Table of Contents
- What is General Liability insurance coverage?
- Does Arizona require General Liability insurance?
- What small business might need General Liability insurance in Arizona?
- How much does a General Liability insurance policy cost in Arizona?
- How NEXT helps Arizona small business owners
What is General Liability insurance coverage?
Whether you own a construction company in Yuma, a family restaurant in Chandler or run a retail shop in Flagstaff, you’ll want the financial safety net that general liability insurance can help provide.
General liability coverage is often the first business insurance purchased by Arizona’s 641,000 small businesses who employ more than 1.1 million employees.1 It provides broad protection for common accidents that can affect any business.
A commercial general liability policy in Arizona can help provide a financial safety net after unforeseen events. It can help cover expenses for:
- Legal defense costs if your business is sued.
- If someone (other than an employee) says your business caused bodily injury.
- Property damage caused on the job.
- Some cases of advertising injury or reputational harm.
Does Arizona require General Liability insurance?
It’s a good idea to have general liability coverage, even though Arizona does not require you to purchase small business insurance. General liability can help protect you from out-of-pocket costs.
Here are some of the reasons general liability is recommended:
Financial safety
If you’re accused of causing personal injury, damaging someone’s property or have to defend your business after a lawsuit, general liability coverage can help cover costs and keep your business running.
Business development
Some clients may require proof of insurance before they’ll let you bid on their project or hire you for a job. Arizona general liability coverage helps demonstrate your professionalism.
Leasing property
A general liability policy is often necessary in Arizona to rent an office or commercial space. Many landlords will require a certificate of insurance and a minimum level of coverage before they’ll offer you a lease.
What small business might need General Liability insurance in Arizona?
The broad protection of Arizona general liability insurance can help cover costs after accidents and lawsuits around personal injury and property damage.
Slip-and-fall injuries and property damage are common. That means most businesses, from janitors in Chandler to retail stores in Goodyear, could benefit from general liability coverage.
How much does a General Liability insurance policy cost in Arizona?
General liability policies are affordable for small businesses and self-employed workers. The majority of NEXT customers pay $45 or less a month for their commercial liability insurance.**
Insurance companies price coverage based on your company’s business operations and industry. The cost of your general liability policy will vary depending on factors like your:
- Geographic location
- Profession
- Employee headcount
- Insurance claims history
The easiest way to know how much you’ll pay is a free instant quote from NEXT.
You can also use our liability insurance calculator for a general estimate of insurance costs in Arizona.
How NEXT helps Arizona small business owners
We offer a fast and easy general liability insurance quote online, and you can purchase coverage and instantly share a certificate of insurance. It usually takes less than 10 minutes.
You can also chat with our Arizona–based NEXT licensed agents if you need help or have questions.
