Operating a business anywhere in a vast state like Texas comes with its own set of risks. From unpredictable weather, high-traffic roads, and the daily wear and tear of essential machinery, it’s crucial to have the right insurance policies while being a responsible business owner.
Whether you are running a transport company in Marble Falls, owning a retail store in Burnet, or managing an industry in Kingsland, here are the 3 top commercial insurance coverage that should be on your list of priorities:
1. Commercial Auto Insurance
Commercial auto insurance is compulsory if you are running a business that deals with the transportation of goods. Personal auto insurance policy does not cover vehicles used for business purposes. Hence, it is intended to cover anything from a single work truck to an entire fleet of such automobiles.
In a bustling state like Texas, where long-distance travel is almost an everyday activity for commercial trucks, and where roads may vary from one place to another, commercial auto insurance can really shield your business against liabilities that may arise due to accidents, theft, or property damage.
2. Commercial Fire Insurance
Texas experiences a good share of extreme heat and thunderstorms, both being capable of initiating fires. If you are running a shop and want to protect your property and goods from unfortunate events like fire breakouts, commercial fire insurance is a must-have. Whether it is an office, warehouse, or storefront, a single fire incident can wipe out years of investment in a matter of minutes.
Commercial fire insurance offers coverage for the cost of repairing or rebuilding your property. It will also cover the replacement of goods that are damaged, as well as any loss of income when your business operations are interrupted or put to a screeching halt.
3. Commercial Equipment Insurance
Heavy machinery, office technology, and manufacturing equipment are the lifelines of many businesses in Texas, and protecting them is crucial. That’s where commercial equipment insurance or equipment breakdown coverage helps protect your business from the high costs associated with mechanical failure, electrical issues, or accidental damage to your critical tools and machinery.
Commercial equipment insurance pays for repair and replacement expenses quickly and minimizes downtime. This coverage is especially important for industries such as construction, manufacturing, healthcare, and food service where even a few hours of equipment malfunction can lead to significant revenue loss.
Trust Whitman Insurance Agency for Comprehensive Commercial Insurance Solutions
Investing in commercial auto, fire, and equipment insurance will make sure that your business remains protected against any adversity. If you are seeking comprehensive coverage options, look no further than Whitman Insurance Agency. With years of experience, we are strongly committed to providing business owners in Texas the protection they deserve.
Call us today at 830-693-2900 or email whitman@whitmaninsurance.com to speak with our expert insurance agents who understand your industry and business challenges. We look forward to providing you with the best commercial insurance policies that offer general liability coverage and more!
