Commercial Insurance In Texas
Are you looking for commercial insurance in Texas? Cabral Insurance Agency LLC are here to help!
Commercial Insurance Coverage
There is no standardization of commercial property policies in Texas. There are, however, still requirements in Texas law regarding what constitutes reasonable coverage.
You can choose between the following three levels of commercial property coverage:
- Basic form policies: the bare minimum coverage possible; covers problems ranging from fire to vandalism to vehicle collisions
- Broad form policies: same coverage as above plus additional coverage, including problems ranging from structural collapses to falling objects to even damage from leaking appliances
- Special form policies: the most coverage possible; covers all causes of loss, except causes of loss specified in your specific policy.
Additional Insurance Coverage
Many people who own a small business prefer to have additional insurance coverage since commercial insurance coverage is limited.
Here are some of the types of additional insurance coverage that small business owners consider getting:
- Flood insurance: for those wanting flood coverage, which is not included in regular commercial insurance policies
- Windstorm and hail coverage on the Gulf Coast: for those living on the Texas Coast, whose standard commercial insurance policy does not cover wind or hail damage
- Auto coverage: for businesses that utilize vehicles (either cars or trucks)
- Crime coverage: for protection against crimes, including, but not limited to, robbery, employee theft, and forgery
- Inland marine coverage: for property, including but not limited to:
- computers
- valuable papers
- property in transit
- property in transit
Some small business owners also get additional coverages, such as small business coverage, extra expense coverage, newly acquired or constructed buildings coverage, valuable papers coverage, ordinance or law coverage, and boiler and machinery coverage. Discuss your needs with us to make sure you get the right policy for your business.
Call Us Today!
Contact us at Cabral Insurance Agency LLC today to schedule a consultation. You can call us at 281-888-0501. We look forward to hearing from you!
