Want to know about Katy TX small business insurance?
The expert team at Texas Insurance Agency can help you out. We have over 40 years of experience, and we know what needs to happen. We make sure we have your needs met and not the insurance companies.
Texas Insurance Agency provides you the best advice on the type of coverage you need. There are a lot of options to choose from when you consider your insurance plans. As a brokerage firm, we also offer you the best rates and bundle options convenient for you.
Katy TX small business insurance
Katy is west of the Houston area. We have a location in Katy and Pearland. If you want a quote, just visit our website and go from there. As it concerns Katy TX small business insurance, you need to know what you get in exchange for it.
What comes under small business insurance is general liability insurance, business owner’s policy, property damage coverage, workmen’s comp, and commercial property insurance.
For any small business, it’s a good idea to get liability insurance.
Liability insurance is what protects you from any potential lawsuit that can come your way. Liability insurance can come your way if someone has an injury. That could be a team member or a customer. In the end, liability insurance is there to help you with any legal fees that can come up. Usually, when there are injuries or complaints, you can be sure a lawsuit is on its way.
When it comes to foodservice, you can bet your bottom dollar that liability will be an issue. In other areas, it can be an issue too. That could be any aviation business, auto business, or even real estate. Liability insurance covers property damage and other complaints.
Business Owner’s Policy
Our team of experts at Texas Insurance Agency suggests that it would be a good idea to get a business owner’s policy for any small or large business. A business owner’s policy or BOP helps in the best way to protect your company from any potential problems. By our standards, a BOP is the best thing to get when you’re in the foodservice industry. Aside from that, it’d be a good way to protect yourself for any business.
In addition, if you get a BOP policy, you can combine it with general liability insurance and commercial property insurance. That goes a long way to help cover the insurance costs for your small business.
For any company, it’s required by law to have workmen’s compensation. Workmen’s compensation is the part of the insurance policy where your workers have protection against any injuries or accidents at work. Workmen’s comp is there to help both the employer and the employee. For the employer, it protects against legal costs from any lawsuits that can happen. For the employee, it protects against any medical costs or any expenses that come with the injury at work. So, in a way, it’s a win-win.
Workmen’s comp has been around for 100 years at the very least. It’s a mandate from the federal government, and as such, it protects any federal workers that work for the government. It’s automatic for them. But when it comes to private companies, that may be a different story. In Texas, for example, the law does not require companies to have workmen’s compensation. But for a lot of other states, that’s not the same. A lot of companies do have workmen’s comp, and it does help in the long run.
Property damage coverage
For your Katy TX small business insurance, it’d be a good idea to have property damage coverage. Property damage coverage can apply to almost any company. Property damage coverage, which also can fall under commercial property insurance, is what protects the building from any calamity. These calamities could be fire damage, lightning storms, hail, snow, or even rain.
For your building, it’s good to have good maintenance and upkeep for the long term. The property damage coverage can help with any costs for maintenance or damage was done. It also protects against any criminal activity like vandalism or theft on your property.
Commercial property insurance
In addition to property damage coverage, commercial property insurance or CPI helps as well. Commercial Property Insurance covers the building and its upkeep, but it also covers any equipment or tools. This could be really helpful if you’re a tech company or a contracting company. Again, this coverage helps you when your pipes burst or when there’s graffiti or lost or stolen items. This insurance policy helps too when you have a sizeable company with a lot of employees and physical and monetary assets to take of.
When you consult with Texas Insurance Agency, we provide the best insurance options for you. For each business, it can be different from knowing what insurance you need. We make sure to cover each insurance option for you so you can make a good decision.
It’s crucial to remember that the amount of insurance you want depends on the type of business you have. A lot of things go into the cost as well. Also, the amount of coverage dictates the insurance cost. The cost of any one insurance plan is different from the others, and one could be cheaper or more expensive than the other.
Call Texas Insurance Agency today!
Our owners, Ronald and Jeffrey, are ready to help you. Call us or visit our website now.
Texas Insurance Agency has a lot of years of experience. We make sure to tailor the best insurance plan for you at a great rate!
If you want any more information, be sure to visit one of our locations to talk with us.
We also partner with different insurance companies. That way, we can make certain we cover your Katy TX small business insurance needs.
Fun Facts about Katy, TX
- Katy is where three other counties, Harris, Fort Bend, and Waller, meet.
- The Katy Mills Mall is 20 years old.
- Rich farming was Katy’s economy in the 1880s.
- Katy became an official city in 1945.
- To learn more about Katy, visit their website.