There are several situations where a customer can wind up with damaged property. Businesses that involve working around or in a customer’s house, such as construction or tree service companies, are more likely to damage a customer’s property accidentally. It’s important for business owners in Green Valley, AZ, to ensure they have proper commercial insurance. 

General Liability Insurance

Many business owners are legally required to obtain liability coverage. This applies to service businesses, such as electricians, plumbers, and construction companies, as well as anyone who owns a brick-and-mortar store. 

Liability coverage will cover damage to a customer’s property if it’s your company’s fault. There are various situations where this can apply. If a tree limb falls on a customer’s car while your tree service is cutting down a tree, it’s usually covered. If a customer slips and falls in your store because you forgot to put a wet floor sign down, and they break their new phone, that’s typically covered, too. 

Deductibles

While many policies cover third-party claims, a deductible is usually applied. This is the portion you must pay before your insurance kicks in. For example, if your policy has a $500 deductible and there’s $1,000 worth of damage, you must pay the first $500, and the policy will pay the remaining $500. An agent at Insurance Center of Green Valley can help you learn more about factors that impact your deductible. 

It’s essential to know what coverage your business has in place before an incident occurs. Experienced agents here at Insurance Center of Green Valley will work with you to get you the coverage you need. Contact us to learn more. We’re currently serving the Green Valley, AZ, area.