Business & Commercial Insurance
Business & Commercial Insurance Information
Serving in Houston, The Woodlands, Spring, Sugar Land, Richmond, Meyerland, Westbury, Bellaire, West University, Montgomery, Magnolia, Katy, Austin, Dallas, Fort Worth, Pearland, Texas and Beyond
When starting a business, there are a variety of risks to consider. Bad weather, environmental disasters and lawsuits are only a few of the dangers that businesses across each industry may face day in and day out. To protect the investment that is your business, you will need a reliable business insurance policy.
The insurance professionals at Avalon Insurance Agency work to provide businesses across Texas with comprehensive insurance at competitive prices. We will help you evaluate the risks facing your business and tailor a policy suited for your insurance needs.
What Does Business Insurance Cover?
There are many types of coverage and policies available depending on your industry and business needs. Some of the important coverages offered to businesses through Avalon Insurance Agency include:
General liability insurance protects your business from claims concerning non-professional negligence. It covers three main areas:
Bodily Injury: Bodily injury liability as part of a general liability insurance policy covers medical bills someone else may suffer on your business’ property.
Property Damage: Property damage liability provides compensation to those whose property is destroyed or damaged as a result of the business’ everyday activities.
Personal and Advertising Injury: Personal and advertising injury covers claims against the business concerning libel, slander, copyright infringement, theft of an advertising idea and more.
Another side of general liability also protects your business in case of lawsuits related to the above, including coverage for court fees, defense costs, settlement expenses and more.
There are additional liability options aside from general liability that can be tailored for your business, including:
Professional Liability: Professional liability covers claims against the business concerning professional negligence.
Products Liability: Products liability provides coverage for claims concerning bodily injury and property damage caused by a product manufactured or offered by the business.
Cyber Liability: Cyber liability insurance covers claims concerning breached, damaged or destroyed information stored electronically.
Umbrella Liability: Umbrella liability insurance fills in the gaps in the business’ other liability policies.
Workers compensation protects your employees and your business in case of a workplace injury. This insurance can cover medical expenses, disability benefits, wage replacement and more.
Commercial Auto Insurance
Commercial auto insurance covers vehicles owned or used by a business for work purposes. If your business concerns travel or transportation, you may need commercial auto insurance to protect the vehicles, drivers, passengers and everyone else on the road. These policies may include a range of coverages also available on a personal auto insurance policy such as comprehensive coverage, collision coverage, liability, medical payments coverage and uninsured/underinsured motorist coverage.
Protect Your Business Today
Protect your hard work with the policy it deserves. Speak with a dedicated agent from Avalon Insurance Agency at 713.283.5202 or fill out an online quote form to get started today.
Common Business Insurance Questions
How Many Employees Do You Need for Small Business Insurance?
The qualifications for a small business varies depending on the industry. A small business may be 100 employees in one industry while 1,000 employees can qualify as a small business in another. Be sure to speak with an insurance agent about your business’ insurance needs.
How Much Business Insurance Do I Need?
Every business is different and so are their insurance requirements. Ideally, you should have enough insurance to cover the risks you business may face and the physical assets that need protection.
How Much Does Business Insurance Cost?
The cost of business insurance varies depending on your location, industry, business size, claims history, coverage limits and other factors. Fill out an online quote form to find out how much you can save on business insurance today.
Why is Business Insurance Important?
Business insurance is crucial for protecting your business. A business takes money and dedication to both start and maintain, and business insurance helps protect it. Some policies may also be required by state law or to operate under certain licenses.