Business Insurance in Cedar Park, TX
Business Insurance in Texas
Serving Cedar Park, Leander, San Antonio, Houston and surrounding areas
Every business and nonprofit faces risk—some obvious, others unexpected. Business insurance is designed to protect your organization from financial loss, legal claims, and operational disruptions so you can focus on serving customers, members, or your community.
At Dowd Insurance Agency, we help Central Texas businesses and nonprofits understand their exposures and build smart insurance programs using the right mix of coverage—not more than you need and never less than you should have.
Below is an overview of the most common business insurance policies, explained in plain language.
Common Types of Business Insurance Coverage
Commercial General Liability Insurance
Commercial general liability insurance protects your business from third-party claims involving bodily injury, property damage, and personal or advertising injury. This is one of the most fundamental policies for any business or nonprofit and is often required by contracts or landlords.
Commercial property insurance covers your physical assets, such as buildings, equipment, furniture, inventory, and signage, against losses from fire, theft, vandalism, and certain weather events.
A Businessowners Policy (BOP) bundles general liability and commercial property insurance into one cost-effective policy. Many BOPs also include business interruption coverage, making this a popular option for small to mid-sized businesses.
Business Interruption Insurance
Business interruption insurance helps replace lost income and cover ongoing expenses if your operations are temporarily shut down due to a covered loss, such as a fire or storm damage.
Commercial auto insurance covers vehicles owned, leased, or used by your business. It provides liability and physical damage coverage for accidents involving company vehicles or employee-driven vehicles used for business purposes.
Commercial flood insurance protects your building and contents from flood damage, which is not covered by standard property insurance. This coverage is especially important for businesses in flood-prone areas of Central Texas.
Commercial umbrella insurance provides additional liability limits above your general liability, commercial auto, and employers liability policies. It offers extra protection against large or catastrophic claims.
Workers’ Compensation Insurance
Workers’ compensation insurance covers medical expenses, lost wages, and rehabilitation costs for employees injured on the job. While not required for all Texas employers, it provides important financial and legal protection.
Employment Practices Liability Insurance (EPLI)
Employment practices liability insurance protects your business or nonprofit from claims related to wrongful termination, discrimination, harassment, retaliation, and other employment-related issues. EPLI helps cover legal defense costs, settlements, and judgments.
Directors and Officers (D&O) Insurance
Directors and officers insurance protects board members, executives, and leadership from claims alleging mismanagement, breach of duty, or governance errors. This coverage is especially important for nonprofit organizations.
Professional Liability / Errors & Omissions (E&O) Insurance
Professional liability insurance—also known as errors and omissions insurance—covers claims that your professional services caused financial harm due to mistakes, negligence, or failure to perform as promised.
Cyber liability insurance helps protect your business from data breaches, cyberattacks, ransomware, and other digital threats. Coverage may include data recovery, notification costs, legal expenses, and regulatory fines.
Crime insurance protects against losses caused by employee theft, fraud, forgery, embezzlement, or computer fraud. This coverage is important for organizations that handle cash, payments, or sensitive financial information.
Fidelity bonds protect your business or nonprofit from financial losses caused by dishonest acts of employees or volunteers. They are commonly required for nonprofits, financial organizations, and companies handling client funds.
Surety bonds guarantee that a business will fulfill its contractual obligations. These bonds are often required for construction projects, professional licensing, or government contracts.
Inland marine insurance covers tools, equipment, and property that move between locations or are stored off-site. This coverage is ideal for contractors, service businesses, and organizations with mobile assets.
Tailored Coverage for Central Texas Businesses
No two organizations are the same. The right insurance program depends on your industry, size, operations, employees, and risk exposure. Bundling the right policies can often reduce costs while improving coverage.
At Dowd Insurance Agency, we specialize in helping Central Texas businesses and nonprofits build customized insurance solutions that protect their people, property, and mission.
Contact us today to review your business insurance options and ensure your coverage grows with your organization.