{"id":161,"date":"2019-11-26T03:00:00","date_gmt":"2019-11-26T15:00:00","guid":{"rendered":"https:\/\/www.sanmarcosinsurancegroup.com\/blog\/?p=161"},"modified":"2019-11-26T13:58:50","modified_gmt":"2019-11-26T19:58:50","slug":"three-mistakes-you-need-to-avoid-regarding-your-commercial-insurance-policy","status":"publish","type":"post","link":"https:\/\/www.sanmarcosinsurancegroup.com\/blog\/three-mistakes-you-need-to-avoid-regarding-your-commercial-insurance-policy\/","title":{"rendered":"Three mistakes you need to avoid regarding your commercial insurance policy"},"content":{"rendered":"

Having a good commercial insurance plan can save your company in the event of an emergency or accident. Unfortunately, a lot of business owners make mistakes that drastically limit what they get back from the investment they make in commercial insurance.<\/p>\n

If you’re a Chandler, AZ business owner on the market for the right commercial insurance policy, we’re here to help at San Marcos Insurance Group. We advise customers to avoid the following three commercial insurance mistakes: <\/p>\n

Overlooking required insurance types<\/h2>\n

The most important thing when it comes to commercial insurance is meeting legal requirements. Some business types are required to have commercial insurance to legally operate. This is especially true when it comes to situations where you’re driving a commercial vehicle or hiring employees.<\/p>\n

When you drive a company vehicle, you require a special commercial auto insurance policy. Also, companies with employees are generally required to have workers compensation insurance. <\/p>\n

Focus first on finding out what types of commercial insurance you need by law to avoid penalties and fees. <\/p>\n

Being unaware of exactly how your policy works<\/h2>\n

Insurance can be a complicated product. You really need to weed through the details and read the small print to understand what you’re getting in a commercial insurance policy. Make sure you understand all pertinent factors like how your deductible works and how much coverage you’re getting for various incidents before you agree to a particular policy. <\/p>\n

Having no business interruption coverage<\/h2>\n

A lot of business owners, unfortunately, overlook business interruption coverage. This is compensation for the revenue that is lost during periods after an accident when a company can no longer carry on business as usual. Business interruption coverage is essential to have because it ensures continued revenue regardless of what happens to your company. <\/p>\n

If you’d like more information on finding the right commercial insurance for your company, contact us at San Marcos Insurance Group for information on our Chandler, AZ policies. <\/p>\n","protected":false},"excerpt":{"rendered":"

Having a good commercial insurance plan can save your company in the event of an emergency or accident. Unfortunately, a lot of business owners make mistakes that drastically limit what they get back from the investment they make in commercial insurance. If you’re a Chandler, AZ business owner on the market for the right commercial insurance […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[5,6],"class_list":["post-161","post","type-post","status-publish","format-standard","hentry","category-insurance","tag-chandler-az","tag-san-marcos-insurance-group"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.sanmarcosinsurancegroup.com\/blog\/wp-json\/wp\/v2\/posts\/161","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sanmarcosinsurancegroup.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sanmarcosinsurancegroup.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sanmarcosinsurancegroup.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sanmarcosinsurancegroup.com\/blog\/wp-json\/wp\/v2\/comments?post=161"}],"version-history":[{"count":1,"href":"https:\/\/www.sanmarcosinsurancegroup.com\/blog\/wp-json\/wp\/v2\/posts\/161\/revisions"}],"predecessor-version":[{"id":162,"href":"https:\/\/www.sanmarcosinsurancegroup.com\/blog\/wp-json\/wp\/v2\/posts\/161\/revisions\/162"}],"wp:attachment":[{"href":"https:\/\/www.sanmarcosinsurancegroup.com\/blog\/wp-json\/wp\/v2\/media?parent=161"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sanmarcosinsurancegroup.com\/blog\/wp-json\/wp\/v2\/categories?post=161"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sanmarcosinsurancegroup.com\/blog\/wp-json\/wp\/v2\/tags?post=161"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}