Insurance questions, answered plainly

There is no single best policy; most start with general liability.

Usually general liability, property and business interruption, bundled.

The work, payroll, revenue, claims history, limits and location.

Your own property, injuries to your own employees, professional mistakes, your vehicles and harm you cause on purpose. Most of those gaps have their own policy: property coverage, workers compensation, professional liability and commercial auto.

No. Injuries to your own employees are a workers compensation matter, bought as its own policy, and Arizona law brings almost every employer with regular employees under it.

Full coverage usually adds comprehensive and collision for your own car.

Not if your lease requires it; otherwise it is your choice.

Liability of at least $25,000 for one person’s injuries, $50,000 for all injuries in one accident and $15,000 for damage to other people’s property, for policies issued or renewed since July 1, 2020. Damage above your limits can fall to you.

No. A standard homeowners policy does not pay for flood or earthquake damage; coverage for either is bought separately, which is worth knowing before monsoon season.

Often worth asking about: one insurer writing both may offer a multi-policy discount. Compare the bundle on the same coverage as two separate policies.