17685653_xxlA Texas Business Insurance Update Most Texas business owners buy commercial insurance to cover fire, theft, and certain liability risks.  However, did you know there are many unique insurance products that can also protect your business?  Your business insurance should be able to respond to almost all the activities in which you are involved, but if you are not properly insured, it may not.  Therefore, we thought we would explain several business coverage’s you may not have considered. Unique Kinds of Business Insurance Political Risk Insurance—The world is becoming a very dangerous place, so there is coverage for business owners and executives who travel to foreign countries.  Kidnap and ransom coverage can protect your executives in case of an unforeseen event. Giving Advice—Do you or your employees give advice to your customers?  If so, you may need Professional Liability Insurance. Foreign Liability—If you export products to a foreign county, your business is at risk of a product liability claim if the products cause an injury or loss. Loss of Value—If you rely on your voice or other talent to produce income, you can buy insurance to cover yourself in the event you are unable to perform. Environmental—Environmental insurance is there to protect humans and physical assets from the effects of pollution exposure, so you can carry on running your business without worrying about major oil spills or other catastrophic events. Chicken insurance—Many people insure their pets, but you can also buy coverage to insure your chickens or other animals. Tax opinion insurance—Acquisitions, reorganizations, mergers, or other changes of ownership can present complicated tax problems.  Tax insurance protects the business in the event the transaction produces a larger than expected tax liability. At J.S. Edwards & Sherlock Insurance Agency, we understand how important commercial auto insurance coverage is for any company that utilizes vehicles to take care of business responsibilities. The right insurance policy could potentially save your company thousands of dollars in the event of driver error that leads to an accident or injury. That is why we strive to make commercial auto insurance affordable and accessible for businesses of all types and sizes.