Why Every Texas Business Needs an Annual Insurance Checkup: A Practical Guide

As your business grows, pivots, and adapts, your insurance coverage should evolve right alongside it. Too often, business owners set up their policies once and never revisit them — leaving dangerous coverage gaps that only show up after a costly claim.

Scheduling an annual insurance review with a trusted agent can be the difference between a quick recovery and a major financial setback. At TGH Insurance, we help Texas businesses stay protected, profitable, and prepared.

Use this monthly guide to evaluate your current policies and see where updates may be needed.

1. General Liability Insurance: The Foundation of Business Protection

General liability remains the most essential coverage for any business — large or small. It protects you from:

  • Customer injuries on your property
  • Damage to someone else’s property
  • Accusations of libel or slander
  • Lawsuits related to everyday operations

If your business has grown, added services, hired staff, or changed locations, your policy limits may no longer be adequate. Make sure your coverage reflects your current risk level, not the one you had three years ago.

2. Commercial Property Insurance: Protect the Assets You Depend On

Whether you operate out of a storefront, home office, warehouse, or multiple locations, commercial property coverage protects:

  • Buildings
  • Office furniture and equipment
  • Tools and machinery
  • Inventory
  • Signage

With Texas weather becoming increasingly unpredictable, make sure your policy includes protection for wind, hail, vandalism, burst pipes, and accidental water damage.

If you’ve upgraded computers, renovated, or expanded your space, it’s time to update your limits.

3. Business Interruption Insurance: Coverage Most Owners Forget

If a fire, storm, or major equipment failure shut down your operations tomorrow, could your business survive?

Business interruption insurance covers:

  • Lost revenue
  • Rent or mortgage payments
  • Employee payroll
  • Utilities
  • Relocation costs (if needed)

Review your waiting period, coverage limits, and whether your policy covers utility outages, mechanical failures, and supply chain disruption.

4. Commercial Auto & Fleet Insurance: Critical for Service-Based Businesses

If your business relies on vehicles — whether it’s one truck or an entire fleet — you need commercial auto insurance.

TGH Insurance specializes in:

  • Fleet insurance
  • Contractor trucks and trailers
  • Sales vehicles
  • Food delivery and service vehicles
  • Employees driving personal vehicles for business (hired & non-owned coverage)

Personal auto policies do not cover accidents during business use. Protect your drivers, your brand, and your bottom line.

5. Workers’ Compensation: Protecting Your Team and Your Business

Texas is unique because workers’ compensation is not mandatory — but it is highly recommended.

Workers’ comp covers:

  • Medical bills
  • Lost wages
  • Rehabilitation
  • Disability

It also protects your business from lawsuits if a workplace injury occurs.

If you’ve hired new employees or changed job roles, make sure classifications and payroll figures are current.

6. Cyber Liability Insurance: A Must-Have

Cyberattacks affect businesses of all sizes — not just corporations. Even a small breach can lead to:

  • Customer notifications
  • Data recovery
  • Legal fees
  • Reputation damage
  • Ransom payments

Cyber liability insurance helps you recover quickly and stay compliant with state regulations. Coverage varies widely, so review your limits and exclusions carefully.

7. Professional Liability / Errors & Omissions: Essential for Service Industries

If your business provides professional advice or services, you face risks beyond physical accidents. Professional liability protects you from claims of:

  • Negligence
  • Incorrect recommendations
  • Failure to deliver promised services
  • Misrepresentation

Industries that benefit most include insurance, real estate, consulting, fitness, wellness, marketing, and finance.

Schedule Your Annual Policy Review With TGH Insurance

Insurance shouldn’t be confusing — and you shouldn’t have to navigate coverage changes alone. At TGH Insurance in Willis, TX, our team helps business owners:

  • Identify coverage gaps
  • Avoid unnecessary expenses
  • Update policy limits to match growth
  • Protect against evolving risks
  • Ensure compliance with Texas regulations

We take the time to understand your operations, assets, and future goals — so you can run your business with confidence.

Call us today at (936) 465-9981

Request Your Proposal Here

Are you ready to save time, aggravation, and money? The team at TGH Insurance is here and ready to make the process as painless as possible. We look forward to meeting you!

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