A Basic Guide to Business Interruption Coverage

Several disconcerting events like natural disasters, fires, or cyber-attacks can lead to serious interruptions in businesses. A lot of resources are needed to repair a building, get a new location, or stock inventory. Therefore, discontinued business operations can result in an imbalance in cash flow, which may eventually shut down the business. This is a Read More

Essential Facts about Commercial General Liability Insurance in Texas

General liability insurance (GLI), also referred to as commercial general liability and business liability insurance, helps safeguard your business against the financial damage caused by lawsuits. All organizations can face claims of bodily injury and property damage. These claims can come up anytime, and without adequate coverage for them, you’d have to pay out of Read More

Commercial Property Insurance for Your Business: Why Do You Need It?

Commercial property insurance protects your business assets from fires, explosions, theft, vandalism, and other covered perils. This policy is useful, especially when your business has valuable physical assets that directly or indirectly affect your business income. Also known as commercial real estate insurance, it covers your building and its content, such as tools, equipment, furniture, Read More

Workers’ Comp for Businesses with No Employees: Why Is It Needed

Workers’ comp policy is a state-regulated insurance system that covers the medical expenses and wages lost during period(s) of inactivity as a result of work-related injuries or sickness. Most states, including Texas, do not require you to have a workers’ comp policy for your small business. Choosing not to pay for workers’ compensation may seem Read More

A Basic Guide to Business Interruption Coverage

Several disconcerting events like natural disasters, fires or cyber-attacks can lead to serious interruptions in businesses. A lot of resources are needed to repair a building, get a new location, or stock inventory. Therefore, discontinued business operations can result in an imbalance in cash flow, which may eventually shut down the business. This is a Read More