Do Different Businesses Need Different Coverage in Texas?

Small business owners have a lot on their plates. As a business owner in TX, one of the most important decisions you’ll make has everything to do with protecting yourself against the unpredictable by purchasing commercial insurance.

Every business is different, and there’s not a flawless formula to determine just the combination of commercial coverage you need. As an independent insurance agency with years of commercial insurance experience in TX, we’ve compiled a quick overview that’ll make the process a little easier.

Worker’s Compensation Insurance

The state of Texas is unique in that private employers aren’t required to provide worker’s compensation insurance. If you choose not to provide this coverage, though, you should be aware of the risks; one of the biggest advantages of worker’s comp policies is that they protect the business itself against litigation in case of injury.

Commercial Liability Insurance

This type of insurance isn’t required by law, but it’s a smart choice, also because it protects you against lawsuits. Commercial liability is most applicable when you have a brick-and-mortar store; if a customer is injured on your property, this type of insurance will cover damages and fight for you so you’re not stuck with the out-of-pocket expenses.

Commercial Auto Insurance

If your business has dedicated vehicles to transport employees and/or products, you’ll need to purchase the same level of minimum liability coverage required of all Texas drivers.

Save by Bundling Services

A Business Owner’s Package (or BOP) makes it easier for business owners to purchase the coverage they need and save money compared with the cost of individual policies. One of our independent agents would love to help you compare quotes and put together the perfect package for your business.