perfect landscape for business creation and growth, industries like mining, manufacturing, and tourism are always growing. There is one common factor in all of these industries: risk. We live in a litigious society, and no matter how safe your business is, you still face risk. One of the most important ways to protect your business from litigation and liability is by purchasing business insurance.
Business insurance is a set of policies specifically designed to protect your business from some of the most common risks it faces. A typical business insurance policy in AZ may include the following:
Every business is different, and business insurance policies reflect that. There's no set price for business insurance. Since your insurance needs will differ from other businesses in your area, you'll need to provide some basic facts about your business in order to get a quote. When shopping for business insurance, be sure to be familiar with the following:
All of these factors will be considered when giving you a business insurance quote in order to tailor the policy to your needs and risks.
An umbrella insurance policy is a policy designed to extend your liability coverage, along with helping cover events that may not be covered by other policies. For example, if you have a $1 million liability policy, and you purchase a $3 million umrella insurance policy, your total liability coverage is $4 million. This umbrella coverage can extend to your business, business vehicles, and other policies.
Additionally, umbrella insurance also covers events such as false arrest, libel, cyber liability, and more. Umbrella insurance is a wise investment for businesses, no matter the type.
There are many discounts available for business insurance policies in Arizona. Below are just a few of the discounts you may be eligible for:
These are just a few of the discounts available to business owners. When shopping for business insurance, be sure to ask about any available discounts you may not be aware of.
Business insurance may seem confusing at first, but with a professional by your side, you'll get a policy that's perfectly suited to protect your business. Trusted Choice® member agents write more business insurance policies than any other brand, and our agents are always available to help you answer questions, suggest coverages, or even help you file a claim.
They have years of experience working with Arizona insurance providers, enabling them to find you a number of quotes from a variety of companies. Contact a Trusted Choice agent near you today to find the most comprehensive business insurance quotes at the best rates