What Commercial Insurance is Required in Arizona?

Business owners in Green Valley, AZ should consider working with an independent agency like Insurance Center of Green Valley to get a full coverage commercial insurance plan that will protect their business and their employees. 

 If your business operates on a commercial property, maintaining this type of insurance will ensure your protection if there is a storm, natural disaster, or if the property is damaged in any other way. You won’t have to bear the financial burden in this situation because your insurance policy will cover the costs of repair or replacement. 

If you have employees, a worker’s compensation policy is required in Arizona (and most other states). This type of insurance is beneficial if an employee is ever injured on the job. This policy type will typically cover medical costs, lost wages, and more.

Protecting your business with the right amount of coverage is the best way to ensure your company will stay afloat through potential catastrophe and succeed and thrive in Arizona.

It’s a great time to launch a small business, hire employees and contribute to the local and state economy in Arizona. As you look into commercial insurance, it’s important that you are aware of the different options available to you and your business and which you will need. 

For example, if you have company assets including products, machinery, or vehicles that belong to your company, these can also be covered under certain insurance plans. 

If you need clarity, questions answered, or concerns addressed about a business insurance plan, don’t hesitate to contact Insurance Center of Green Valley. Our agents are here to help business owners in the Green Valley, AZ area and can help find a suitable insurance plan for your business.

First Steps to Take When Filing a Home Insurance Claim

Filing a Home Insurance Claim

Unfortunate home damages and disasters like floods, fires, theft, and vandalism can be devastating not only financially, but emotionally. When an incident happens, it can be reassuring if you have quality homeowners insurance coverage. But, knowing what first steps to take when filing a claim may be a little confusing. Working with a professional insurance agent will give you the knowledge and confidence to proceed with filing a claim.

The team at Insurance Center of Green Valley in Green Valley, AZ has years of collected experience helping our clients understand home insurance claims.

Steps in Filing a Home Insurance Claim

In general, the claim process unfolds in this order:

  • Police report – Cases of vandalism and theft typically involve calling the police and filing a report. Keep track of details of the incident and the name of the police you speak with.
  • Contact your insurance company – Calling your insurance agent is crucial to start the claims process after a disaster or theft. The sooner you initiate the process, the better the outcome may be for having a quick claim.
  • Immediate repair – Repair your home for temporary use, if possible, and keep records such as materials receipts to provide to your insurance company.
  • Document – Record and list damages and valuables that are missing if a theft has occurred. Being as thorough as possible and adding estimated values can help increase your claim.

Expert Insurance in Arizona

If you are in need of quality homeowners insurance or want to know more about filing a claim, contact one of our agents at the Insurance Center of Green Valley located in Green Valley, AZ. Our agents are happy to help you understand your homeowner’s policy so you can file a stress-free claim if necessary.

Is Auto Insurance Required in Arizona?

Like most states, the state of Arizona requires that all drivers must I have liability insurance in place through a company that is licensed to do business in Arizona that will cover bodily injury as well as property damage in the event that an accident occurs. The insurance agents at the Insurance Center of Green Valley in Green Valley, AZ understand the importance of auto insurance.

In addition to liability insurance, there are several other coverage options you can choose from when it comes to auto insurance.

Auto Insurance Coverage Options

Underinsured/Uninsured Motorist Coverage

Some states require that you have underinsured or uninsured motorist coverage and while Arizona does not require it, it is a good idea to have it in case you are ever involved in an accident with a driver who does not have any insurance at all or very little auto insurance.

Comprehensive Insurance

Comprehensive auto insurance coverage will help you pay for repairs or replace your vehicle if it is stolen, destroyed or damaged by a fire, or becomes a casualty in a natural disaster, such as a tornado or hurricane.

Collision Insurance

Collision insurance is important to have in place in case you are involved in a collision with a car or even an object of some sort. For example, if you back your vehicle into a guardrail this type of insurance will cover the damage to your vehicle and the guardrail.

Call For a Quote Today!

To obtain an auto insurance quote or to get your policy started right away, contact the experienced and trusted auto insurance agents at the Insurance Center of Green Valley in Green Valley, AZ today!

Required Commercial Insurance in Arizona

There are two types of commercial insurance that are required of most businesses in Arizona. These two represent the minimum of coverage that you must have, but there are many other kinds that can be helpful for protecting your business. If you need commercial insurance, call us now at Insurance Center of Green Valley in Green Valley, AZ.

Workers’ Compensation Insurance

Workers’ compensation insurance is a type that is required by all Arizona employers when there are one or more employees of the business. This includes both part-time and full-time workers. This coverage pays for the lost wages and medical bills of employees who get hurt on the job. If you have occasional workers, independent contractors, casual workers, or domestic employees in the home, this insurance is not required. 

Commercial Auto Insurance

This type of insurance is required for every vehicle that is owned by an Arizona business. The minimum coverage required is a specific amount for bodily injury liability for a single person injured in a car accident, and another amount is required for two or more people who become injured in an accident. There is also an amount of property damage liability that is required for these policies. You can choose to add more insurance onto the minimums by getting collision and/or comprehensive insurance to pay for your own vehicle if something were to happen to it. 

Other Policies

There are many other policies that can be helpful to Arizona businesses. These include general liability insurance, which includes many types of liability coverage in one policy. There is also business owner’s insurance which also includes many types of coverage. Cyber insurance can be helpful if your business is dependent on a computer network. 

Get Your Business Covered

Make sure your business is covered by the right commercial insurance. Call us today at Insurance Center of Green Valley in Green Valley, AZ.

Importance of Home Inventories

If you rent or own an apartment or home in Green Valley, AZ it is crucial to understand the importance of home inventories. A home inventory is a list of your personal belongings with an estimated financial value of each item. You can keep records of your possessions in either a notebook or a computer, with a folder of all your receipts. Keeping an inventory of your possessions is the best way to get the most out of your home or renters insurance policy. They not only make filing a claim easier but ensure the protection of all your belongings.

Home Inventories Help You Decide on a Policy

Having an updated, accurate list of all your possessions makes it easier to see how much coverage you actually need. Home inventories will help you and your insurance agent find the best possible coverage for you and your belongings.

Makes Filing a Claim Easy and Stress-Free

Natural disasters are frightening and stressful events, especially when your belongings are damaged. If you don’t have a list of your possessions, it can be challenging to remember what you lost and the value of the damaged items. However, having a well-thought-out inventory makes it easy to file a claim.  You can efficiently assess what you lost and get compensated for all of your possessions.

Substantiate Financial Losses

After a natural disaster, you may be eligible for a tax break or disaster assistance, depending on how much you lost. A home inventory with documented values of each item is the best way to prove how much you lost financially during the catastrophe.

If you are looking for more information on renters or home insurance, please contact our office at the Insurance Center of Green Valley, serving Green Valley, AZ.

Is Auto Insurance a Necessity?

Living in Green Valley, AZ requires one to own a prolific mode of transport. One of the most available modes of transport is the car. Car ownership in Green Valley, AZ is a sense of freedom and endless adventuring opportunities. Irrespective of all these advantages, being a car owner presents itself with inherent risks. Therefore, it’s paramount to source formidable auto insurance to safeguard you from imminent perils like vandalism and theft. Getting the right auto insurance in Greenvalley can sometimes be a daunting task. Car owners are stressed with questions like how much insurance my car needs? How can I get affordable premiums? To avert a frustrating hassle for your car insurance, contact our agents at the Insurance Center of Green Valley today. Our agents will simplify the process of buying outstanding auto insurance, meeting your needs and budget. Buying car insurance is an absolute necessity that is beneficial in the following ways:

Liability protection

An adequate auto insurance coverage will accord you solidified liability protection. Even if you are an experienced driver, there is a likelihood of propagating an accident that may culminate in massive damage and injuries. If you don’t possess liability coverage, you will be forced to pay for damages and injuries out of pocket. Luckily, car liability insurance can offset this risk.

Coverage for assets

One great way of safeguarding your asset, in this case, your car, is through procuring the right auto insurance coverage. Any Green Valley AZ resident who buys a new or used car will be making a massive investment that needs to be adequately guarded. If you invest in both comprehensive and collision policies, it will cater to repair or replace your car after damage or theft in different ways.

It’s a legal requirement.

Most states, including Arizona, require motorists to maintain car liability insurance that meets specific minimum requirements if they get engaged in an accident. These advocated minimum requirements by the state of Arizona, including bodily injuries and property damage.

Any car owner in Green Valley, AZ needs to get formidable auto insurance to protect themselves and their precious asset. If you are looking for auto insurance coverage, don’t hesitate to speak with our agents at the Insurance Center of Green Valley and get valuable information about an auto insurance policy.

What Does Commercial Auto Insurance Cover?

Running a Green Valley, AZ business is a considerable investment for owners. Not only have you put a lot of money into setting it up and operating the business, but you have also put a lot of time and effort into its success. With so much put into a business, you want to ensure everything is protected, including any vehicles used for business-related activities. 

The Insurance Center of Green Valley experts know how important it is to protect yourself and your business. So give them a call to discuss your business needs and learn more about commercial auto insurance coverage. 

Commercial Auto Liability Insurance

Vehicles used for business purposes and registered in the business’s name are covered should one of your company vehicles cause an accident. Liability insurance covers the financial responsibility should you or one of your employees cause an accident while driving a company vehicle. In addition, liability insurance includes bodily injury and property damage coverage protection. 

Contractual Liability

Your commercial auto insurance policy covers all vehicle rentals and lease agreements. Commercial auto coverage for rentals excludes rental cars with a hired driver and those with a motor carrier. For example, if an employee rents a vehicle on your behalf for business-related purposes, the policy would cover it. 

Loading and Unloading

Commercial auto insurance policies typically cover the loading and unloading process when picking up or delivering an item. However, once the item has been delivered to its destination, insurance coverage ceases, and a general business liability policy takes over. 

Running a business in Green Valley, AZ means you need to protect all of your assets, including your company vehicles. Reach out to the Insurance Center of Green Valley experts for additional information about purchasing a commercial auto insurance policy today. 

Should everyone in Arizona get a home insurance plan?

People that are in the Green Valley, AZ area should consider owning a home. Those that are property owners in this area of the state will enjoy having a consistent place to call home while also benefiting from price appreciation that occurs over the years. If you want to purchase a home in this area, it is very important that you get the right coverage for it. Everyone in this area of the state should get insurance for a few reasons. 

Protect Dwelling and Assets

A primary reason that you should get home insurance is so you can get the proper protection for your assets. With a home insurance plan, you will get coverage that you need to ensure you can repair your home if you incur serious damage. Further, the plans include a provision to provide support and coverage for any of your personal assets.

Insurance is Often Required

You should also get insurance for your home as it could be a requirement in a lot of situations. Those that take out a home loan or live in a home association often have specific insurance standards that need to be met. In most cases, you will also need to provide evidence of coverage. If you are not covered by insurance, you could be penalized. 

If you are in the Green Valley, AZ area, you should always have a proper insurance plan in place. As you are looking for an insurance plan in this area of Arizona, calling the Insurance Center of Green Valley would be a great decision. If you are going to call the Insurance Center of Green Valley, you can learn a lot about your different insurance options and get the help needed to choose an ideal plan. 

When To Shop For New Auto Insurance

Auto insurance is a special type of monthly expense. Because auto insurance is necessary to operate your vehicles legally, you want to always make sure you are getting the best possible deal on this mandatory service. At the Insurance Center of Green Valley, serving Green Valley, AZ, we can help you make the best insurance choices. Keep reading to find out when you should be shopping for new auto insurance. 

As You Age 

As you grow older, your insurance rates will start to drop. It is important that you shop around to find the best deal possible. If you have been with your current insurance company for a while, check out a few other providers to find out if you are now old enough to start qualifying for discounts. 

Getting Married

If you have recently gotten married, you may want to consider combining your auto insurance with that of your spouse. Combining insurance can save you money each month, not to mention, it is easier to deal with one payment than with two. 

Adding A New Driver

If you have teenage children, you will be required to add them to your policy when they reach driving age. For some states, teens must be added as soon as they have their learner’s permit. You need to check with your local government to find out what is required in your area. There are often discounts available for students who maintain a good grade point average to help offset the increased insurance rates for covering teenagers. 

Once A Year

Many drivers like to shop around for new insurance rates at least once a year. This helps you stay on top of the best deal available. 

If you would like more information concerning our insurance services, please contact our office at the Insurance Center of Green Valley, serving Green Valley, AZ. 

Required Commercial Insurance in Arizona

For businesses in Arizona, there are two types of commercial insurance that are required by the state. In addition, there may be other types of insurance that you need to protect the business, depending on the industry. If you need commercial coverage, call us at Insurance Center of Green Valley in Green Valley, AZ to find out more. 

Commercial Auto Insurance

If your company owns a vehicle, it is required that you have a commercial auto policy on that vehicle. This insurance policy must meet the mandatory minimum amounts for bodily injury liability and property damage liability. If your business has a car that it uses for work, but it is not owned by the company, it is suggested that it be covered by a hired and non-owned policy that is made precisely for vehicles like that. This protects you from having a personal auto policy that won’t pay out after an accident. 

Workers’ Compensation Insurance

If your business has one employee or more, it is required to keep workers’ compensation insurance for those employees. This is true even if you have just one worker who is part-time. There are some exceptions for specific types of workers and specific industries. For domestic workers that only work in the home, you are not required to have workers’ compensation for those workers. You are also not required to have it for people who only work occasionally or casually or who are independent contractors. 

Get Your Commercial Policies

If your business needs a commercial insurance policy, contact us today at Insurance Center of Green Valley in Green Valley, AZ. We can recommend helpful policies that can help to protect your business as well as help you with mandated commercial policies.