You may think that running your business is more important than paying adding the cost of insurance.
Nothing could be farther from reality.
After all the time and investment you have spent building your business, one uninsured peril or one lawsuit could grind everything to a halt—or even worse, possibly shut your doors.
Business insurance through Texas Auto Home can protect your investment in ways you may not have thought possible. Consider the following answers to questions we are frequently asked by our clients.
Q: I don’t have enough business or customers. Can’t I just wait to get business insurance?
A: No. The day you open your business, you could experience a loss.
As a wide range of perils exist in all parts of Texas, business insurance can protect your prosperity for years to come.
This is so much better than constantly putting your livelihood and resources at risk.
Also, please consider as well that Texas requires certain businesses have insurance to operate. Many leases also stipulate per mandate of the landlord that the occupant be insured before opening his or her doors.
If you would like to know if your business falls into one or both of these categories, call us today and we will help you identify minimum areas of coverage your operations require.
Q: I don’t have any business assets, isn’t business insurance in Texas unnecessary?
A: Your business itself is an asset, and it needs to be covered against liability, damages and losses.
If you own any property tools, equipment, computers, desks, files, you will need some sort of commercial property insurance.
The income you earn from your business also needs insurance in Texas, as it can be subject to court judgments if a lawsuit is ever filed against you.
Q: I don’t own property. I only rent. Under Texas law, do I still need business insurance?
A: We recommend you at least invest in General Liability insurance.
Q: What exactly does general liability insurance offer the Texas business owner?
A: General liability insurance protects your businesses against claims for bodily injury that result from the operations of your company, occur on your premises, or that arise from injury liability resulting from products and or advertising.
It can also include fire legal liability, medical payments coverage, and property coverage
For example, if you rent space for your business from someone else, fire legal liability covers damages you or your employees may inadvertently cause to the building.
Medical payments coverage can cover the costs of doctor and hospital bills for expenses resulting from an accident on premises owned or rented by you. These payments are made regardless of whether or not you are ruled at fault. It is an excellent way of “taking care of your employees.”
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here to read more about commercial and business insurance in Texas and the many options we at Texas Auto Home Insurance offer for
commercial auto,
commercial truck, and
commercial property insurance to businesses throughout our great state.
