It may seem tempting if you have a home business in Arlington, TX to try to get by without commercial insurance. Unfortunately, this can leave you open to claims that your homeowner’s policy won’t pay, and this could threaten your business.
A Business Owner’s Policy (BOP) is a great way to get the kinds of general coverage you need while saving money. A BOP combines general liability with property protection, and for some businesses, this will be all you need.
General Liability coverage protects you when your business is considered liable for property damage or personal injury that occurs in the normal course of business. For instance, if a customer falls down on your property and gets hurt, the medical bills should be covered under your general liability policy.
Another important kind of coverage is professional liability insurance. If make an error that causes a load or damages to someone else, that person can sue you to recover. For instance, if you are an accountant, someone could sue you for errors made while preparing paperwork that resulted in a load of money.
At Strack Insurance Services, we offer several kinds of insurance that may be helpful to a home business. If you use your vehicle for work purposes, you may need commercial auto insurance. You may need other kinds of insurance specific to your kind of business.
If you have a small business in Arlington, TX, you understand how important it is to protect your investment. Just one lawsuit could permanently damage the financial stability of your company. If you want to make sure you have covered all the important areas of your business, please call Strack Insurance Services today so we can evaluate your situation and discuss your options, with no obligation to you.