This type of business liability insurance is important for all Texas businesses. It covers common third-party risks, and it's required by most commercial leases.
Professional liability insurance coverage protects professional services businesses from legal costs related to work performance. It's also called errors and omissions insurance or E&O.
This policy covers financial losses from data breaches and cyberattacks. It's recommended for Texas businesses that handle credit card numbers and other sensitive data.
A BOP bundles commercial property insurance and general liability coverage in one plan. It's often the most cost-effective type of commercial insurance for a Texas business.
Workers’ compensation insurance is recommended for Texas businesses that have employees. It also protects sole proprietors from work injury costs that health insurance might deny.
This policy is required for business-owned vehicles in Texas. It covers injuries and property damage in an accident, along with vehicle theft, vandalism, and weather damage.
State laws can affect which business insurance coverage you need. These policies are required everywhere in Texas, from Houston to San Antonio.
Texas law is different from most other states because it doesn’t generally mandate workers’ compensation insurance. However, this coverage is still recommended for most business owners. Companies that contract with government entities are required to have coverage.
Workers' comp helps pay for medical costs and partial missed wages from a work-related injury or illness. It also limits the employer's liability in the event of a workplace injury.
All business-owned vehicles in Texas must be covered by commercial auto insurance. This policy covers the cost of accidents involving work vehicles.
Texas' minimum requirements for auto liability insurance are:
Trucking companies may need additional coverage to comply with regulations.
Though it's not required, personal vehicles driven for work purposes should be covered by hired and non-owned auto insurance (HNOA), as personal auto policies usually exclude business use. It can be added to a commercial general liability insurance policy or a business owner's policy (BOP).
Insureon's licensed agents can help you find policies that fulfill Texas' requirements and your business insurance needs. Once you've purchased insurance with us, you can download a certificate of insurance by logging into your account.
In Texas, insurance agencies, agents, and brokers are licensed by the Texas Department of Insurance. Insureon is licensed in Texas as BIN Insurance Holdings LLC (NPN 15752926) for property and casualty insurance (license number 1621975) and for surplus lines (license number 1624752). You can verify our licensure with the Texas Department of Insurance by entering our license number in the Agency License Search.