Does my small business need commercial insurance

As a small business owner in Plano, TX, you have many things to worry about. One of them doesn’t need to be whether or not your small business needs commercial insurance. As a small business owner, you may feel that you are alone with your concerns but in 2012,  98.2% of businesses in Texas were classified as small businesses by the Small Business administration, so you have lots of company. With the knowledgeable staff at Paragon Independent Insurance Agency waiting to help you, any questions you have can be quickly and easily answered.  

Before you know if you need commercial insurance you need to know a few of the things that it can protect you from. 

Worker’s Compensation

Texas law does not require business owners to carry worker’s compensation insurance however, many employers find that it makes finding and retaining employees easier if they know they are protected.  

Employment practices liability insurance

When you have employees there is the possibility that you end up being sued by a former employee for harassment or wrongful termination. Having insurance that can pay for legal expenses or any judgment against you can be a lifesaver. 

General liability

Things happen and if someone is hurt on your premises or by one of your products, this coverage provides liability protection. 

Building coverage

 In the event that your building location is damaged this coverage will help you to get the damage repaired. 

Business interruption

If the unthinkable happens and your business is so damaged that you can’t operate for a time, this coverage will get you through with income for yourself so that the bills can get paid. 

If any of this sounds good to you as a small business owner in Plano, TX, Paragon Independent Insurance Agency has the experience to help you make an informed decision.  Visit our website, give us a call or stop by for a no-obligation quote.