Owning a business requires more than knowledge of your products, services, and customer base. If you’re located in Houston, TX, obtaining the right short-term liability insurance may be necessary, depending on your particular industry. At City Centre Insurance Agency LLC, we’ll work with you to find and build a policy that reflects your exact needs year-round.
When is Short-Term Liability Insurance Recommended?
Although most individuals and business owners may not need short-term liability insurance year-round, there are a few exceptions when it is necessary. Short-term liability insurance can be helpful during special events, short-term contracts, or high-risk projects. Reviewing short-term liability options with your preferred agency is ideal to ensure you’re optimally covered.
What Does Short-Term Liability Coverage Protect?
Short-term liability insurance can protect you from property damage, legal fees, and third-party bodily injuries that are not covered by standard business insurance. Short-term liability coverage is commonly referred to as general liability insurance.
Types of Businesses That Benefit From Short-Term Liability Coverage
For those living and working in Houston, the following business types may benefit from short-term liability coverage:
- Freelancers: Protects against property damage and/or lawsuits
- Contractors: Working in plumbing, HVAC, or electrical work requires additional coverage by building owners and general contractors.
- Vendors and Event Planners: Coverage for property damage and potential guest injuries when planning and/or hosting events.
- Food Truck Owners: Permits access to venues (that require permits).
- Artists: Protects against property damage, especially when work is shared in a public space.
Understanding which businesses may benefit from short-term liability insurance is crucial for anyone managing a venture in Houston, TX. If you’re in Houston and want to optimize your coverage, speaking with an agent you can trust is always a good idea. To learn more about short-term liability and when it’s ideal for businesses in Houston, contact City Centre Insurance Agency LLC today.
