Business Insurance Requirements for Convenience Stores in Texas

Nearly 90 years ago, a small business owner in Dallas opened the first modern American convenience store. Almost a century later, corner stores have become the cornerstone of neighborhoods spanning El Paso to Houston. As Texas grows – it gained almost 400,000 new residents in 2017, according to U.S. Census Bureau data – competition among convenience stores will increase. One of the best ways to safeguard the vitality of your convenience store is with business insurance.

Texas state law does not require small businesses to carry workers’ compensation insurance. Additionally, state law does not require convenience stores to carry general liability insurance or commercial property insurance, but most commercial leasing agreements stipulate proof of both. You may also be asked by a potential supplier to show proof of professional liability insurance. Also called errors and omissions, this policy can help cover legal costs if you’re sued for a business discrepancy or unsatisfying work.

Insureon makes shopping for insurance easy with industry-leading technology that gathers quotes from top U.S. carriers that fit your needs. Read more to find out which policies are most common for convenience stores in Texas, and start an application to get your free quotes today.

Find the right insurance policy for your convenience store

The most common policies for Texas convenience stores vary depending on a number of factors, including revenue, client contracts, and partnerships. The table below illustrates which policies might work best for your business type.


Business type General liability / BOP Professional liability Workers' comp
1099 or independent contractor X X  
Business owner with employees X X X
Solo business owner X X  


General liability insurance: General liability insurance is the foundation of a convenience store owner’s business protection with coverage that extends to bodily injury, client property damage, advertising injury, and the cost of legal defense. Most commercial leases require you to have this coverage.

Professional liability insurance: Many clients require proof of professional liability insurance before entering contracts for professional services. This policy, also called errors and omissions insurance, can help cover legal expenses if you’re sued for unsatisfactory work or a business discrepancy.

Business owner's policy (BOP): Convenience store owners sometimes qualify for a business owner’s policy. This package helps your business save money by bundling commercial property insurance with general liability at an affordable rate.

Texas workers’ compensation: Unlike many states, Texas state law does not require any employers to purchase workers’ compensation insurance. If an employee is injured on the job, workers’ comp can help pay for medical fees and lost wages. Texas operates a competitive state fund, meaning coverage can be purchased through private insurers as well as through the state. Retail workers in Texas missed a median four days of work due to a workplace injury, half of the median eight for all occupations in the Lone Star State in 2016, according to data from the Bureau of Labor Statistics. Across the country, retail workers most commonly suffered workplace injuries due to overexertion or falls, slips, and trips in 2016. Convenience stores are often the target of theft and violence, which may increase the likelihood of a potential claim. When evaluating the choice to purchase this policy, it’s important to consider the individual risks that define your small business.

Business insurance costs for convenience stores in Texas

Despite a favorable business climate, insurance costs for convenience stores in Texas trend higher than the national median, according to an analysis of Insureon applications. Workers’ compensation insurance in Texas is significantly higher than the national median, at around $750 per month. Although workers’ compensation insurance is not required in Texas, many business owners still choose to purchase it. The price of a policy can fluctuate depending on the number of workers you employ. A business owner’s policy is one great way to save money on your insurance. A BOP typically bundles general liability and a commercial property insurance policy together at an affordable rate. The median price of a BOP for Texas convenience store owners is less than $340 per month. In all, a Texas convenience store owner can expect to spend less than $800 per month on small business insurance. Ask your agent about options to bundle policies.

Median Insurance Costs for Texas Convenience Stores

Save time and money with Insureon

Insureon’s industry-leading technology helps grocery and convenience store owners in Texas save time and money shopping for insurance by comparing policies from dozens of top U.S. carriers. Simply apply online and review quotes for the policies that best fit your business needs. Our insurance specialists are licensed in Texas and can answer your questions as you consider coverage.

To make the application go even quicker, have this information ready:

  • Workforce details, such as the number and types of employees.
  • Current and projected revenue.
  • Business partnerships.
  • Insurance history and prior claims.
  • Commercial lease insurance requirements.

Apply for free convenience store insurance quotes today.