Let’s face it, there are a lot of things that can go wrong when you own a business. A customer could slip and fall, an employee could cause a traffic accident, or you could be sued for false advertising, libel or more. General liability insurance only partially protects your business, which is why most business owners choose to have the security that Texas commercial umbrella insurance offers.
If your business fits any of the criteria below, speak to your insurance provider to determine if umbrella insurance is a necessary extra layer to protect your company and its assets:
- customers visit location in person
- industry is at higher risk for employee or customer injury (for example, physical labor, factory work or handling of dangerous materials)
- employees drive company vehicles
- valuable assets or inventory are not covered by other policies
- business operates on someone else’s property
- food or alcohol is served
- industry is at higher risk of being sued (i.e., for libel, slander, etc.)
Running a business brings inherent risk, and choosing commercial umbrella insurance Texas helps mitigate potentially costly and catastrophic losses at a low rate. Avoid paying unplanned fees and keep business assets safe.