Call Us 281.395.5497 ☰ ˟
Manage Policy File a Claim
Logo
281.395.5497
  • Home
  • Get A Quote
  • Personal
    • Personal Lines Home Page
    • Auto
    • Bonds
    • Condominium
    • Farm
    • Flood
    • High Value Home
    • Home
    • Jewelry
    • Life
    • Motorcycle
    • Motor Home/RV
    • Off-Road Vehicles
    • Private Aviation
    • Rental Property
    • Renters
    • Special Events Insurance
    • Specialty (Classic Collector) Auto
    • Personal Umbrella
    • Watercraft & Boat
    • Windstorm
  • Business
    • Business Insurance Home Page
    • Business Insurance Coverages
    • Business Insurance Industries
    • Employee Benefits
  • Our Carriers
  • Make A Payment
  • Client Center
  • Resources
    • Policy Review Request
    • Insurance Glossary
    • Frequently Asked Questions
    • Privacy Policy
    • Our Blog
    • Refer a Friend
    • Our Partners
  • About Us
  • Contact Us
    • Contact Us
    • Employee Directory
    • Location
Icon Icon Icon Icon Icon Icon
Home > Blog > Do Entrepreneurs Need Business Insurance?
FRIDAY, APRIL 24, 2020

Do Entrepreneurs Need Business Insurance?

Business Insurance

Being an entrepreneur is no piece of cake. You are going out on your own, venturing into a new industry and the future is unknown. Many factors will contribute to whether your new business will be a success or not. One of those factors is whether you purchase comprehensive business insurance from the get-go. Below, we will discuss what types of business insurance you should consider as an entrepreneur who is starting your own company.

Types of Business Insurance for Entrepreneurs

Business Liability Coverage

No matter what industry you are in, no matter what you are selling — service or product-wise — it's essential to have liability coverage. This coverage is in place to protect you in the event of someone holding you liable for an injury or accident caused by your products or services. Likewise, if you are a professional offering a service, you can protect yourself from claims of negligence or errors. A certain amount of liability coverage may be required, but you may also opt to purchase additional liability coverage for your full protection.

Business Property Coverage

Property coverage protects your office location and interior property (furnishings, technology, production equipment, inventory, etc.) from natural disasters, fires, theft and other unexpected events.

Business Auto Coverage

If you or any of your employees must drive for your business, you’ll need business auto coverage. Remember that you’ll need this type of coverage even if you will be driving your own personal vehicle(s) or if your employees will be driving their own personal vehicles. If the purpose of the driving is business-related, regular auto coverage won’t cover any accidents or auto damage.

Data Breach Coverage

All businesses — in all industries and of all sizes — must have data breach coverage. This type of insurance can help pay for your expenses if your data or network is breached by hackers. Cyber attacks like these are on the rise around the nation and can cripple a business that is just starting up. Data breach coverage can take care of ransomware payments or related IT costs that help you recover your data or system access. It’s a good idea to have it from the very beginning to prevent such expenses from putting your business under.

Speak with a Business Insurance Agent to Learn More

Interested in finding out more about business insurance for your entrepreneurial endeavor? Contact G & H Financial Insurance today at 281-395-5497 or request an agent to contact you. 

 

Posted 10:00 AM

Tags: small business insurance, business insurance
Share |


No Comments


Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010

  • business insurance(76)
  • katy(73)
  • houston(54)
  • texas(48)
  • home insurance(36)
  • katy tx(28)
  • austin(28)
  • dallas(28)
  • san antonio(27)
  • brewery insurance(26)
  • restaurant insurance(23)
  • insurance katy tx(23)
  • distillery insurance(21)
  • growth(19)
  • commercial insurance katy tx(16)
  • tx(15)
  • small business insurance(14)
  • homeowners insurance(14)
  • manufacturing insurance(14)
  • craft brewery insurance(14)
  • business insurance katy tx(13)
  • home insurance katy(9)
  • manufacturing business insurance(9)
  • retail insurance(9)
  • insurance(8)
  • wholesalers business insurance(7)
  • houston business insurance(7)
  • business insurance katy(7)
  • wholesale business insurance(6)
  • craft beer insurance(6)
  • houston tx(5)
  • fort worth(5)
  • retail business insurance(4)
  • katy tx insurance(4)
  • commercial insurance katy(4)
  • commercial insurance(4)
  • workers compensation insurance(4)
  • home insurance katy tx(4)
  • wholesale insurance(4)
  • workers comp insurance(4)
  • cypress(4)
  • auto insurance(4)
  • the woodlands(3)
  • flood insurance(3)
  • manufacturer's business insurance(3)
  • general liability insurance(3)
  • home insurance houston tx(3)
  • doctors office insurance(2)
  • auto repair shop insurance(2)
  • directors and officers liability insurance(2)

View Mobile Version
Facebook
Twitter
Google+
LinkedIn
Get Directions
Contact Us Today
Contact Us Today
Resources
Get a Quote
Payment Options
Personal
Business
About Us
Our Blog
Our Carriers
Contact Us
Contact us 5503 4th St.
Katy, TX 77493

281.395.5497
policyinfo@gandhfinancial.com
© Copyright. All rights reserved. Powered by Insurance Website Builder.