Do you legally need to carry commercial insurance for your business?

Operating a business in Arlington, TX, even a small one, can be more than a full-time job. Long days can be filled with worry and stress. Business insurance from Rickey McGill Insurance Agency can help alleviate some of that worry and stress.

There is no question about the value of business insurance. But is it a legal requirement?

With the exception of Workers’ Compensation and Unemployment Insurance, commercial insurance is not a legal requirement. However, there are plenty of reasons to secure it for your business.

Protection Against Property Loss

Business insurance can cover your assets and inventory from loss due to a variety of perils. These include fire, theft, and vandalism.

Income Loss Coverage

Business insurance can insure your income if your business cannot operate due to a covered peril.

Liability Claims Protection

One of the significant risks businesses face is an injury accident claim from a slip and fall or another peril. Business insurance can also help cover legal expenses associated with a lawsuit.

Cyber Crime Coverage

A business insurance policy can be customized to provide protection against a variety of cyber crimes.

Commercial Vehicle Coverage

If you use personal vehicle insurance to cover vehicles used for business purposes, you are risking your business. See us for appropriate commercial vehicle insurance.

Secure a Business Insurance Plan Today

If you are a business owner in the Arlington, TX area, connect with Rickey McGill Insurance Agency to get started on a business insurance program for your company. We are here to answer your questions and provide a quote. We look forward to helping you protect your enterprise.