Commercial Insurance
Commercial insurance is not necessary for Texas, but Cabrera Insurance Agency strongly urges business owners to have some form of insurance. There are many reasons for this, the main one being to protect themselves and their employees. It is much easier and less expensive to pay for insurance than to replace equipment or inventory damaged or stolen.
Types of commercial insurance policies include:
- Property insurance
- Liability insurance
- Workers' compensation insurance
- Business interruption insurance
- Professional liability
Property insurance covers the building, contents, and equipment of the business. This includes protection from fire, theft, vandalism, and weather damage. Liability insurance protects the business against lawsuits for bodily injury or property damage caused by the business' operations.
Workers' compensation insurance covers medical expenses and lost wages for employees who get injured or sick on the job. Texas is among the few states that do not require businesses to carry workers' compensation insurance. However, Cabrera Insurance Agency urges all business owners to consider this type of coverage to protect their employees.
Professional liability insurance protects businesses against claims of professional negligence. This type of insurance is essential for businesses that provide advice or services to clients. This insurance is also known as errors and omissions insurance.
Business interruption insurance covers the lost income and expenses incurred by the business when it is forced to close due to a covered event. This type of insurance is important for companies that cannot afford to lose even a day of operation. It may cover the costs of relocating the business, employee salaries, and other expenses incurred during the interruption.
Cabrera Insurance Agency offers a wide variety of commercial insurance policies to meet the needs of businesses in Texas. We work with leading insurers to get our clients the best coverage at competitive rates. Contact Cabrera Insurance Agency today to get a quote for your business.
