Commercial property owners, both those operating a business on their property and those leasing property to another entity, may purchase policies that protect the building and associated structures. A property owner’s policy will not protect tenants from loss. Business owners who lease their property may buy policies that protect the building’s contents, such as machinery, furniture and stored or displayed merchandise.
Different types of commercial property insurance policies protect against different dangers, called "risks," "causes of loss," or "perils." Commercial property policies are not standardized in Texas.
Insurance companies are free to use their own policies, subject to approval by the Texas Commissioner of Insurance. Policies must contain reasonable coverages and meet all requirements set out by law. Insurers’ ability to offer different commercial policies allows them to tailor their products to fit the needs of particular businesses. The availability of multiple policies encourages a competitive market.
More information
Commercial insurance
Insurance for small employers
Workers' compensation
- Workers' compensation rate guide
- Workers' compensation insurance guide
- Information for workers' compensation non-subscribers
