Some of it, yes. Nearly every Utah employer must carry workers’ compensation insurance. Licensed contractors must carry general liability insurance to hold a DOPL license, and retail liquor licensees must carry dramshop coverage. Business vehicles must meet Utah’s 30/65/25 auto liability minimums. Beyond the legal requirements, most coverage obligations come from landlords, lenders, and client contracts.
FAQ_category: (HIDDEN) Industry FAQs
Yes. Vehicles operated in Texas must carry at least 30/60/25 liability coverage (Texas Department of Insurance). Personal auto policies typically exclude business use, so vehicles owned by your business or driven for work need a commercial auto policy.
Most Texas small businesses start with general liability insurance or a Business Owner’s Policy. Add commercial auto for work vehicles, workers’ compensation for employees, professional liability for service businesses, and cyber coverage if you store customer data.
Texas law does not require it, but an LLC does not stop lawsuits against your business. Clients, landlords, and contracts commonly require proof of coverage before work begins. Most Texas LLCs carry $1 million per occurrence in general liability limits.
General liability insurance in Texas often costs $20 to $40 per month, or $250 to $500 annually, for small businesses. Your rate depends on industry, location, revenue, and claims history. Higher-risk trades like construction typically pay more.