The Trusted Business Insurance Company in the Midland, TX Region
Starting a business requires insurance, and maintaining a successful, protected business requires insurance, too. Running a business can be a smart financial move; however, when disaster strikes – such as damage to your property or an employee getting injured on the job – it can turn your world upside down. It’s essential for small and large businesses, including those in the oil, gas, and environmental industries, to have insurance to protect them from the unforeseen.
Business insurance can include many different types of coverage and polices, including commercial liability, fidelity insurance, business interruption insurance, workers’ comp, auto insurance, and more.
General Liability Insurance
Commercial liability insurance protects you and your business against claims made by others including personal injury, damage to property, or bodily injury. A general liability policy can cover medical costs if someone is injured at your place of business; it could also cover repair or replacement costs if someone else's property is damaged and you are found to be responsible. A general liability policy can even cover associated costs if someone's reputation is damaged by something said or written by you or an employee. As a business owner, it's important to protect yourself and your company against risks. Our professionals can help you find the plan that is right for you.
A fidelity insurance policy is a form of coverage that protects policy holders for losses they might incur as a result of fraudulent acts by employees. It covers losses of money, security, and other property from theft or fraud by an employee. There are different types of fidelity guarantees, each providing different coverage, so it's important to discuss your circumstances with an experienced professional to determine which policy will apply to you.
Business Interruption Insurance
If your place of business is forced to temporarily close due to property damage or a natural disaster, business interruption insurance helps keep you afloat during the period of restoration. These funds can help with operating expenses, including lost income, mortgage/rent payments, loan payments, employee wages, and taxes. Having a business interruption insurance plan in place will allow your company to stay afloat until you're ready to do business again. Consult our office to learn more about when these plans apply and what they can cover.
Commercial Vehicle Insurance
No matter the specific nature of your professional operation, it's likely that you make use of a commercial vehicle on a regular basis. Whether you operate a large semi truck or an efficient company car, it's imperative that you remain protected as you travel from place to place. Fortunately, the team at West Texas Insurance Exchange offers a full suite of commercial vehicle insurance services to suit your needs.
Our business insurance company has developed a series of policies that provide peace of mind, along with robust protection against damage. Oftentimes, professional vehicles are exposed to more risk than personal vehicles. Keeping this in mind, our commercial auto policies are tailored to suit a wide array of roadside hazards. In fact, our professional team will match you with the perfect policy to keep you protected mile after mile.
Contact our Business Insurance Company for Affordable Assistance
If you’re looking for the best business insurance coverage at the best rate, in the Midland, Odessa, Andrews, Big Spring, San Angelo, Monahans, Seminole, Fort Stockton, Sweetwater & Snyder, TX areas, look no further. At West Texas Insurance Exchange, we make it our mission to help business owners and soon-to-be business owners find the insurance coverage that makes sense for them.
You don’t have to call several different insurance companies for quotes; you just need to call us! We’ll do the legwork and find the best policy for you, so you can have peace of mind and focus on what’s most important: building and running your business. Contact us today to get started.