Your business in Texas is like a jewel. You have worked hard to build a reputation that consumers respect. How terrible would it be for one incident to tarnish all that you have worked to achieve? With tragedy always a possibility, it is crucial now more than ever to have the right commercial insurance policy. The agents at Wester Insurance can help you select the best plan.
What is commercial insurance?
Commercial insurance, also known as business insurance, is an indemnity policy that protects your company from financial ruin. The best plans cover everything from workers’ compensation claims to lawyer fees in the instance of a lawsuit.
There is no all-encompassing plan when it comes to commercial assurance. The term is, therefore, really an umbrella that represents many forms of business indemnity. Commercial insurance includes:
- Property Insurance
- General Liability Insurance
- Workers’ Compensation Insurance
- Commercial Auto Insurance
- Business Interruption Insurance
- So much more!
Is commercial insurance required?
Commercial insurance is only required when you own a company with employees or when you use your vehicle for business purposes. According to state law, any employer with one or more employees needs workers’ compensation insurance.
The amount of insurance that you need, however, depends on several factors, including the nature of your company. Those who run a 24/7 business may find their premiums higher than the average company that operates during regular business hours. It may also be the case that you choose to have a higher policy limit just to be on the safe side of things.
Call Wester Insurance Today!
Regardless of how much insurance you think you will need, it is vital to contact an agent at Wester. We can help you find the commercial insurance policy that works best for your company in Texas. Call us today to get started with a quote!