Commercial business insurance guidance
Coverage for Business Risks

Protect Your Business Property, Operations and Liability

Commercial insurance can help protect a business from financial losses caused by covered property damage, lawsuits, accidents, interruptions and other risks associated with operating a company.

The right coverage depends on the type of business, location, employees, vehicles, equipment, customers, contracts and professional services involved.

Commercial policies are not identical. Coverage, exclusions, deductibles, limits and eligibility vary by insurance carrier and policy, so each business should review its risks and policy documents carefully.

Common Commercial Coverages

Business Insurance Options to Consider

Commercial general liability insurance

General Liability Insurance

Commercial general liability may help cover claims involving third-party bodily injury, property damage, and certain personal or advertising injuries, subject to the policy terms and exclusions.

Commercial property insurance

Commercial Property Insurance

Property coverage may help repair or replace covered buildings, equipment, furniture, inventory and other business property damaged by a covered cause of loss.

Business interruption insurance

Business Interruption Coverage

This coverage may help with lost business income and certain continuing expenses when operations are suspended because of direct physical damage caused by a covered peril.

Commercial auto insurance

Commercial Auto Insurance

Commercial auto insurance may provide liability and physical damage coverage for cars, vans, trucks, trailers and other vehicles used for business.

Professional liability insurance

Professional Liability Insurance

Also called errors and omissions insurance, professional liability may help with claims arising from mistakes, negligence, or failure to provide professional services.

Workers compensation insurance

Workers’ Compensation

Workers’ compensation may provide medical and income benefits for employees with covered work-related injuries or illnesses. In Texas, most private employers may choose whether to carry it.

Evaluate Your Business Risks

Important Details to Review Before Choosing Coverage

Compare commercial business insurance options

Property and Operational Exposure

Review buildings, leased space, equipment, inventory, business income, utilities, suppliers and other operational dependencies.

Liability and Contract Requirements

Consider customer traffic, products, completed work, professional advice, leases and contracts that may require specific limits or proof of insurance.

Limits, Deductibles and Exclusions

Compare policy limits, deductibles, valuation methods, endorsements, exclusions, claim conditions and whether additional coverage is needed.

Business Insurance Checklist

Information That Helps With a Commercial Insurance Review

01

Business Activity

02

Property Values

03

Annual Revenue

04

Payroll & Employees

05

Vehicles & Drivers

06

Claims History

Commercial Policies Vary by Business and Carrier

Commercial insurance policies are not one-size-fits-all. A policy may exclude certain causes of loss, professions, locations, vehicles, cyber incidents, floods, windstorms, employee injuries or business interruption events. Review the complete policy and endorsements, and verify that the agent and insurance company are authorized or eligible to conduct business in Texas.

Personalized Business Review

Explore Commercial Coverage in Three Steps

1. Describe Your Business

Share your operations, location, ownership, employees, property, equipment, vehicles, customers and contracts.

2. Review Coverage Options

Compare available policies, limits, deductibles, endorsements, exclusions and carrier requirements.

3. Complete the Application

Receive help understanding application questions, requested records, inspections and policy next steps.

Frequently Asked Questions

Commercial Business Insurance Questions

Commercial general liability commonly addresses covered claims involving third-party bodily injury, property damage, premises or operations, products or completed work, and certain personal or advertising injuries. Exact coverage depends on the policy.

No. Coverage applies only to causes of loss included by the policy. Flood, earth movement, wear and tear, insects, certain windstorm risks and other events may be excluded or require separate coverage.

A Business Owner’s Policy, or BOP, generally combines selected property and liability coverages in one package for eligible businesses. Eligibility, included coverages and limits vary by insurer.

Texas does not require most private employers to carry workers’ compensation insurance. Employers that do not carry coverage may have employee notice and state reporting obligations. Other legal or contractual requirements may apply.

A business should review coverage regularly and whenever operations change, such as adding employees, vehicles, locations, equipment, products, services, contracts or higher revenue.
Request Personalized Guidance

Find Commercial Coverage for Your Business Risks

Contact Insure With Asif to discuss your operations, property, liability and business insurance needs.

Request Business Insurance Assistance +1 (972) 596-1500

Coverage availability, limits, pricing, deductibles, exclusions and eligibility vary by business, location, insurance carrier and policy. Insure With Asif is not a government website.