Insurance is available for nearly any risk your Texas business may encounter. Some insurance, such as worker’s compensation, are required under Texas law, but most insurance is optional. The insurance options you choose to carry are important to the success of your business. Even a seemingly minor incident can be financially devastating for a business that is not properly insured. At Hairston and Associates, we work closely with businesses throughout Houston, Spring, Katy, or Tomball, to provide customized business insurance solutions that offer the protection you need.
Texas business insurance policies can provide coverage for:
- Damage or loss to a business location and its contents.
- Lawsuits arising from injury or property damage to others.
- Commercial vehicles.
- Interruption of normal business operations.
- Benefits for employees who are injured or become sick on the job.
General liability and property insurance are the most common coverages that nearly all businesses will carry. From there, businesses can build on their insurance program to cover the specific risks they face.
General liability insurance protects you against claims of negligence and from lawsuits associated with injury or property damage that third parties may suffer while on your premises. Your policy will cover damage, medical, expenses, and attorney fees related to these incidents.
Property insurance protects Texas business from damage resulting from events such as fire, hail, and other various natural disasters. Loss or damage to your physical assets including buildings and their contents would be covered. This can include office furniture, inventory, we well as outdoor items such as landscaping or signs. Vandalism and theft of property are generally covered as well.
Unlike most other states, Texas law does not require businesses to carry worker’s compensation insurance. Workers’ compensation is a no-fault system. In the event of a workplace-related injury or illness, workers’ compensation ensures employees receive prompt medical treatment and adequate compensation for lost wages. Under this system, employees receive medical treatment and compensation while employers are protected from lawsuits associated with the cause of illness or injury. We can help you determine if worker’s compensation would be valuable to your business.
Many other optional coverages are available including commercial auto insurance, errors and omissions insurance, directors and officers insurance, data compromise insurance, and much more. It can be difficult trying to determine what type of coverage you will need to be completely protected. At Hairston and Associates, we work closely with our clients so that we can fully understand their needs and goals. This allows us to provide the most comprehensive business insurance solutions possible.
Contact Hairston and Associates today to speak with our experienced agents about the commercial insurance options needed to protect your businesses. We specialize in offering comprehensive business insurance solutions to local Texas businesses throughout Houston, Spring, Katy, and Tomball.