If you own a business in Chandler, AZ, you can’t avoid business liabilities. For this reason, you must buy general liability insurance from San Marcos Insurance Group. Liabilities form a significant component of risks facing a business. Think of advertising injury, property damage, bodily injury, and so on — indeed, the ubiquitous nature of liabilities means businesses must cushion themselves with commercial insurance.
But is commercial insurance all about liabilities? Definitely not. Commercial insurance is broad and covers other facets of your business. Below are additional areas covered by commercial insurance.
Your business owns assets, right? If you don’t have a building, you have properties like inventories, computers, furniture, fixtures, and so on. And because accumulating these assets has taken time and resources, you need to protect your assets with commercial property insurance. This way, you don’t have to start from level zero when perils like fire, theft, and hail devour your assets.
Workers’ comp insurance protects your employees from illnesses and work-related injuries. Besides, this coverage covers your employees’ partial loss of income if they can’t resume work due to their injury or sickness.
Do you store sensitive customer data? Does your business have an online presence? If yes, you need cyber insurance to safeguard your business against malicious online activities. This coverage covers notification costs, negotiation costs, legal charges, and other cybercrime-related costs.
Whether you own a traditional, online, or home-based business, commercial insurance is the safety net you turn to when the unthinkable happens. While it covers your business against liabilities, it offers much more protection beyond liabilities.
Get commercial insurance today!
Would you like to own a business that will stand the test of time? If yes, then you need to consider commercial insurance. If you are in Chandler, AZ and its environs, please get in touch with San Marcos Insurance Group for an affordable business insurance quote.