When you own a business, it is usually a good idea to purchase insurance that addresses your concerns as the owner of a company. In many cases, working with an independent agency like the BondTex Agency can provide the details and information that you need to protect your company assets. An agency ensures that you can ask questions and compare options without wasting time or taking unnecessary risks.
Texas Commercial Auto
Commercial auto insurance differs from a private policy because it addresses the needs and concerns of a business. It may offer additional liability protection and the details of the plan can depend on the number of cars that your company owns. In some cases, it may also offer protection for large commercial vehicles, so it can be an important part of protecting your business. In general, you should make sure that you meet the state's standards for liability protection on every vehicle that the company owns.
Texas CGL Coverage
Liability protection is a good purchase for any company, regardless of the services that you provide. A general liability policy ensures that you can pay for any damages that your company causes or any bills related to an accident that took place on company property. It may also help if your products cause an injury.
Property protection covers two main concerns: damages to your company property and injuries that occur on company property. In general, the policy will protect against common threats, like theft or fires; however, you should always read the policy carefully to make sure the plan covers your primary concerns.
Worker's Comp Policies
Worker's compensation may or may not be required for your business; however, it is a good purchase if you have any employees. The policy will pay for any medical bills that arise when your employees are injured at work or get sick from a product that they are around at work.
Business Owner Packages
Business owner packages are general policies for small companies. It offers basic liability protection and property coverage to address your primary concerns if you are not sure about a specific plan. In general, it can be useful if you are unsure about the best policies or if you just want basic protection.
The policy that is most appropriate for your business can depend on the services that you provide, but most companies can benefit from basic policies for liability and property protection. To learn more about your options in Texas, contact us to talk to an agent today.