Arizona Personal Insurance

General commercial liability insurance provides coverage to any business for bodily injury, personal injury and property damage that might be caused by the company’s operations or products, as well as any injuries that might occur on the commercial property. A general liability claim is only triggered by either property damage (PD) or bodily injury (BI).

If someone gets hurt or their property is damaged while at your place of business or because of one of your products, these claims would be covered by your general liability policy.

On the other hand, if damage occurs as a result of the way you did your job or neglected to do your job, this is not covered by general liability but by a professional liability policy instead. Professional liability coverage protects against any damage in performing your professional services or doing your trade.

For the last five years or so, cyber liability one of the top commercial insurance concerns. This type of insurance is covers both liability and property losses that can occur if a company has an online presence or collects personal and financial data for its customers.

Any business that uses, collects, stores, or maintains any customer personal information, such as phone numbers, physical or email addresses, date of birth, social security numbers, or bank or credit card information is responsible for the security of that data.

Cyber policies protect companies from illegal data breaches and the costs associated with these breaches, including customer notification costs, credit monitoring, defense costs, industry or government fines and penalties, losses following any identity theft.

This kind of protection is necessary because we work in a world in which data is the new currency, and as a business owner you are responsible to keep that data safe. That means that you need to be protected from electronic loss and theft, just as you are for physical property.

IPA is an independent insurance agency, which means that instead of only offering the insurance products and policies of one insurance company, we have access to more than 40 different, top-rated insurance carriers and their policies.

This means that we can shop policies for our clients to get them the best option for their individual circumstances. Not only can we customize policies to meet your needs, our loyalty is always to our customers (not to insurance carriers) to find the best price in the market for their commercial insurance needs.