One size does not fit all when purchasing commercial insurance in Queen Creek, AZ. While many companies get general liability and workers’ compensation policies, those often aren’t enough to cover all risks. Many businesses need specific policies to cover risks for their industry. If you’re wondering what you need, The Insurance Team will gladly help.
Benefits of Getting Different Types of Business Insurance
When you buy different business insurance policies, you will protect yourself against a wide range of risks that could affect your company. Although essential, a general liability policy will only protect you against claims involving bodily injuries and property damage resulting from your products, services, or operations. If you have employees, you need workers’ compensation to pay for any injuries they may incur while working. But what happens if your business has to shut down due to unforeseen circumstances, you provide bad financial advice to a dissatisfied client, or the building in which your business is housed incurs damage from a storm? Other types of insurance can cover your losses, keep you operating, and help keep your business from failing.
What Types of Commercial Insurance Policies are Available?
Many types of commercial insurance policies are available. Sometimes, you can bundle these into a business owner’s policy, depending on your needs. Consider adding the following types of policies to protect your company:
- Commercial auto insurance for a vehicle fleet
- Property insurance
- Business interruption
- Professional liability (errors and omissions)
- Cyber insurance
- Tools and equipment
- Product liability
Most businesses won’t need all these coverages, so which is the most appropriate for your needs? Ask the agents at the Insurance Team for advice. We can provide sound advice for covering myriad insurance needs for your business operating in Queen Creek, AZ and surrounding communities.