Required Commercial Insurance in Texas

When you own a business in Texas, it’s important to have all of the insurance coverages that you need to keep you and your business protected. In this state, there is only one type of commercial insurance that is required in most cases, but there are several other types that are extremely helpful for businesses of various types. If you need commercial insurance, call us at Integra Insurance Services in Huntington, TX.

Commercial Auto Insurance

When your business owns a vehicle in Texas, it is required to have commercial auto insurance. There are three amounts of coverage that are required to be in these policies. The first is an amount of bodily injury liability for one person who is injured in an accident caused by your company’s vehicle. The second is a large amount that is required for all of the people who become injured in this type of accident. The third is a minimum amount of property damage liability that covers the damage to someone else’s property in an accident caused by your company’s vehicle. If you have a vehicle that is used for work tasks, but it’s not owned by the company, it should have a policy called hired and non-owned. This isn’t required, but it is a smart choice to make sure that your vehicle is covered when it is taking care of work tasks. 

Workers’ Compensation Insurance

Texas is unusual among states because it doesn’t require every company to have workers’ compensation coverage for its employees. This coverage is only required if you contract with the government. Otherwise, it’s simply suggested and not required. This type of insurance pays for the medical bills that are caused by an employee who is injured while on the job. This coverage can keep you from being sued over these bills and other expenses related to the injury. 

Call Us Today

If you need commercial insurance, give us a call at Integra Insurance Services in Huntington, TX.