What Perils Can Commercial Insurance Cover?

Texas does not require any commercial insurance for Amarillo, TX entrepreneurs, even workman’s comp, but it is a good investment for business owners. Below are some common perils that can be included, and your West Texas Insurance Agency representative can give more specific details as to what would be covered. 

General liability insurance will often protect you if you are responsible for property damage due to your services. This can extend to situations where the harm you cause to others is in the form of advertising. Your wording could have been misleading due to a miscommunication, or it may have been due to a typo or an omission. 

You could also have caused injuries that resulted in medical expenses and lost wages. Sometimes you can be sued to reach a reasonable outcome as well. This can happen either through faulty products or on your premises. If, for example, a customer trips on improperly secured flooring, you can be held financially liable. Other common perils are mistakes that your employees cause, such as destroying a client’s home by failing to perform a job adequately.

Your partners can benefit when you obtain various commercial insurance policies, as their interests will often be considered. It can help you maintain a good reputation in your professional community, as issues will be resolved quickly and professionally. 

West Texas Insurance Agency Can Help You 

We can put together an individualized insurance package to meet your needs and invite business owners in the Amarillo, TX area to reach out to us. We are available to speak to you by phone; you can visit our website or stop by the office for more details.