Protecting one’s business against liability is a mandatory necessity in today’s marketplace. One lawsuit, whether justifiable or frivolous, can wreck havoc upon a business and destroy its operating capital. Business liability insurance provides a foundation for protection against legal disputes that could jeopardize the wellspring of a company’s profits. It is no small matter to protect the scope of services and the company’s assets, and not just any business liability policy will insure against every possible contingency unless the business is properly rated and the policy properly underwritten.

For over 25 years now, TAHI has been in the unique position of writing business liability insurance policies for almost every type of company in every part of Texas. The success our staff has experienced is due to two major factors. One is our research abilities. We insist that our agents take as much time as necessary to understand the client’s type of business and scope of service in order to properly rate the company. Secondly, our previous experience in direct policy underwriting makes it possible for us to write business liability insurance with a precision and scope of coverage that few, if any of our competitors, can rival.

It is important to us that we help our clients understand what we are providing for them. Too often, business owners get in a hurry and leave it to the agent to make decisions for them because they do not have time to sit down face to face and discuss all the dynamics of their operations. With our staff, no face to face is required, and our specialized research methods reduce the amount of interface time required for us to determine a rating for a company and thus produce an appropriate business liability insurance policy. Many of our clients, in fact, come to us as with an existing business liability insurance policy that they either have questions about or flat out find confusing. After explaining the facts of their current coverage and the prices they are paying for coverage that proves less than ideal, they often switch to TAHI for both better rates and more comprehensive coverage.

By pointing this out we do not mean to cast disparity on any competing agency in Texas. It is simply a matter of fact that the components of business liability insurance are often determined by the territory the business lies in as well as the particular city the business lies in. Territories are determined throughout the state by business insurance carriers and often include perils that are more than specific to a given municipality or even major urban area. Some agencies may not be aware of “overlap” that occurs between a city rating for a company and a territory rating for a company, and gaps in coverage may result unintentionally.

By giving Texas companies a more clear understanding of business liability insurance in general, TAHI helps entrepreneurs and corporations make more quality decisions when it comes to protecting their commercial assets. No matter where in Texas a business is located, and no matter how large or small the company is, TAHI can educate, properly qualify, and effectively underwrite commercial property and liability insurance for buildings, vehicles, equipment, and even intangibles such as advertising liability-all at a price that is fair and affordable.



By: G. M. White

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l business owners rely upon their personal insurance to cover their small business. This is, especially true, of home business owners. However personal insurance is not designed to cover a business, and if you do need to make a claim, you may find yourself under insured, or even uninsured!

For instance, your home property insurance may have a limit of a few thousand dollars for the contents of your home. If you have computers, other business machines, or especially, business records, a loss can be much larger. It would be tragic to have an accident or damage to your home that also destroyed your business assets, and then to find that you cannot make a claim to cover your business loss.

Another common example is for auto insurance. If you bought a personal insurance policy several years ago, you may not remember the mileage or use you claimed. If you claimed that your mini van was only used for errands and soccer games, and then had an accident while using that vehicle to transport business supplies, the insurance company may have a reason to deny the claim!

Many small business owners even allow employees to use their personal cars for business. But if an employee is involved in an accident while doing your business, can you rely upon their auto insurance to cover it? This is a risk you probably do not want to take.

Now you may be able to go back and adjust your personal auto insurance policy to include business use, or you may need a commercial insurance policy.

And if you do business, you are always vulnerable to liability claims. If you do not have proper business liability insurance, one cliam can ruin your business. Even if your business is innocent, the cost of lawyers can run into thoousands of dollars. When you have a liability policy, you also have an insurance company who will work on your side to fight claims.

You really need to look into the common types of business insurance. Commercial car insurance, business property and liability insurance, and if you have employees, workers comp insurance, are three policies you should look into.

If your business depends upon the talents of one or more key employees or partners, a key man life and disability policy can protect you from ruin in case of a death or accident. Personal group life insurance provides a benefit that will attract and retain quality employees too!

And of course, we can hardly talk about business insurance without talking about group health plans. Now if you are the only employee of your small business, you will not be able to get a group health plan. You must take out an individual policy or rely upon a spouse’s health plan.

However, if you have two or more employees, you can find group health insurance. You need to look into the need for a business health benefit plan. A good group health insurance plan can be the one benefit that qualify employees are looking for, but it can also be a major expense for your business.



By: Marilyn Katz

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