Commercial Insurance

Being an entrepreneur means working harder than your employed counterparts because of the many responsibilities that fall on you. One of those responsibilities is insuring your business. And with a good insurance company, you can get the right coverage to protect your investments. At Frank Pritchard Agency, we love supporting businesses in Texas by ensuring they have adequate protection. If you are considering commercial insurance, here are your coverage options.

Commercial Auto Insurance

When your business owns vehicles that help with the operations, you need to protect them and your drivers. This policy will cover medical and property damage expenses if the business vehicle has been involved in an accident.

Commercial Property Insurance

This coverage protects your business property, such as equipment, tools, inventory, and the building. In case your business is damaged by fire, struck by lightning, or a thief breaks in, this coverage will compensate you for the damages. This policy offers more protection than home insurance, even when you have a home-based business.

Workers’ Compensation Insurance

Have you hired any staff to help you run the business? If so, you need this coverage to protect yourself and your workers. The policy will cover their medical expenses and provide disability benefits if they suffer work-related injuries. If they take time off to recover, it will also replace the lost wages.

Business Income insurance

This type of insurance can help replace lost income if your business is forced to shut down temporarily because of covered property damage. For instance, insurance will help cover lost income if the property catches fire until you reopen. This will allow you to meet monthly expenses like payroll, loan payments, tax payments, and rent or mortgage payments.

If you own a business in Texas and want to know which coverage options we offer our customers, call us at Frank Pritchard Agency. Our team of experts can help you decide which coverage is the most ideal depending on the needs of your business.