Understanding Austin commercial business insurance options should not be complex. If fact, there are coverage plans that protect nearly every aspect of your organization, from natural disasters to employee injuries. Some coverage is required by state laws and others by landlords or lenders. Obtaining the right amount and type of insurance for your business will help avoid coverage gaps when you need protection.
Minimum Coverage Options
Flexible insurance policy options simplify obtaining minimum coverage to comprehensive protection depending on the life cycle of your business. Your business is exposed to risks from day one, even if you don’t have any employees. The basic coverages you should consider from the beginning include:
- Property Insurance
- Business Auto Insurance
- Crime and Fidelity Insurance
- Workers’ Compensation Insurance
- Commercial General Liability Insurance
Certain industries and jobs require specific coverages because associated risks all outside the protection of basic liability coverage. Many business owners realize they need more than the basic coverages provided by most commercial business insurance policies.
Additional Insurance Options for Added Protection
You can custom tailor your insurance policy with additional options, such as umbrella, spoilage, employment practices liability, life insurance for business owners, bailee and transportation and cargo insurance. Talk to a trusted insurance agent to learn more about Austin commercial business insurance products.