According to recent data from the US Small Business Administration, there are over 600,000 small businesses in Arizona, which accounts for over 99% of all companies in the state. Therefore, it is possible to say that small businesses contribute to the local economy and significantly impact local communities. 

Suppose you own a small business in Arizona. In that case, you probably understand that it is essential to have proper commercial insurance that will protect your business, you as a business owner, business assets, and employees. If you are currently shopping for business insurance, there are certain specifics you should know. 

What Are the Specifics of Business Insurance in Arizona?

Here is what you need to know about commercial insurance in Arizona:

• Certain business insurance policies are required in Arizona by law. One of them is workers’ compensation. It is a form of employer insurance coverage that benefits employees injured due to their job. If your business in Arizona hires at least one employee, you are required to have workers’ compensation. 
• You can purchase several types of business insurance in Arizona, including general liability insurance, commercial property insurance, commercial auto insurance, professional liability insurance, data breach insurance, and more.
• Commercial insurance in Arizona can be beneficial for all types of businesses, including retail companies, contractors and construction businesses, food and beverage businesses, and more.

Old Pueblo Insurance – Trustworthy Insurance Company in Arizona You Can Rely On

Are you a business owner in Oro Valley, AZ, or any other nearby area, and are you shopping for commercial insurance to protect your business? Do not hesitate to reach out to Old Pueblo Insurance, a local insurance company specializing in different types of insurance, including business insurance as well. We serve clients in Oro Valley, AZ, and other surrounding towns. Our knowledgeable and qualified insurance agents will provide the information you need about insurance coverage options and help you find the perfect policy. Visit our main website or give us a call for more details. 

If you want extra protection against personal liability, an umbrella policy might serve you well. It picks up where your auto and home insurance leave off. Say you have more damage to your property than your regular policy covers. Then, umbrella insurance can bridge the gap. Contact Old Pueblo Insurance about extra coverage in Oro Valley, AZ.

What Does Umbrella Insurance Cover?

Umbrella insurance covers claims that exceed the amount of your original insurance. This commonly includes injuries, certain lawsuits, property damage, and personal liability situations. Examples of bodily injury covered by umbrella insurance include the cost of medical bills for a guest who falls in your house, a major accident you cause, and dog bites.

Property damage pays for losses of personal property. This might include vehicle damage in an accident you cause. Additionally, if you own a rental property, umbrella insurance can give you extra protection if someone trips over an ill-maintained sidewalk.

It also usually covers expenses related to libel, slander, false arrest, and mental anguish.

What Is Not Covered by Umbrella Insurance? 

"Ineligible exposures" listed on your policy are not handled by umbrella insurance. There are exclusions for certain professions, including politics. Certain breeds of dogs are also excluded, as are preexisting lawsuits.

Other exclusions include commercial automobiles, intentional property damage or bodily injury, and intentional false statements. There are nuances to consider, such as an intentional injury due to self-defense.

Get an Umbrella Insurance Policy in Oro Valley, AZ

Talk to one of our agents at Old Pueblo Insurance to learn which umbrella policy would best meet your needs in Oro Valley. Contact us today to set up an appointment.

When it comes to riding a motorcycle, there are many different safety precautions that you should take to keep yourself and others safe. One of the most essential safety measures is wearing a helmet on your bike.

A helmet is essential safety equipment that can help prevent serious injuries or death if you are ever involved in an accident while riding your motorcycle. If you don’t wear a helmet, you are putting your own health and well-being at risk and the lives and well-being of everyone else around you.

There are many different types of helmets available, so be sure to choose one that fits properly and provides the best level of protection for your needs. It’s also important to check the safety ratings of helmets to ensure that you get the best protection.

If you ride a motorcycle, always wear a helmet and other protective gear to stay safe while on the road. Not only will this help keep you safe, but it will also help protect everyone else around you.

Overall, there are many vital reasons why wearing a helmet while riding your motorcycle is so essential. It can prevent serious injuries and even save your life in an accident. If you want to stay safe while on the road, be sure to wear a helmet when riding your bike!

For more motorcycle safety tips, call Old Pueblo Insurance today. We proudly serve the Oro Valley, AZ area.

 

It’s so important for most adults to have life insurance. Being able to replace your income and provide time for grieving can be done with a life insurance policy left to your heirs. If you don’t have a life insurance policy, call us today at Old Pueblo Insurance in Oro Valley, AZ.

There are two main types of this coverage, and we can help you to pick the right kind for your needs. 

Term Life Insurance

This is one of the main types of life insurance that comes with several benefits and drawbacks. Term life insurance is just like the name suggests- it’s life insurance that is in effect for a specific term. During that term, the life insurance is in full effect in most cases, though some may take a couple of years for the full benefits to be there. This life insurance type is the most inexpensive, a major plus for many families. However, it does have a date when it will expire. After this date, you will have no coverage and will have to find a new insurance policy. 

Whole Life Insurance

This is a very different type of coverage with a higher price tag. However, you get a lot of benefits for the higher cost. The policy has no expiration date and builds a cash value over time. You can keep this policy for as long as you want, no matter how old you get. And over the years, it builds a value you can borrow against. 

Get Your Life Insurance Policy

If you aren’t covered by a life insurance policy, it’s time to get one. Call us at Old Pueblo Insurance in Oro Valley, AZ.

Running a business carries risks and liabilities. This holds true even if you have no employees. The type of business you have often determines the type of risks and liabilities that you face. As a result, commercial insurance is a good idea if you’re a business owner that wants to protect your assets and can’t afford to pay for risks and liabilities out of pocket. Our team at Old Pueblo Insurance in Oro Valley, AZ is committed to helping business owners understand the benefits of commercial insurance. 

What is Commercial Insurance?

Commercial or business insurance is designed to protect your business and assets. This includes employees, property, and situations involving liability. Every company has different needs. Commercial insurance is designed to meet the unique needs of your business.

Do I Need Commercial Insurance if I Don’t Have Any Employees? 

If you understand what commercial insurance is, this is an easy question. Commercial insurance protects against all kinds of risks and liabilities that could affect your business. Business insurance can cover property damage, income loss, lawsuits, and many other risks associated with your business. These are worthwhile benefits if you want to protect your business. Best yet, business owners can choose the types of coverage that meet the specific needs of their business and combine different forms of coverage into one commercial policy.

Our Oro Valley, AZ team at Old Pueblo Insurance can help business owners get coverage that meets their company’s specific needs. If you’re considering investing in business/commercial insurance, call us. We’d be happy to help you explore all of your options.

Umbrella insurance can help you handle expenses that exceed your liability limits and pay for legal costs if you are sued. It can provide extra liability protection if your regular policy maxes out or cover a more comprehensive range of potential accidents or incidents. 

Sometimes, you may need an umbrella policy to protect assets not covered by other policies, such as an expensive piece of equipment or an art collection. Depending on your other insurance policies, you can usually purchase an umbrella policy for a very affordable rate. For help in Oro Valley, AZ, check with Old Pueblo Insurance. 

What to Know About Umbrella Insurance 

Umbrella policies provide additional protection above and beyond what you have in your regular insurance policies. They are there to protect you and your assets in a major accident or a series of smaller accidents that add up to a significant loss. An umbrella policy can help with the costs of legal representation, compensation for pain and suffering, and reimbursement for any expenses related to the incident, such as medical bills. 

Umbrella insurance is meant to provide additional coverage if you exceed the limits on your other policies or exceed a certain amount in claims within a year. For example, suppose you have a car insurance policy with a limit of $250,000, and you cause an accident that results in $300,000 in damages. In that case, your umbrella policy kicks in to cover the remaining $50,000. 

Bottom Line 

Depending on your needs, an umbrella policy can offer various benefits, including greater coverage limits, supplemental health care benefits, or liability coverage for various circumstances. 

In addition to providing greater coverage limits, an umbrella policy can act as a “backstop” for your existing insurance plan in the event it doesn’t cover a significant cost. Reach out to Old Pueblo Insurance in Oro Valley, AZ.