Business Insurance in Houston, TX
Business insurance, or commercial insurance, is a collection of policies that helps your company manage financial losses from accidents, lawsuits, property damage and other unforeseen events.
What Are Common Types of Business Insurance Coverage?
Most businesses may require some combination of these key coverage options:
- Workers’ compensation insurance may provide benefits to employees who are injured on the job.
- General liability insurance can assist with claims of third-party bodily injury, property damage or personal injury that may occur on your premises or because of your operations.
- Commercial property insurance may cover your building, equipment, inventory and other physical assets from risks such as fire, theft or storms.
- Business interruption insurance may help replace lost income and cover expenses if your business is forced to close temporarily due to a covered event.
- Commercial auto insurance may cover vehicles owned or used by your business after accidents, damage or liability.
- Professional liability insurance may apply to claims of negligence or mistakes in the services you provide.
Are There Any Additional Coverage Options?
Depending on your industry and needs, you may want to consider these extra coverage types:
- Flood insurance
- Cyber liability insurance
- Equipment breakdown insurance
- Employment practices liability insurance (EPLI)
- Commercial umbrella insurance
How Much Does It Cost?
Costs may differ based on factors such as your:
- Industry
- Location
- Claims history
- Number of employees
- Driving records
- Assets
- Coverage and deductibles you select
We’re Here To Help
Our team can help you find the right options that fit your budget and needs. Contact Best Option Insurance & Tax to learn more and get a free quote.