Every business no matter how big or how small has vulnerabilities. All companies are in business to make money and many things can stop the flow of cash to your business. Commercial insurance is designed to help lessen the impact of anything that happens and help you to stay viable no matter what. Having a trusted insurance agent like Insurance Over Texas in Houston, TX can guarantee you have the protection you need when you need it. As independent agents, they can offer the finest carrier in the business.
Structuring a policy that fits your business is important. Not every business needs every type of commercial insurance. Some types however can benefit most business and they are as follows.
General liability insurance
Liability is an important coverage. No one is exempt when it comes to being sued. Legal actions are expensive and even if there isn’t a judgment against you it can be very costly for the representation you require. Without coverage, you could be forced out of business.
The state of Texas does not require workers’ compensation insurance. But, not having it opens a business up to legal action which can be much more damaging to your business’s bottom line than having the coverage. It also helps retain employees when they know they have this protection.
Property insurance protects the building that houses your business if you own it. Even if you rent, you need property insurance to protect your raw material, your office equipment, inventory, and machinery to operate your business. Your business can’t operate without these things.
If you are ready to get commercial insurance or want your current policy reviewed at Insurance Over Texas in Houston, TX we are here for you. You can reach us on the phone or at our office and we are happy to give a no-obligation quote.