Business/Commercial Insurance

Businesses cannot expand without an appropriate insurance policy to protect them. For example, liability coverage is necessary if an employee accidentally causes damage to a customer’s personal belongings. If you do not have the required coverage, you will have to come out of pocket for any repairs. We are here to help you find the best policy here at The Firebird Agency.

Commercial Insurance Requirements

While other policies may not be required, most states do require businesses to obtain workers’ compensation insurance if they hire employees regularly and have at least one employee working full-time or part-time. Some exceptions consist of casual, occasional, or independent workers.

Many states also require commercial businesses to obtain auto insurance for their commercial vehicles and meet minimum policy limits.

Additional Coverage

Additional commercial insurance policies businesses can take advantage of include:

• Flood insurance- This will help pay for flood damage expenses that your business has sustained.
• Property insurance- This will help protect your businesses' leases, including equipment, furniture, and inventory.
• Umbrella insurance- This will add an extra layer of protection and help your businesses when costs exceed your regular policy limits.
• Data breach- This will cover expenses associated with data breaches.
• Fidelity and surety bonds- This will help you manage any risk within your business transactions.
• EPLI Coverage- Covers businesses against claims by workers that their legal rights as employees of the company have been violated.

While our offices are located in Arizona and California, we are licensed all over the country.