Commercial Insurance in Texas

Do you own a business in Texas? It would be best if you considered obtaining an insurance policy to protect your property and everything inside your business. We offer coverage here at Christian Insurance Agency in Magnolia, TX. We understand that every business has different insurance needs, and we will find the policy that fits your situation.

Commercial Insurance Requirements

Every state has different laws regarding the type of business insurance you need. Texas requires all businesses to obtain business auto insurance for any business-owned vehicles. The minimum requirements are:

• Bodily injury coverage for $30,000 for each person
• Bodily injury coverage for $60,000 for each accident
• Property damage coverage for $25,000

Most states require businesses to obtain workers' compensation insurance. However, Texas does not mandate workers' comp even though it is still recommended because it covers medical bills and lost wages for employees that have suffered an illness or injury while on the job.

Commercial Insurance Coverage

Additionally, you can choose from any of the following insurance coverage to keep your business protected:

• General liability coverage - This is extremely important for all businesses because it covers third-party risks that are common in companies, and most commercial leases may require it.
• Professional liability insurance - This protects your business against legal fees related to the performance of your businesses' work. It is also known as errors and omissions insurance.
• Cyber liability coverage - This will protect your business against financial losses, cyberattacks, and data breaches. Many businesses in Texas that handle sensitive data such as credit card numbers will benefit from this coverage.
• Business owner's policy - This is a combination of liability and property insurance in one policy. It is an effective type of insurance for businesses in Texas.

Quotes

To obtain a quote for commercial insurance, please visit Christian Insurance Agency today. We are located in Magnolia, TX.