3 Reasons to Acquire Commercial Insurance in Peoria, AZ

When you own a commercial business in Peoria, AZ, there are more than a few reasons you need commercial insurance. If you don’t currently have this coverage, then you need to contact the professionals at Schaller & Thomas Family Insurance.

If you want to know more about why this type of insurance is necessary, learn more here.

Protect Your Business Assets

The top reason you should carry commercial business coverage is to protect your assets. You put time, effort and money into what you have built in acquired – all this is worth protecting. Believe it or not, coverage to protect you from a devastating loss is actually more affordable than you may think. Don’t neglect this type of coverage or your business may be put at risk.

Protect Your Employees

Your employees are depending on you. You have to have insurance to protect these individuals. These are the most important people and with the proper insurance, you can ensure they are taken care of if they are injured in the line of duty. Also, by having insurance coverage, you won’t suffer a financial burden if an employee files for workers’ compensation benefits.

Protect Your Customers

While your workers may be injured while working for you, your customers may also suffer an injury. If this happens, they can sue you can result in financial devastation for your business. With commercial business coverage, you won’t have to worry about this, as this will cover any damages or injuries that have occurred.

If you need more information about purchasing commercial business insurance for your Peoria, AZ business, contact the staff at Schaller & Thomas Family Insurance for more information. Having the proper amount of coverage is the best way to protect yourself and your business.

 

How Umbrella Policies Protect You and Your Family

Your home is a valuable asset to you and your family. That is why you protect it with quality homeowners’ insurance. With a homeowners’ policy, you also benefit from a measure of liability coverage should anyone be injured on the property. The same holds true for your automobile insurance. Your coverage protects you and your assets in the event of an accident where you are deemed liable. These types of standard liability coverage have its limits though. What would happen if someone is injured and their medical expenses exceed what is covered in your home or auto policies? Additionally, if they decide to sue you based on your negligence, the legal fees can quickly exceed what Is covered by your home or auto policy. This is where umbrella insurance comes into play. It provides an additional level of liability coverage. It is not used until the coverage of all other policies have been exhausted. It’s a tool that is there when you need it most. The agents at Schaller & Thomas Family Insurance work with homeowners’ in the Peoria, AZ area every day. They understand your concerns that your assets are adequately protected.  

When considering adding the additional protection of an umbrella policy, you will have many questions. You may even feel reticent to add another policy. The agents at Schaller & Thomas Family Insurance help Peoria, AZ area homeowners see the benefits of an additional umbrella insurance policy. By adding a low-cost umbrella policy, the amount of liability coverage and asset protection increases significantly. Your agent will be able to answer any questions that you have and demonstrate how an umbrella policy can be a good financial investment for you and your family. Why put your most important assets at risk? Call your agent today!