Residents of San Antonio, TX are not required by law to purchase commercial insurance. This includes workers’ compensation coverage — a mandate in most states. Even so, many people decide to invest in this financial protection, and some clients may require you to have indemnification as a shield for all parties.
Why Commercial Insurance?
Having the proper insurance in place can bolster your reputation with others, as they know problems will be taken care of properly. This stipulation is often contained in contracts needed to secure agreements between various agencies, contractors, and subcontractors.
Depending on the type of industry you are in, San Antonio, TX businesses can be exposed to various types of risk. For example, you may use a building to house your equipment. You can suffer economic loss if machines are ruined, and this can happen from fire or from water damage due to sprinkler system activation.
In addition, if your items are mishandled through vandalism, you may have a claim, and this can also be the case in situations where theft is involved. Your property can also be exposed to hazards through severe weather, such as tornados, hail, or storms. Your Integrity Advisors Agency LLC agent can discuss more specific details with you.
Injuries can take place on your premises, and these can result in medical bills due to injury, lost wages, need for retraining, temporary disability, permanent disability, or death. You can also be taken to court to recover costs and seek redress.
Workers’ compensation insurance exists to provide a buffer for employers whose employees are hurt on the job, and commercial property insurance can limit out-of-pocket expenses when a nonemployee sustains an injury at your location.
We Can Help
Integrity Advisors Agency LLC works with business owners and can help in your situation. Reach out to us via phone, email, or by stopping into the office today. We look forward to working with you.
