Commercial insurance is a great way to protect a business against various types of unforeseen losses. However, it is also required by law in San Antonio, TX, in certain industries as well. While commercial insurance is generally a good idea for businesses, here are a few industries where it is likely required.
Healthcare businesses
Any business in the healthcare industry will likely have several potential liability sources. This can include customers or patients seeking healthcare services, as well as employees who can sustain losses while working. At Integrity Advisors Agency LLC, we can discuss risks that are specific to the healthcare industry and the types of commercial insurance that will be appropriate to cover losses.
Heavy industry and construction
When a business is engaged in construction or any heavy industry in San Antonio, TX, the risk of injury and property damage is increased. This includes physical injuries to workers and losses related to damaged equipment or buildings. Insurance is especially important in this line of work due to the possibility of serious injuries, fatalities, or large and expensive incidents of property damage.
Restaurants, hotels, and other hospitality businesses
While most people do not think about injuries when visiting a restaurant or hotel, these businesses should have commercial insurance to protect customers and workers. It is also possible that people can get sick or have problems from things like bad food or alcohol if the establishment serves liquor.
Speak with an agent to learn more.
Anyone with more questions about commercial insurance can speak with an Integrity Advisors Agency LLC agent. We can answer your questions and help set up an insurance policy specific to your business needs.
