Home to approximately 30 million residents, Texas is the second-largest state in the U.S. As one of the fastest-growing states, Texas’ thriving population also serves as a positive indicator for its economy. After California, the economic state of Texas is the second-largest based on Gross Domestic Product (GDP).
Texas is an economic powerhouse. Even though the pandemic hit industries hard, the state added more than 13,000 jobs in May. That being said, it comes as no surprise why Texas has consistently been ranked as the best state to start a business in the country.
Small businesses and entrepreneurs thrive in Texas’ business climate and regulatory environment. If you’re a business owner in Texas, Stampede Insurance’s licensed agents can help you find the best business insurance policy based on your needs.
The first step towards protecting your business and assets is to get general liability insurance. Accidents pose the greatest threat to a business’ operations. Businesses need to protect themselves against accidents and injuries that may occur on their property.
You can protect your Texas business from these unexpected expenses with comprehensive general liability insurance coverage. Find the right plan for your budget with the help of our experienced agents at Stampede Insurance Services.
General liability insurance is a type of business liability insurance policy that covers common business risks, such as customer injuries, damage to customer property, and advertising injuries. In addition to protecting your small business, it helps you qualify for contracts and leases that require coverage.
This type of commercial insurance is ideal for small businesses that work directly with clients and customers. It is also known as a commercial general liability (CGL) policy. If your company is sued by a customer or competitor, this insurance can protect your finances.
Texas law does not require general liability insurance, but your landlord, mortgage company, or clients may ask you for it. You can provide peace of mind to your property manager, bank, or customer by providing them with a certificate from the insurance company. This document provides evidence that your business is capable of handling personal injury and property damage lawsuits.
Texas contractors without a physical location or expensive equipment may not need a business owner’s policy or commercial property insurance, but they still need general liability insurance in case of an accident.
Request a general liability insurance quote online with Stampede Insurance. For application purposes, you must provide some basic business information. Speak with one of our customer service representatives in Texas from Houston, San Antonio or Dallas today!
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