Commercial Insurance That Protects Your Company and Reputation
Our policies are designed to protect your business in Tyler, Texas, and East Texas through coverages including Commercial Property, General Liability, Commercial Auto, Medical Liability, Malpractice, Builders Risk, and more.
What We Offer
Service is our #1 goal. We handle it all: the application, policy and certificate of insurance issuance, changes, description of coverages, and claims. Rest assured, we will report your claim to the insurance company and file a report to expedite the process as much as possible.
Our commercial and business policies include:
- Automobile Insurance
- Builder’s Risk Insurance
- E-Commerce/Internet Liability
- Employment Practices Liability
- Fidelity & Surety Bonds
- Flood Insurance
- Liability Insurance
- Medical Malpractice Insurance
- Professional Liability/Errors & Omissions/Directors & Officers
- Property Insurance
- Umbrella Policies
- Worker’s Compensation
Coverage for your work vehicle, ranging from cars to trucks, can protect you in the event you are in an accident while on the job.
Builder’s Risk Insurance
As a builder, you need peace of mind knowing you will be protected financially if materials, fixtures, and equipment used in the construction of a building sustain loss, theft or damage.
Also known as cyber liability, e-commerce or Internet liability policies fill in the gaps in your general liability policy which may exclude losses due to cyber hacking and other Internet-based issues.
Employment Practices Liability
Whether you're the employer of a handful of employees or hundreds, you're at risk for lawsuits brought about by those who work for you. This coverage covers defense costs which often times are likely as costly if not more than the claim itself. Today, this coverage has become much more relevant and needed. Known for short as EPLI, this type of insurance covers the following types of accusations:Discrimination, Workplace harassment/sexual harassment, Discriminatory discharge, Failure to promote, Wrongful termination, Negligent evaluation, Contract violations, and Retaliation.
Fidelity & Surety Bonds
Depending on your line of work, you may need the protection of fidelity and surety bonds. For example, business owners may need surety bonds to guarantee payment of utility bills or taxes, while a contractor may need to post a license or permit bond to ensure the proper licensing requirements on a project.
If your business is located in a flood zone, or you conduct business within a flood zone, you can opt for this type of coverage which will protect your assets in the event of flooding damage.
Liability insurance, also known as General Liability, is a policy that will protect you against third party claims you are liable for – this is essential for businesses of all size.
Medical Malpractice Insurance
Doctors, physicians, dentists and others within the healthcare field require medical malpractice insurance to protect them in the event a lawsuit is brought against them by a patient. Such insurance is designed to cover: Expert witness costs, Court costs, Indemnity of settlements, and Other damages as a result of accidents, errors, alleged neglect or adverse events.
Studies show that physicians face at least one lawsuit by the age of 65. Protect yourself at all costs.
Professional Liability/Errors & Omissions/Directors & Officers
As the owner of a business, you should be ready for potential lawsuits filed against you by clients. This protects you with coverage for defense costs, judgments, court fees and much more.
Errors and Omissions, known as E&O for short, covers any errors made on your part while providing professional services, whether through negligence, faulty materials, or disagreements over a resulting service. Directors and Officers insurance, also called D&O for short, protects the decisions made by a company’s management team.
This can cover both actual property and intellectual property, the former protecting you against damage, loss or theft of the structure in which you do business, and the latter protecting you against patent, trademark and computer software design infringement.
An umbrella policy protects you from major claims and lawsuits through additional liability coverage above and beyond what you may have on your existing commercial policies. This extra layer of protection is important for the extra coverage it provides at a very reasonable cost.
It's important to have safeguards in place to protect you as a business owner should one of your employees get hurt on the job. Without it, you could be liable for their time off work, medical expenses and any lawsuits that may arise.
If you require commercial insurance in and around Tyler TX, give Bosworth & Associates a call at 903-266-1699 or Request a Quote to get started on protecting your business today!