Is your startup ready for commercial insurance?

If you’re wondering whether it’s time to call Heydari Financial Group to help get your Houston, TX startup coverage, the short answer is: The sooner you get covered, the better. But, not all startups need insurance just yet.

There one main question to consider:

Can You Afford To Take On The Insurance Risks Yourself?

At the very start of a business venture, it’s all DIY and self-financed. Even if you’re going to be working with investors, you have to draw up the slideshow to pitch your idea, and you have to pay your phone bill while you make the calls. It’s all you, and you’re eating the costs while trying to keep it cheap because you have some faith in the idea and think it’s worth shopping around.

Maybe you’ve spent a hundred dollars on thrift store clothes and ten on gas to start a vintage fashion boutique. In any event, the business is in its infancy, and you’re covering your risks.

Suppose you start outfitting your home office. You’ve got a 3D printer and the fastest laptop you’ve ever owned in your life and a beautiful, luxurious leather chair. If any of this is destroyed in a fire, can you afford to replace it yourself? Do you have employees? Do clients visit you at your home office? If so, then you may need to look into general commercial liability.

From damages to liability, choosing when to call Heydari Financial Group in Houston, TX is a balancing act between what you own and what you can afford to cover. Many of your risks are already covered by home and liability insurance at the early stages, but you’ll want to take stock now and speak with one of our agents to make sure your business is protected. 

Are There Specific Commercial Insurance Points For Livestock?

When you are in the market to purchase commercial insurance, Heydari Financial Group in Houston, TX is a great contender for your business as well as your respect. Commercial insurance products are complex and cannot be purchased without serious consideration.   

Livestock is a commodity well known to the Houston, TX area. This is a complex line of commercial insurance which includes many aspects of coverage.

There is a specific point of coverage that protects owners of livestock against falling market prices in the state of Texas and in many other states where animal farming is prevalent, Livestock Risk Protection Insurance. The USDA, United States Department of Agriculture, offers a risk management assessment tool for owners of livestock to calculate how much protection is needed.  

Livestock Insurance is Detailed

The policies are actually divided into types of livestock for the producers of animal products since the nuances of different animals and how they feed, how they are contained, and basically how they are handled in every aspect on the farm varied widely. As a result of these vast differences, the commercial insurance lines must also vary widely in order to protect the producer in a comprehensive manner.

Livestock Gross Margin Insurance is an insurance coverage which protects against loss of gross margins associated with the animals ( the market value is deducted from the cost of feeding the animal). Each kind of product has its own insurance category including Livestock Gross Margin Dairy and Livestock Gross Margin Swine Insurance. 

Heydari Financial Group, serving the Houston, TX and the surrounding areas, have agents who are well-versed in commercial insurance underwriting. Give them a call today or stop by the office to find out how they can help with all of your commercial insurance needs.