Commercial Insurance
Do you reside in Texas and own a business? If so, you must ensure you have the necessary protection to keep your business, property, and employees safe. We offer commercial insurance here at Quincy Bertrand Agency. We can customize a plan to meet your needs.
Commercial Insurance Requirements
Every state has different requirements for commercial insurance. In Texas, workers’ compensation insurance is not required but only recommended, whereas other states require it. However, if you are a company with a contract with a government entity, you will be required to obtain this coverage. Workers’ comp helps cover medical expenses and missed wages from work-related illnesses or injuries.
Commercial auto insurance is required, and the minimum requirements must also be met:
- Bodily injury coverage per person for $30,000
- Bodily injury coverage per accident for $60,000
- Property damage per accident for $25,000
Commercial Insurance Coverage
Additionally, you can always choose more coverage if you want to ensure your business is fully protected. Here are several you can choose from:
- General liability- This is important for all businesses to have and covers third-party risks. Many commercial leases require businesses to obtain this.
- Professional liability- If you are a professional company, this will help cover you from legal fees related to work performance.
- Cyber liability- This will help to protect your business against cyberattacks and data breaches. You should consider this policy if your business stores credit card numbers and other sensitive data.
- Business owner’s policy- This combines general liability and commercial property insurance in one plan. Many businesses find this coverage extremely useful.
Quotes
If you reside in Texas and need a commercial insurance quote, please call us here at Quincy Bertrand Agency.
