San Marcos Insurance Group in Chandler, AZ is in the insurance business to protect businesses by sustaining businesses and the livelihoods of its owners.  A  small business is a company with less than 500 employees. In Arizona, there were 488,456 small businesses.  In 2011, Forty-seven percent of the states private-sector jobs were employed in a small business. Therefore, commercial liability coverage is critical for Arizona’s small businesses.

What are the insurance needs of a particular business? Each business has its unique product being promoted by mom and pop stores or corporations.  San Marcos Insurance Group agents examine the business with its owners to determine what insurance coverage is needed that will address financial losses due to a fire and even loss of business reputation. 

Other important considerations include the business location employees, the Gross annual revenue, does the business rent or own its vehicles, and does the business rent, lease, or own the businesses’ building.

The commercial insurance instruments would include:

*   Commercial General liability policy
*   Workers’ Compensation
*   Business Owners Policy (BOP)
*   Cyber Insurance
*   Commercial Auto Insurance
*   Professional Malpractice Insurance
*   Directors and Officers Insurance

Commercial General Liability Insurance

In Arizona, commercial general liability insurance is not mandatory. However general liability insurance protects your business from claims of another person or business. The policy will also pay for property damage to your client’s server resulting in data loss, claims of a bodily injury which seeks the payment of medical costs due to a client being injured on the business premise or even any damage to the reputation of your client.   

Business Owners Policy (BOP)

A general liability policy only protects your client’s damage to his or her property. A Business Owners Policy (BOP) will protect your property,  especially if you own the businesses building.  The type of the owner’s business includes, such as computers, printers, and furniture from damage as a result of a fire or a flood, and protects the business as a result of dishonest employees.  

The agents of San Marcos Insurance Group in Chandler, AZ will walk you through all your business insurance needs.  Please call for an appointment!

If you are getting married soon you know that there are a thousand little details that go into planning a wedding. However, few couples realize the many more small and large details that go into planning a life together. Life insurance may not be at the top of your wedding planning to do list, but it should definitely be on your, "things to discuss before we get married list." Here are few life insurance topics that you should discuss with your soon to be new spouse. 

Do We Have Life Insurance?

You would be surprised at how many couples have never even discussed with their significant other their current life insurance coverage. This is important information to know because a spouse is almost always the beneficiary on a life insurance policy. If you or your fiancee do not have life insurance at all, then this is a great time to start looking into policies together. 

How Should Coverage Change After Marriage?

Many life insurance policies will offer a different rate for a married couple than for a single person. There are many reasons for this. But if you do already have an existing life insurance policy then you should talk with your life insurance agent about how your plan should change now that you are getting married and how you should add your spouse to the policy. 

Should You Increase Coverage After Marriage?

Many people determine that life insurance coverage should change somewhat after marriage to reflect the financial needs of each spouse. For instance, if you want to make sure that your spouse and children are provided for your coverage will look much different than that of a single person who has no such concerns. 

If you would like to speak to an insurance agent about these or other topics, please contact us at San Marcos Insurance Group in Chandler, AZ.