Are you searching for a League City TX Small Business Insurance policy? If so, don’t hesitate to contact Texas Insurance Agency. Our team of experienced insurance brokers has the expertise you need. Moreover, we work with only the most reputable insurance companies in the industry.
The professional team at Texas Insurance Agency has been in the business of serving clients in the Greater Houston area since 1999. In that time, we have helped thousands of satisfied clients find the insurance policy that provides essential coverage for their business.
The fabric of America is made up of small businesses. In fact, it is the family-owned business that is so deeply ingrained in the American psyche that without it this country would not be the same. With the right insurance coverage, you can protect the future of your business.
Find the right League City TX Small Business Insurance for your business today!
What is Small Business Insurance?
The same type of insurance that is available to large corporations, can also be used to the benefit of small businesses. However, it will be on a much smaller scale. Small businesses do not have the investors, inventory, income, or number of employees that large companies do.
Nevertheless, small business owners can invest in the purchase of policies like worker’s compensation, business income or property insurance, general liability, commercial auto, or any number of supplemental plans.
The size of your business will ultimately make a difference when it comes to premiums and deductibles. However, insurance policies for small businesses are usually much cheaper than they are for large companies.
The type of insurance you purchase will largely depend on what type of industry you work in. For instance, if yours is a construction company and employee injury is a high likelihood, you will probably want an excellent worker’s compensation insurance policy.
There are a number of insurance policies you can purchase that will lower the financial impact of certain situations and circumstances that happen. The unexpected is a normal condition of life and work. As a result, this setting makes small business insurance a crucial part of staying afloat in tough times.
Types of Small Business Insurance
Worker’s Compensation
If you have been in a blue-collar job for a while, chances are you’ve seen that sign in the break room that says “x number of days without an accident.” But what happens when an employee does sustain injuries on the job.
Every job comes with a certain probability of injury. Whether you own a grocery store or construction company, you will want a worker’s compensation policy to protect you when you face an employee lawsuit.
For instance, if one of your roofers becomes injured due to faulty equipment, you could be held responsible. Your liability in the matter depends on the circumstances behind the accident and whether the accident is a result of negligence or misconduct on your part.
The bottom line is that worker’s compensation will help you cover the financial aspects of the claim. These include settlement, court or attorney fees, and medical expenses.
Commercial Auto
If your company is one that performs services at the homes of clients, then it is likely that you have a commercial vehicle. Does this sound like you? If so, you will want to consider the purchase of a commercial auto insurance policy.
Your vehicle is a crucial part of what keeps your business afloat, so choosing a reliable insurance plan is essential. Like most auto insurance policies, commercial auto insurance is available in liability only and full coverage. However, if your vehicle really is your lifeline for the business, it is ideal to purchase a full coverage policy.
League City TX Small Business Insurance provides coverage for your small business.
Business Income
Every business owner wants the peace of mind that comes with having an insurance policy that protects their income during difficult times. Whether a fire, theft or other natural disaster leads to damage and you, have to close your business, having a business income insurance policy can help you pay the bills. Monthly bills might include things like rent, payroll, electricity, and other expenses.
Business Property
Your business is probably the sole source of income you have. So, why not take extra measures to protect it in the event of theft, vandalism, or damage? Business property insurance can provide compensation for inventory, building damage, equipment, tools, and other essential aspects of your business. Make sure your business is covered fully by insurance. Speak with your agent today about what comprehensive coverage might look like for you.
Professional Liability
Also known as an ‘error and omissions’ policy, professional liability provides coverage for mistakes you make while conducting business or performing services for clients. If you knowingly leave out the fact that a car you are selling was in a flood, you are purposefully misrepresenting that car’s history. What if a customer who purchased the car finds out about your omission of information? They might want to return the vehicle.
In this instance, since you knowingly omitted information, you will likely be held liable. Having a professional liability insurance policy can help you be prepared for those moments when your business faces the consequences of a slip-up.
General Liability
When a customer receives an injury due to negligence or misconduct on the part of your employees, you could find yourself facing a lawsuit. General liability insurance can provide coverage of medical expenses, settlement, and court or attorney fees. Additionally, if you accidentally cause damage to a client’s property, this type of insurance policy can also help.
League City TX Small Business Insurance
League City TX Small Business Insurance
For more information about Texas Insurance Agency, visit our website! There, you can also read our blog, receive a free quote, and see our locations. Don’t hesitate to contact Texas Insurance Agency when you need League City TX Small Business Insurance.
League City, TX Fun Facts:
- League City has the third largest boating anchorage in the nation.
- This city was named among the top best small cities in the nation, by Money Magazine in 2006.
- Sports provide a primary revenue stream for the city.
- For more information about League City, TX, visit the city’s website!
