A customer slips and falls on ice strolling into the workplace for a meeting and needs physical therapy following an emergency clinic visit. An employee is driving back to work after a lunch meeting and is in an automobile mishap needing hospitalization. Texas Minimum Business Insurance Coverage Requirements Texas does not need a company to bring workers' compensation insurance coverage4 although it is advised to help safeguard your company and workers.
Learn more about Texas Company Insurance coverage requirements from the Texas Department of Insurance. Extra Texas Service Insurance Coverage Hyperlinks Get a quote on Small Company Insurance for your business today. 1 2 http://www. businessinsider.com/incredible-facts-about-texas-2016-8/#if-texas-were-its-own-country-it-would-have-the-worlds-10th-highest-gdp-5 3 http://www. tdi.texas. gov/wc/employer/ index. html 4 http://www. twc.state. tx.us/ news/efte/workers _ compensation. html.
Texas company owners must think about several types of service insurance to protect versus a variety of work-related incidents. Injury, health problem and property damage are just a few of the many things that might put the financial health of your organization at risk. Texas reported 214,000 non-fatal work environment injuries in 2018, with about 83% of them from private sector organizations, according to the Bureau of Labor Data.
The Progressive Advantage Organization Program can help you customize a Texas organization insurance coverage policy with the coverage you require. Business Automobile, Company Insurance Coverage, General Liability, Expert Liability, Employee' Compensation, BOPCyber Insurance, Car, Motorcycle/ATVTravel Trailer, Mobile Home, Home, Condo, Renters, Boat/PWCSnowmobile, Mobile House, Health Kinds of TX company insurance General Liability Almost all Texas little companies ought to have this common liability coverage.
It also safeguards against personal and advertising injury, in addition to other liabilities associated with your work. Business Vehicle You require this protection if you use your automobiles for your service, such as making shipments or traveling between task sites. It offers liability and physical damage protection for your work cars and trailers that normally aren't covered by a personal auto policy.
It assists spend for expenditures related to employees who become injured or ill on the task. Company Owner Policy (BOP) A BOP combines home and liability coverage into one easy-to-manage policy. https://pastebin.pl/view/ea1a96d2 's an excellent alternative for little to medium-sized organizations who rent or own commercial residential or commercial property such as a shop, warehouse or office complex.