Types of Commercial Insurance

Are you in need of commercial insurance for your Dallas or Irving business? The team at Powell Insurance Group can help. Reach out to us today to get started.

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General Liability Insurance

General liability insurance, also called business liability insurance,  is a type of commercial insurance that protects your business from lawsuits and third-party claims made against it. For example, in the event that a customer is injured on your property or a competitor sues you for libel, your liability insurance will cover the costs associated with it. While coverage can vary from policy-to-policy, general liability insurance typically covers:

  • Property damage
  • Physical injury
  • Medical payments
  • Personal and advertising injury
  • Defense costs

It is essential that business owners carry general liability insurance to protect their company. If you’d like to learn more, reach out to Powell Insurance Group in Dallas and Irving today.

Workman’s Compensation Insurance

Workman’s compensation insurance, also called worker’s comp, is commercial insurance that protects both your business and your employees if an employee is injured or becomes ill on the job. Workman’s comp can cover medical expenses, lost wages, as well as death benefits if necessary. While many states require workman’s comp for all businesses of a certain size, the state of Texas does not. However, that does not make workman’s comp any less important to carry. 

If you own or manage a business in Dallas or Irving, the team at Powell Insurance Group can help explore your workman’s comp options.

Image of general liability insurance from Powell Insurance Group in Dallas in Irving.
Image of workman’s comp insurance from Powell Insurance Group in Dallas in Irving.

Cyber Liability Insurance

Cyber liability insurance is a type of commercial insurance that protects a business from the liability that may occur due to a cyber breach. While the internet has made running a business more convenient and efficient, it comes with certain risks. Cyber liability insurance is there to help protect your business against common cyber crimes including:

  • Phishing attacks
  • Malware
  • Credential breach
  • Debit/credit card fraud
  • Identify theft

If you’re interested in learning more about how to protect your business from cyber threats, reach out to Powell Insurance Agency in Dallas and Irving today.

Powell Insurance Group – Your Trusted Source for Commercial Insurance

If you own or manage a business in Dallas or Irving, it’s essential that you protect it from liability from unforeseen circumstances. The team at Powell Insurance Group can help you determine which types of commercial insurance are best for your business. Give us a call today to learn more.