When business booms out-of-state

On the fence as to whether or not your business insurance needs to be changed in the wake of expansion? Contact the famously friendly humans at RIGHTSURE Insurance Group (by calling 520-917-5295) to inquire about your policy coverage and learn more about your options. (Image courtesy of Andrea Piacquadio for Pexels)

Expanding your business across state lines is a huge milestone; keep the following in mind while navigating the process:

Cost of commercial property – Whether renting or buying, consider virtual tours, and don’t forget property insurance.

Quality of hiring pool – Whether onboarding full-time employees or freelance contractors, do your homework regarding local requirements.

Special laws and regulations to learn – Set the paperwork in motion, stat, to avoid state agency backlog.

Adequacy of business insurance – Coverage is contingent upon location, so prioritize your protection, from general liability and business umbrella insurance to commercial auto coverage and workers’ compensation.

Read on for more.

– Hannah Van Sickle, The Arizona 100