Your Business Is at Risk Without the Right Insurance
Every business, no matter what size it is, needs insurance for liability and property. Otherwise, you are putting your investment at risk, and you are putting your employees who rely on you at risk too. Common reasons to take out business insurance include:
Property damage from fires, storms, floods, and earthquakes
Vandalism and theft
Legal judgments for financial damages
Accidents and injuries on the premises
Business vehicle accidents
Without business insurance, you would have to cover these challenges out of your own financial reserves. Fortunately, at TD Insurance, we have many business insurance options for you, whether you’re a small startup or a well-established Phoenix corporation.
Every business has different needs when it comes to insurance. In order to make sure we tailor a policy to your unique business, we will ask you about:
The type of business
Location and branches
Number of employees
Size of payroll
Safety training at the workplace
Plans for the future
Special coverage needed
Insurance claims history
This insurance is similar to homeowners insurance for your business premises. It covers the structure and its interior in case of fire, storms, theft, and vandalism. We often recommend adding flood or earthquake insurance, depending on your location.
Your business vehicles must be covered by a business auto policy, not your personal auto policy. This covers you, employees, your vehicles, and personal property in the event of an accident. We recommend full coverage, which includes liability, collision, and comprehensive insurance to protect you from a wide range of emergencies. Business auto insurance also covers you and employees when you use rental vehicles for work.
Also called commercial liability coverage, this insurance protects your business if someone is injured or loses their life on your premises. It can also be customized to offer protection in the event of wrongful termination, errors and omissions, and discrimination. You can add even more liability coverage with a business umbrella policy.
Workers compensation insurance covers your employees if they are hurt on the job. It pays for medical care, disability, and lost wages, which also protects you from lawsuits in these matters.
When your work entails promises or contracts, you may want a bond in case you or a subcontractor cannot make good on the agreement. Bonds are used widely in construction and many trades, and we also have bonds available for accountants, public officials, and many similar professions.
We offer business insurance with a personalized touch so you always get policies that suit your unique company. Call us at 602-254-3208 to learn more, or get in touch online for a quote. Don’t put your hard-earned investment at risk by going without the proper insurance. Reach out today.