GlobalInsight

Texas Minimum Business Insurance Coverage (2025): What You Must Know Meta Description: Understand the minimum business insurance coverage in Texas for 2025, what standard policies include and when you should upgrade. 1️⃣ Minimum business insurance requirements in Texas In Texas, unlike auto insurance or workers’ compensation in some states, there is no blanket statutory requirement for all businesses to carry general commercial liability insurance. Some specific industries or contracts impose minimums—for example, a licensee under certain regulatory chapters must carry liability insurance of not less than $1 million per occurrence in Texas. Additionally, businesses owning vehicles must carry commercial auto liability under Texas law. 2️⃣ What typical minimum coverage includes (and excludes) For businesses, “minimum” often means the lowest coverage level that satisfies contract or regulatory requirements—not necessaril...

Compare Commercial Liability Insurance in Florida (2025): Coverage Options & Price Trends Meta Description: A 2025 guide to comparing commercial liability insurance in Florida: coverage types, typical premiums and key questions businesses should ask. 1️⃣ What counts as commercial liability insurance in Florida? In Florida, commercial liability insurance generally refers to policies that protect a business from claims of bodily injury, property damage, personal/advertising injury, and legal defence costs arising from its operations. Often called general liability, commercial general liability (CGL) or business liability, this coverage is distinct from workers’ compensation, property or auto lines. While Florida law does not universally require all businesses to carry CGL, many clients, landlords or contracts will demand proof of such coverage before engagement. 2️⃣ Coverage types and typical premiums in 2025 Covera...

California Business Auto Insurance Cost (2025): What Companies Should Budget Meta Description: Discover typical business auto insurance cost in California for 2025, key factors that influence pricing and steps to optimise your premium. 1️⃣ Introduction In 2025, business auto insurance remains a key operational expense for companies across California — from logistics firms and delivery services to contractors and tech fleets. With vehicle costs, liability exposure, and regulatory updates shaping the market, understanding premium trends and cost variables is essential for efficient budgeting. 2️⃣ Overview of business auto insurance in California Business auto insurance in California provides liability and physical damage coverage for vehicles used in daily commercial operations. It’s required by law for most companies that own, lease, or use vehicles for work-related activities. The coverage typically includes bodily injury, ...