Find small commercial insurance Houston, TX that will fit the bill for your business with the help of Texas Insurance Agency. We are an insurance brokerage that partnered with local and major insurance companies to provide our clients with as many options as possible. We don’t work with the insurance bigshots; we work for you. Our agents will assess your risks and needs together with you to figure out the best coverage options.
Is there a difference between commercial insurance for small and large businesses?
There is a difference between insurance for small and big businesses. In a nutshell, it’s usually that the bigger and more complicated a business is, the more expensive and hard it is to get insurance for it. So, of course, the smaller the business, the easier it is to find small commercial insurance.
These days, small business insurance plans are pretty standard to meet the wants of most small businesses. They often offer a package deal that includes business property insurance, liability coverage, and business loss insurance. This can be cheaper than buying each one separately. Because these are made for small businesses with few workers and little income, the coverage limits are usually lower.
Large companies, on the other hand, usually need custom insurance plans because they face more risks, have more employees, and have more complicated ways of running their businesses. Often, they need extra types of insurance, like directors and officers liability, professional liability, workers’ compensation, and more specialized types, like coverage for terrorism or foreign travel. Large business insurance plans usually have higher coverage limits to account for the higher risks that come with them.
Texas Insurance Agency can help you figure out the best policies and coverage amount. Whether you’re a large or small company, we can connect you with the best options for your business. Contact us to schedule a meeting with our Houston office. You can also get a free quote to compare our options with others to see where we stand.
Choosing the Best Small Commercial Insurance Houston, TX
Small commercial insurance is business insurance geared toward smaller businesses with less to lose. Business insurance is a type of coverage that keeps companies from losing money when bad things happen. This policy can protect a business from a wide range of risks, from damage to property to liability claims. Usually, the following areas are covered:
- Commercial property insurance covers harm to buildings, equipment, inventory, furniture, and other business property caused by natural disasters, theft, or accidents.
- General liability insurance protects a business if someone gets hurt on its property or because of its goods or services. It pays for the person’s medical bills and any damages they are awarded.
- Business interruption insurance covers lost income if a disaster or other event stops the business from running.
- Workers’ compensation insurance protects a company from lawsuits if a worker gets hurt or sick on the job. It also pays for the employee’s medical bills and time spent recovering.
- Professional liability insurance protects businesses against claims from customers of carelessness and mistakes made by the business’s professionals and experts.
The type of insurance a business needs varies on many things, like the type of business, the industry, the location, the number of employees, and so on. Our experts can work with yours to ensure your insurance matches everything you need to protect your business’s bottom line. Contact us to hear what options are open to you right now.
Everything You Need in 1 Policy
No business is the same. What your business needs may not be what your neighbor needs and it definitely won’t be what a store on the other side of town needs. That’s why you want to tailor your coverage options and amounts to fit your business and budget. We can help with that.
Is there a policy that includes everything I need for an affordable price?
We like to say there isn’t, but BOP coverage might just fit the bill. Businesses often choose to have a Business Owners Policy (BOP) cover them. This coverage comes in a package and includes both property insurance and liability insurance in one plan. This type of insurance is usually less expensive than buying separate policies, and it is meant to meet the needs of small to medium-sized businesses.
Fire, theft, crime, and some types of water damage can’t hurt your business’s property when you have property insurance in a BOP. Things like furniture, tools, stock, and even the building itself, if you own it, can be included in this. The included property insurance can cover you even if you rent your office space.
The risk part keeps your company safe from lawsuits. It pays for your case in court, including settlements, judgments, attorney’s fees, and court costs. The BOP will pay for any costs that come up if a customer gets hurt at your business or if you hurt or damage someone at their home.
Some BOP plans also cover business interruption, which can help make up for lost income and extra costs if a covered event stops your business. A BOP does not, however, cover all types of insurance. Professional liability, auto insurance, workers’ compensation, and health and disability insurance are some of the things that it generally doesn’t cover. These need their own plans.
Let’s Get You What You Need Now
Insurance only works if you have it ready before anything happens. Arm your business with the right protection and tools with small commercial insurance options. Texas Insurance Agency can help you choose the right ones for your business.
Call our office today to schedule a meeting or get a free quote. Our Houston office is always ready to sit down with you and help you find the best options. Come in today and see what type of small commercial insurance plans are currently available to you.
Houston, Texas Fun Facts:
- Houston is so far south that it’s only had 14 measurable snowfalls since 1939.
- There’s hardly “winter” in Houston, with an average of 18 days a year where the temp drops under 32°F.
- However, when the heat turns up, it goes all the way, with the record high being 109 back in 2011.