If you want to register and operate a motor vehicle in Arizona, including the Phoenix area, you are required to purchase at least the minimum liability insurance. This coverage protects you and other motorists if you are at fault in an accident. Rather than having to pay for medical care or property damage out of your own pocket, which most people can’t afford, your auto insurance covers the expense.
Every year in Arizona, people pay millions in damages or even lose their homes to unpredictable events, like fires and storms. There’s no reason to pay for repairs or rebuilding out of your own pocket when homeowners insurance is available to reimburse you.
Have you ever wondered what would happen in the event of your sudden passing? In your absence, you want your loved ones to be taken care of. Life insurance helps with that by making life easier for your beneficiaries.
Every business, no matter what size it is, needs insurance for liability and property. Otherwise, you are putting your investment at risk, and you are putting your employees who rely on you at risk too. Common reasons to take out business insurance include...
Workers Compensation Insurance
Workers compensation insurance covers your employees if they are hurt on the job. It pays for medical care, disability, and lost wages, which also protects you from lawsuits in these matters.
Commercial Liability Insurance
Also called commercial liability coverage, this insurance protects your business if someone is injured or loses their life on your premises. It can also be customized to offer protection in the event of wrongful termination, errors and omissions, and discrimination. You can add even more liability coverage with a business umbrella policy.
Your homeowners policy will cover liability to a certain amount. You can add more liability protection with a personal umbrella policy that would start where your homeowners coverage leaves off. We frequently recommend this for dog owners and high net worth individuals.
If you are in an area that experiences flooding, you may want this coverage for your property. Flood damage isn’t typically covered with your homeowner policy.
Earthquake Insurance
This insurance is similar to homeowners insurance for your business premises. It covers the structure and its interior in case of fire, storms, theft, and vandalism. We often recommend adding flood or earthquake insurance, depending on your location.