Arizona Liability Coverage Insurance

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Written by Candace Jenkins
Written by Candace Jenkins

Candace Jenkins is a licensed insurance advisor with over a decade of experience. She is also a writer and loves to write on all things insurance. Candace writes for on a continuous basis and is here with the facts about all your insurance inquiries.

Reviewer: Jeffrey Green Reviewed by Jeffrey Green
Reviewer: Jeffrey Green
Reviewed by Jeffrey Green

Jeff Green has held a variety of sales and management roles at life insurance companies, Wall street firms, and distribution organizations over his 40-year career.  He was previously Finra 7,24,66 registered and held life insurance licenses in multiple states. He is a graduate of Stony Brook University.

Arizona Liability Coverage Insurance

Liability insurance is necessary for personal and business ventures alike. In 2019, Arizona had $6,937,130,000 in commercial insurance claims paid. When you own a business, the right coverage can make or break your company.

Fortunately, an independent insurance agent can help. They work with several carriers so that you get a policy that won't break the bank. Connect with a local expert for tailored quotes.

What Is Liability Insurance Coverage?

Liability insurance in Arizona will protect your home and small business. There are several coverage options when it comes to your liability protection. All liability policies will have the same foundational coverages.

  • Liability insurance: Will pay for a lawsuit arising out of bodily injury, property damage, libel or slander. It can be obtained for business and personal use. 

What Is Commercial General Liability Insurance?

Your commercial general liability insurance will pay for bodily injury, property damage, libel or slander claims. When a lawsuit occurs due to one of these instances, your policy will respond accordingly. Some losses where it could apply are the following.

  • A customer slips and falls on- the premises
  • A building catches on fire
  • A product is improperly installed, causing a water loss

What Is Professional Liability Insurance?

If you own a business that consults, advises, or provides financial services, you will likely need a professional liability policy. This coverage will pay for legal fees arising out of negligence, bad advice, and faulty consulting. Some industries where professional liability applies in Arizona are as follows.

  • Accountant
  • Lawyer
  • Real estate agent
  • Insurance agent
  • Financial adviser
  • Business broker
  • Business consultant

Business Liability Insurance

What's the Difference between Full Coverage and Liability Insurance?

A full-coverage policy is referring to your commercial auto or personal auto insurance. In Arizona, you are required to carry the minimum limits of liability when using the roadways. If you want insurance for your vehicles and more, it has to be added. Take a look at the difference.

  • Liability only insurance: This is just liability coverage at the amount preselected for your auto policy. It will pay for bodily injury per person, per accident, and property damage of another party. 
  • Full coverage insurance: This will include additional coverages that protect you on the road. Things like comprehensive, collision, towing, and more are among the optional coverages you can select.

Uninsured/underinsured motorists insurance is one that may be mandatory as well. It will protect you from an accident with an uninsured at-fault driver. Review your coverages with a trained professional for accuracy.

What Is Employment Practices Liability Insurance Coverage?

In Arizona, there are approximately 1,000,000 people employed by small businesses. When you have a team, there is a lot that could go wrong. Employment practices liability insurance can help. Check out what it covers.

EPLI will protect your business from a lengthy lawsuit. Instead of spending your hard-earned cash, your policy will foot the bill. Carriers give discounts for proactive procedures. Anything that will keep the workplace safe and secure will help you qualify for lower pricing.

What Is Liability Coverage on Home Insurance?

In 2020, Arizona had $757,869,000 home insurance claims paid. A portion of those was due to liability losses. Your homeowners policy will automatically include liability coverage. It helps pay for a lawsuit against household members due to bodily injury, property damage, libel or slander. Take a look at some instances where this coverage could apply.

  • A guest or trespasser injures themselves on your property
  • Your tree falls and damages your neighbor's roof
  • You have a pool party, and a guest drowns

How an Arizona Independent Agent Can Help

Your commercial and personal insurance policies will need careful consideration. Adequate coverage is necessary in Arizona to avoid financial hardships. Your liability insurance comes in many different forms and should be reviewed. 

Fortunately, an independent insurance agent can help with coverage and premium options. Since they work with several carriers, you'll get the best rate in town. Connect with a local expert on and start saving.

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