At Your Local Agent, we’ve become experts in assessing the challenges and opportunities that come with managing a business in various industries, locations, and personnel throughout Texas. This expertise is part of the job we love doing so much—serving as knowledgeable risk management advisors to local companies. From commercial property and auto to general liability and more specialized products, let us review the various coverage options with you.
As a business owner, every transaction you complete can result in either a profit or a risk. Protecting your business from the impact of potential customer lawsuits is very important. While an expertly crafted liability insurance policy can shield your business from this type of risk and expense, it can be forgotten until it’s too late.
What does business liability insurance cover?
Liability insurance covers the costs of legal fees, including court costs and the resulting award, if any is made. Imagine the peace of mind you’d have about attorney costs as a liability case grinds on—and if you’ve got valuable assets, those can be put in jeopardy by an aggressive attorney.
Liability insurance is appropriate for any business that could face potential lawsuits. There are several distinct types that you may need, depending on your business, and your tolerance for the risk of financial loss. The most common are:
- Professional Liability
- Commercial General Liability
- Directors and Officers liability
- Commercial Crime Business Personal Property
- Business Owner Property (BOP)
Workers Comp Insurance
Keeping your employees safe at work is important. When a worker suffers an injury, workers compensation coverage provides your employees with the protection they need and provides you with peace of mind.
Protect your business. Ask about different types of insurance for you and your staff. Let us customize a plan that fits your exact situation. A little planning today could be vital in the future. We are here to help.
Business Auto Insurance
If you’re driving a vehicle for business reasons, it’s important to have the right business auto insurance. It may be a four-door sedan to travel to and from business meetings or you’re towing a few tons of cargo in a large delivery truck, the right coverage protects your business.
Businesses should get a business auto policy even if employees use their private cars for conducting business duties. In the situation of a severe accident, an employee may not have enough liability coverage to protect the business adequately.
What can a business auto policy cover?
- Comprehensive and Collision
- Medical Payments
- Emergency Roadside Assistance
- Loss of earnings
- Uninsured Motor Vehicle