Commercial Insurance in Texas
What is commercial insurance?
Commercial insurance helps protect businesses and companies from loss. Below, we will talk about some types of commercial insurance coverage available.
General liability insurance
With any business comes accidents. When accidents occur, liability insurance compensates for injury or damage to a customer's property. In a lawsuit, the insurance company pays for the legal costs.
Employees are a large part of the success of your business. Because of this, it is crucial to take good care of your employees. One of the ways you can do this is to offer worker's compensation. If your employee gets hurt from doing their job, worker's compensation can cover their financial needs and medical bills until they can return to work.
Property insurance protects against damage that might occur to the physical property of your business from fire, theft, vandalism, or weather-related causes.
Business interruption insurance
If a fire or a natural disaster stops you from running your business, business interruption insurance can help with the income you would otherwise lose.
Commercial auto insurance
Some businesses have company vehicles that keep their company running, such as delivery vehicles. Commercial auto insurance covers your company vehicles and the employees driving them.
Cyber liability insurance
In this day and age, a lot of businesses have a lot of important records online. This can make them targets of cybercrimes. Cyber insurance can help protect you against damage from cyber criminals.
Benefits of commercial insurance:
Commercial insurance is a great way to stop yourself and your company from falling into substantial financial losses. Without insurance, your business is in danger of going under or suffering financial damage.
Although Texas doesn't require liability insurance or worker's compensation, it is wise to have commercial insurance for your business. You can contact us or stop by Roberts Family Insurance in Friendswood, TX for an insurance quote.