Category: Commercial Insurance

Research insurance products that will protect your retail business. Once you have reviewed and selected some insurance types that are of interest, contact one of our Texas Classic Insurance agents for further guidance.

Business Type

The type of retail business that you own and operate will influence the insurance coverage you need. For instance, if you are selling products that contain chemicals, you may need to acquire more liability protection.

Assess the goods and services that you sell. Use the details from your analysis when comparing insurance products.

Liability Coverage

Liability protection provides relief to business owners who are sued. A slip and fall within your retail space or another type of accident could lead to you being involved in a lawsuit.

One way to determine the risk of being sued is by inspecting your retail establishment. The inspector who assesses your commercial business will reveal any concerns.

The inspection’s findings can help you when it is time to purchase commercial insurance for your place of business.

Loss Of Goods and Services

Commercial coverage that protects against the loss of goods and services will pay for any expenses directly resulting from theft or vandalism. This type of coverage will reduce out-of-pocket costs in the event of a criminal act.

Contact Texas Classic Insurance

It is vital to protect your retail establishment for as long as you own it. An agent who serves the Granbury, TX, region can help you choose coverage types that will provide you with the optimal amount of protection and describe the claims process.

If you’re going to be launching a new business soon, then chances are you’re getting everything in order. From perfecting the product or service you’re going to be offering to marketing and everything in between, you undoubtedly have a lot to do. One thing that you need to think about is insuring your new business. Serving the greater Granbury, TX community, Texas Classic Insurance is here to assist. 

Here are some important aspects of commercial insurance that you need to consider:

Is Commercial Insurance Required in Texas?

While commercial insurance may be required in some states, it’s not required in the state of Texas. To clarify, as long as your business doesn’t own any vehicles, general liability insurance is not a requirement by the state. However, if you have business vehicles, it is required that you cover them under commercial insurance. 

There Are Benefits to Investing in General Liability Insurance Coverage

Starting a new business can be very costly, and you might believe that general liability insurance coverage is an expense that you can’t afford. However, it’s an expense that you should incorporate into your budget because of its ability to save you money in certain situations. Running an uninsured business is leaving your business vulnerable to liability, as you never know when someone might sue due to injuries sustained on your property.

There are other possible reasons that someone might wish to bring litigation against your company, and without adequate general liability coverage, such an event could easily put a newly established company out of business. Therefore, you should realize that general liability insurance coverage is a necessity even if it isn’t required by the state. 

Schedule A Consultation Today!

As you can see, general liability insurance isn’t a requirement in the state of Texas, but if your business is located in or near Granbury, TX and you’d like to start a new policy, contact us at Texas Classic Insurance. We have many years serving customers’ needs for all types of insurance, and we’re available to serve you as well. 

Starting your own business is an exciting and exhausting experience. Between finding a location, ordering supplies, and determining a profit margin, you may start to feel overwhelmed and unsure of how to take care of everything all at once. It can become difficult to keep everything to create the best and most profitable business that you possibly can.

That is why there are professionals available to help you with the important task of insuring your small business and protecting your assets and yourself. 

Finding A Policy For Your Small Business

Small business insurance is the most vital way to ensure that your products, supplies, and business location are covered in the event of theft, accidents, or natural disasters. You should also look for a policy that provides protection for your customers and employees as well. If someone were to slip and fall or injure themselves in any way while inside your place of business, you could very easily be held liable.

Without insurance, you could end up spending thousands of dollars on legal representation and payouts to the injured party. You want to make sure that no extra costs are taken from your earnings so that they can instead be allocated to your business.

Contact Us Today

Texas Classic Insurance is located in Granbury, TX, a small lake town outside of Fort Worth that is known for its country charm, making it the perfect place to open your own business. Texas Classic Insurance has insurance agents who are ready to assist you with insuring your new business venture. If you are in the Granbury, TX area, stop by the office to discuss your new business insurance policy with the experts. You can also call or contact Texas Classic Insurance through the website. 

Texas Classic Insurance is an independent agency. We serve the Granbury, TX community, as well as the surrounding areas. We have relationships with several carriers across the state. We simplify the process of searching for insurance so that our clients can obtain the policies they are looking for. We look forward to helping you obtain the right coverage for your situation.

3 Reasons Why Commercial Insurance Is Beneficial

Texas businesses are constantly searching for strategies to help them stand out in a competitive climate. As a local Granbury, TX business owner, commercial insurance can help you protect your investment. The policy covers any damage to your equipment. You’re also covered if your inventory is stolen. Your place of operation is covered if it’s damaged due to a fire, natural disaster, or an act of vandalism. If your property suffers serious damage, business interruption coverage can help keep things afloat until things get back to normal. Liability coverage protects you if your business causes property damage or if a customer gets injured while using your products. Here are a few reasons why commercial insurance is beneficial.

Increases Your Reputation

Obtaining a strong insurance policy gives a signal to your potential customers that they are supporting a business with integrity. This helps you maximize your investment over the long run.

Improved Employee Morale

Workers’ compensation is a foundational aspect of commercial insurance policies. A strong workers’ compensation plan keeps employee morale high, which in turn allows your business to continue functioning properly.  

Safety Net

If you are faced with potential litigation in the future, you’ll have commercial insurance as protection.

Texas Classic Insurance Will Help You Protect Your Investment

Contact us today to learn more information about commercial insurance.

Any business owner wants the best for their business, and one way of doing this is getting commercial insurance. You never know how important it is until you need it, but don’t wait until it’s too late to find out about it.

If you have a business or commercial center around Granbury, TX, you can check out Texas Classic Insurance for some reliable quotes and coverage.

Reasons to Acquire Commercial Insurance

Commercial insurance is coverage designed for businesses and corporations, covering the business, employees, and any property owned by the business.

Here are a few reasons why you should think about getting commercial insurance or business coverage:

• It protects your company from financial loss in case of damages from natural events like hurricanes, fires, and tornadoes and ensures that you don’t have to pay for costly repairs out of pocket.
• It makes sure you are covered in case of theft so that you get your property reinstated.
• It helps protect you from liabilities such as lawsuits and enables you to keep your business running even if you are sued by covering legal fees and such.
• It is a requirement of the law that you should have one, so getting one will be complying.
• It protects your employees by making sure their wages and benefits are covered and adequately available at all times.
• It protects your customers in case of bodily injury while at your premises or using your product causes them harm.
• It builds credibility and shows that you take the risk seriously, therefore, making it easy for other parties to get into contracts with you, for instance, with loan applications or lease agreements.

Be sure to check out Texas Classic Insurance for all your commercial insurance needs in Granbury, TX. Whether you’re a business veteran or have just launched your small business, your future self will be glad.