Fort Worth Business Insurance

Find the right business insurance policy for you.

Ann Herro, Insurance Expert Written by Ann Herro
Ann Herro, Insurance Expert
Written by Ann Herro

Ann Herro has been writing about insurance and employee benefits for over 15 years. She has covered topics as easy as insuring a car, and as difficult as transparency in healthcare costs.

Business women using a tablet in the office. Compare business insurance.

Fort Worth is the headquarters of several well-known multi-billion dollar companies including American Airlines, Pier 1 Imports and Lockheed Martin. It is also home to several small, privately-owned businesses that have been established by local entrepreneurs. It doesn't matter which kind of business you run; you face risks every day that could affect your bottom line. A Fort Worth, TX business insurance policy can make a real difference when you're looking to grow your company.

When shopping for a business insurance policy, you can rely on the assistance of an independent agent in the Trusted Choice® network. These agents can help you determine your business’s unique coverage needs and can then use their relationships with a variety of different insurance companies to easily find several suitable and competitively priced-policies for you to compare. Contact a member agent near your home or business today to start reviewing Fort Worth commercial insurance quotes.

Businesses Based in Fort Worth, TX

  • Total number of firms: 228,604
  • Firms owned by women: 28.1%
  • Firms owned by Hispanics: 15.3%
  • Firms owned by African-Americans: 13.6%
  • Firms owned by Asian-Americans: 6.9%
  • Firms owned by Native Americans: 0.8%

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Is a Fort Worth Business Insurance Policy Mandatory?

Some types of business-related insurance policies are mandatory. For example, if your business has employees, the state of Texas will require you to carry insurance to provide worker’s compensation and unemployment benefits. Likewise, if your business uses company vehicles, you will be required to carry commercial vehicle insurance.

In most cases, however, business insurance is not required. There are a few exceptions, such as if you have taken out a large business loan and this coverage is required by your lender. If you are renting the building in which you conduct your business, you may have to buy business coverage as required by your landlord. More often than not, this coverage is optional - but benefits of having such a policy cannot be understated.

More than 4,500 of Texas’ small businesses filed for bankruptcy in 2009. Several of these bankruptcies could have avoided with a commercial insurance policy in place. You have most likely invested a lot time and money into your business, so it is well-worth the cost to insure it with a Fort Worth business insurance policy.

Revenues Generated by Businesses in Fort Worth, TX

  • Manufacturers’ shipments: $39.0 billion
  • Merchant wholesaler sales: $58.2 billion
  • Retail sales: $33.2 billion
  • Retail sales per capita: $13,929
  • Accommodation and food service sales: $5.7 billion

Setting up your company as an LLC or a corporation can protect your personal assets from losses if your company is held liable for damages or injuries, however it does not protect the company itself. Only a business insurance policy can fully protect your Fort Worth business venture.

Most Common Occupations of Residents of Fort Worth

  • Office and administrative support: 161,640 jobs
  • Sales and related occupations: 96,800 jobs
  • Food preparation and serving: 81,060 jobs
  • Production occupations: 65,010 jobs
  • Transportation and materials-moving: 60,980 jobs
  • Education, training and library occupations: 54,190 jobs
  • Healthcare practitioners and technical occupations: 44,810 jobs
  • Business and financial operations: 43,600 jobs
  • Construction and extraction occupations: 40,400 jobs

What Does a Fort Worth Business Insurance Policy Cover?

With different types of businesses come different types of risk. A business that deals only with retail sales does not have same liability risks as one that designs and manufactures products. Similarly, construction companies face several potential liability risks that administrative-type companies do not.

Fortunately, commercial insurance policies can be tailored to fit your company’s unique coverage needs and can protect your business from unexpected expenses. The basic coverage options offered by a Fort Worth business insurance policy include:

  • Liability coverage: If your business is sued because of faulty product design, malpractice, negligence in provision, injuries sustained on your property or any other business-related liability, your commercial insurance can provide coverage for the damages. Your liability coverage is also designed to cover any court costs and legal fees associated with the covered event.
  • Property coverage: This insurance is especially important if you own the building in which your business operates. Renters of office or production space can benefit from this coverage, too. If your company suffers property loss or damages caused by weather, fire, vandalism, theft or any other covered event, your insurance policy can provide compensation for repairs to your building or replacements for covered items. If your business is home-based, you may need to buy an additional rider on your homeowners insurance to cover any business equipment you have at home.
  • Lost income coverage: Damage from a fire or other catastrophe can cause your business to temporarily close. If your company faces an interruption in sales or production as the result of a covered event, this coverage option can provide compensation so that the lack of income does not affect your bottom line. This coverage should be enough to allow you pay your employees and your business-expenses until your company is back up and running.

Save on Business Insurance

Our independent agents shop around to find you the best coverage.

How Can You Find Suitable Fort Worth Business Insurance?

Because there are so many different types of business models, there is no such thing as a one-size-fits-all commercial insurance policy. When you are ready to start comparison shopping for commercial insurance, an independent agent in the Trusted Choice network can help you build a customized policy suitable for your specific coverage needs. These agents can help you compare several competitively-priced policies and can answer any questions you may have about each policy so that you can choose wisely.

Because they have offices in more than 27,000 locations nationwide, it is easy to find a Trusted Choice network agent close to your home or business. Contact an agent today and you can start comparing Fort Worth commercial insurance quotes in less time than you think.

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