You have various options when it comes to Pearland TX Insurance for Business Owners. Depending on the type of business you run will depend on which coverages are right for you. However, no matter what insurance products you need, you can rely on the experts at Texas Insurance Agency. Our agents strive to bring you the very best coverage policies at the best rates. Call us today for a free quote regarding your business insurance.
If you are a Texas business owner, there are certain insurance policies you should have in place to ensure your business stays afloat. Financial losses due to a lack of insurance are among the most common reasons businesses and companies go out of business. Don’t let this happen to your business; call Texas Insurance Agency today to keep yourself, your business, and your employees protected.
What Business Insurance Policies do you need?
It’s important to note that certain insurance policies are required by law. Here in Texas, business owner’s need to have the following coverages:
- Workers Compensation
- Unemployment Insurance
- Disability Insurance
Of course, these insurance coverages are only necessary if you operate a business with employees. Workers Compensation Insurance isn’t just designed to protect your business. It is there to benefit both you and your employees. So, how does it do this?
Workers Compensation, as the name suggests, compensates your employees for lost wages. However, this is only in the event they have to take time off of work due to a workplace incident. This could include anything from slipping and falling to injuring themselves while operating equipment or tools.
What’s more, worker’s compensation will cover the cost of medical bills if the injury was severe. By not having to pay these bills and wages out of your own pocket, this coverage type is saving you from a financial loss. However, that isn’t the only way this coverage will benefit a business owner.
By having workers’ compensation in place, your employees won’t be able to sue you or your company for negligence if they do suffer an accident or injury. To learn more about Workers Compensation and what it can do for your business, call our insurance agents. We’ll help you find the right Pearland TX Insurance for Business Owners.
Additional Coverage Options
In addition to required business insurance policies, there are also several other policies in place that you may want to take advantage of. These include policies such as Commercial Property Insurance, Small Business Insurance, and General Liability Insurance.
Commercial Property Insurance (CPI)
CPI is an incredible policy to have for small businesses and big businesses alike. However, it is especially beneficial for larger companies. Commercial property insurance protects the physical assets of your company in the event of destruction or damage. This includes property such as tools, equipment, monitors, and more.
Additionally, this policy covers your property from the following occurrences:
- Burst pipers
It should be noted that damage caused by earthquakes and floods is not covered under CPI. However, if this is something you’re interested in, Texas Insurance Agency can help you find a separate policy regarding flood insurance.
Small Business Insurance
Small Business Insurance policies differ from policies designed for larger companies. They tend to be more affordable as smaller businesses come with fewer risks. Much like general business insurance, small business insurance will keep your company protected against employee claims.
Coverages such as business property damage, general liability, and workers compensation are all available under a small business insurance policy. If you’re ready to find the right coverage at the best rates, call our agents today. You won’t find better Pearland TX Insurance for Business Owners.
General Liability Insurance (GLI)
GLI can protect your business against daily concerns. It’s not uncommon or claims to be taken out against businesses. However, if you have a general liability insurance policy, your business will be protected against the cost of property damage, medical expenses, and more.
These expenses could be due to a number of reasons, such as a customer injury or an advertising mistake. What’s more, GLI is covered under Business Owners Policies or BOPs. If you’re unfamiliar with a BOP. It is a policy designed to provide business owners with several coverage types under the one policy. What’s more, BOPs make these coverages more affordable than if you were to buy these coverages separately.
However, BOPs are generally only suited for small and medium-sized businesses. Even then, your business has to meet certain criteria in order to be eligible for a BOP.
The great thing about a BOP is that you can tailor it to meet your company’s insurance needs. This insurance policy is there to help cover your business claims. If your business has a physical location that contains valuable assets, it may be in your best interest to take out a BOP. Texas Insurance Agency is here to help you do this.
Speak with our team today to learn if this policy type is right for you. Additionally, our agents will ensure your business has the coverage in place it needs.
Pearland TX Insurance for Business Owners
Here at Texas Insurance Agency, we don’t work for the insurance companies; we work for you. With that in mind, you can rely on our team to find you the best insurance policies for your business. When you partner with Texas Insurance, you’ll never have to worry about your business is at risk. We’ll ensure you have the appropriate coverages to protect all aspects of your business.
This is because we never take a cookie-cutter approach to insurance. Instead, we take the time to determine which coverages each customer needs and how we can best help them.
What’s more, we don’t just offer business insurance. We offer several types of insurance to help both your business and your personal life. To learn about the many insurance products we can provide you with, call our team today. You won’t find better Pearland TX Insurance for Business Owners.
Pearland Fun Facts
- The area was once known for hundreds of Pear Trees.
- Pearland belongs to three counties.
- The city is almost 50 square miles!
- To learn more about Pearland, visit today.