Every business in Houston, TX needs protection from liability claims. Claims can arise when you are legally obligated for someone injured on your property or you or an employee damage someone else’s property. This is where commercial liability insurance comes into play.
Commercial liability insurance will pay your defense against a lawsuit and pays damages up to policy limits. If your damages exceed the policy limits, your business will be responsible for paying the remainder.
There is not one standard commercial policy in Houston, TX to protect your business. Depending on the certain risks your business faces, you may need additional coverage. An agent at Kurtin Insurance & Financial Inc. can help you find the right level of protection for your business.
Business property insurance will protect the building your business is in, as well as personal property. This can include your business equipment and inventory. Business income insurance will help protect your business if you need to close temporarily due to a covered loss, such as damage from a fire. This policy can help you to pay expenses while your property is being repaired or replaced. Workers’ compensation insurance will protect your business against costs associated with injuries to employees. This policy helps cover legal fees if a worker or worker’s family decides to sue and can cover medical expenses and wages for the employee. Data breach insurance will help protect your business from the cost of cyber attacks and threats. If your business is attacked, there are many expenses, from finding the source of the breach to communicating with those affected. It would be best if you also had public relations to manage its reputation throughout the process. Commercial umbrella insurance can help protect you even further and acts as a safety net with extra coverage when your other policies reach their limits.
Contact Kurtin Insurance & Financial Inc. to get a quote on commercial insurance.