When you purchase commercial insurance for your company, you need to decide which types of coverage your company needs. At All-Tex Insurance, we can assist business owners in Granbury, TX with evaluating their commercial insurance options.
You need to know what types of commercial insurance are available.
The following are four of the most common types of commercial insurance coverage:
Commercial liability insurance
Commercial liability insurance covers costs your company has to face if a lawsuit is filed against you. Liability insurance provides coverage for many different types of expenses that can come up, including "advertising injury", medical expenses resulting from injuries, and property damage.
Commercial liability insurance is one of the most basic types of coverage that is typically included on all commercial insurance policies.
Commercial auto insurance
If you use vehicles for business operations, it’s essential that you include commercial auto insurance in your commercial policy. You are not supposed to use personal vehicles for business operations unless you have purchased commercial auto coverage.
Workers compensation insurance
Companies with employees often need to purchase workers compensation insurance. Whether you are legally required to carry workers compensation insurance depends on factors including the state in which you do business and the number of employees on your staff.
Business interruption insurance
Business interruption insurance compensates you if your income flow is interrupted due to an event such as a storm or natural disaster that shuts down your commercial facility.
Give Us A Call
If you have questions about the types of commercial insurance that are available, we’re here to answer them at All-Tex Insurance in Granbury, TX. Rely on our insurance agency to get the coverage that your business needs.