Suppose you operate your business in Ft. Worth, TX. In that case, you need to have the necessary commercial insurance policies to cover your entity for unseen occurrences that are likely to have adverse impacts on your organization. Main Street Independent Insurance Agencies Inc. helps you to understand the various types of commercial insurance policies that are available for consideration so that you can safeguard your properties, business, and even your workers.
Property Insurance
Your business’s property is important, and it provides the foundation that your organization uses to achieve growth and to offer services. Without properties, it is evident that your company will collapse, and it could be hard to start operations once again. The property insurance policy covers all the assets that your organization owns. This policy generally protects against theft, damages, and fire.
General Liability Insurance
As a business serving hundreds or thousands of customers, there is a chance that some of your customers will be affected by the products or services on offer. Injured customers can choose to sue for compensation for personal injuries and associated damages. In this case, you need to have liability insurance to cover such eventualities. Legal expenses, property damages, and personal injury compensation are areas that liability insurance policy will cover.
Worker’s Compensation Insurance
Worker’s compensation insurance is not only a legal requirement in Texas but also across the country. This insurance policy is specifically designed to handle injuries that employees are likely to get, which are work-related. However, all employees covered by the worker’s compensation insurance are required to give up on the rights to sue the company in the case of an injury that happened while performing their work duties.
These are not the only commercial insurance policies that your business needs. There are other specialized commercial insurance policies that are necessary for your enterprise. If you want to know more about commercial insurance policies, contact us at Main Street Independent Insurance Agencies Inc. in Ft. Worth, TX.
