Business Insurance in Austin, Texas

General Liability Insurance

General liability insurance forms the foundation of business protection.

This coverage protects against third-party injuries, property damage, and personal injury claims like slander or copyright infringement.

For Austin businesses, this is crucial. Common scenarios include:

• A customer slips in your office
• A delivery damages client property
• Someone claims your marketing violated their trademark

General liability handles these situations, covering legal defense costs and settlements up to your policy limits.

Commercial Property Insurance

Commercial property insurance protects your physical assets comprehensively. Your building, equipment, inventory, furniture, and supplies represent significant investments.

Fire, theft, vandalism, and severe weather can destroy years of hard work instantly. This coverage rebuilds your space, replaces your equipment, and covers lost inventory.

For Austin businesses in areas prone to flooding or severe storms, additional coverage may be necessary to fill gaps in standard policies.

Workers’ Compensation Coverage

Workers’ compensation coverage protects employees and employers alike. While Texas doesn’t require this coverage, it’s essential for Austin businesses with employees.

Workers’ comp covers:

• Medical expenses for work-related injuries
• Lost wages during recovery
• Rehabilitation costs
• Protection from workplace injury lawsuits

Without coverage, a single accident could result in devastating legal costs and medical bills that bankrupt your business.

Professional Liability Insurance

Professional liability insurance shields service-based businesses from costly claims. Austin’s thriving consulting, technology, and creative industries face unique risks when providing professional services.

Common scenarios:

• A consultant’s advice leads to financial loss
• A software developer’s code causes system failures
• A marketing agency’s campaign violates regulations

Professional liability covers legal defense costs, settlements, and judgments arising from alleged errors, omissions, or negligence in professional services.

Commercial Auto Insurance

Commercial auto insurance covers vehicles used for business purposes. Any vehicle owned by your business requires commercial coverage. This includes company cars, delivery trucks, and service vehicles.

Coverage protects against accidents, theft, vandalism, and weather damage. For Austin businesses using personal vehicles for work, hired and non-owned auto coverage fills dangerous gaps in personal policies that typically exclude business use.

Cyber Liability Insurance

Cyber liability insurance addresses modern digital threats. Austin’s tech-forward business environment creates significant cyber risks.

Data breaches, ransomware attacks, and system failures can devastate businesses financially and reputationally.

Cyber insurance covers:

• Notification costs
• Credit monitoring
• Legal fees
• Business interruption losses

With hackers targeting small businesses three times more often than large corporations, this coverage is essential for Austin companies handling customer data.