Customized protection for your Texas business
Texas business owners should consider several types of business insurance to protect against a variety of work-related incidents. Injury, illness and property damage are just a few of the many things that could put the financial health of your business at risk.
Texas reported 210,000 non-fatal workplace injuries in 2020, with over 85% of them from private sector businesses, according to the Bureau of Labor Statistics. Even though Texas doesn’t require it, small business owners should consider workers’ compensation and other business insurance to protect their livelihood.
The Progressive Advantage® Business Program can help you personalize a Texas business insurance policy with the coverage you need.
Types of TX business insurance
How much does business insurance cost in Texas?
The cost of a Texas business insurance policy depends mostly on the type of work you do. Each industry is exposed to different types of risk, and this causes their rates to differ. For example, high-risk businesses like general contractors and manufacturers often need a specialized coverage that is usually more expensive.
Other factors that affect your rate include business size, coverage needs and location. For example, a business in Austin can expect a different rate than a business in Lubbock.
Learn more about the factors that influence your cost, or get a free online quote to find out your rate.
Texas business insurance requirements
Business insurance isn’t required by law in Texas. That said, there is at least one exception: Businesses that have a contract with a government entity must provide workers’ compensation for each employee until the contracted project is complete.
Choosing not to have workers’ comp or any other business liability coverage is risky because it eliminates some of your legal protection and could leave you vulnerable to expensive lawsuits.
We’ll help you avoid these types of situations by personalizing a commercial insurance policy that gives you the peace of mind that your livelihood is protected. Start a quote online or call us to speak with a licensed agent.
Resources for Texas small business owners:
- Texas Workers’ Compensation (Texas Department of Insurance)
- 2023 Texas Small Business Profile (U.S. Small Business Administration)
Texas professions we insure
We help small business owners from a wide variety of industries, including these common professions:
Browse more examples of professions we insure.
Why choose Progressive?
Business insurance for all cities in Texas
We help business owners in all areas of Texas, including, but not limited to:
- Houston
- Dallas
- Austin
- Fort Worth
- El Paso
- San Antonio
- Arlington
- Corpus Christi
- Plano
- Laredo
