General Liability Insurance in San Antonio, TX
General liability insurance can help manage your business’s risks. At Cavender Insurance Agency, we’re here to assist business owners in finding policies that align with their needs and support their growth.
How Does It Work?
General liability insurance can protect businesses from financial loss due to claims of bodily injury, property damage, or advertising harm. It can be helpful in the following circumstances:
- A competitor sues your business, claiming reputational harm in advertising material.
- A customer slips and falls while in your store.
- An employee accidentally damages a client’s porch while doing contracted work.
Is It Required?
In general, businesses in Texas are not required to carry general liability insurance. However, some businesses may need to purchase this policy to fulfill certain agreements and contracts. Nevertheless, it’s still a good idea to protect your company’s finances with sufficient coverage in case of unexpected lawsuits, losses and liabilities.
How Much Does a Policy Cost?
Multiple components can affect the cost of general liability insurance. These include:
- Industry: Businesses in certain industries can face higher risks and thus be more expensive to insure.
- Location: Businesses located in major cities and high population areas may have to pay more than those in less dense areas.
- Number of employees: Your business may be quoted at a higher rate if you have many employees.
- Claims history: Lower claims can help reduce your premiums.
- Policy specifics: Higher coverage limits can offer more protection but can also cost more.
Where Can I Purchase a Policy?
We’ll be happy to help you explore your general liability options. Contact Cavender Insurance Agency today to request a quote.