• There are various business liability insurances to suit your type of business in Texas.texas proud image by buckwheat from Fotolia.com
  
  Types of business insurance needs vary based on the nature of your business and the activities in which you engage. Certain activities entail greater risk for your business and suggest a need for risk protection. Required liability coverage is minimal in Texas, but your business activities might dictate a strong practical reason to buy one or more types of liability protection. Liability coverage for company cars is a given, as most states require this type of car insurance. There is some overlap in common business liability insurances but there are a few basic types.
  
  

General Liability

• In the same way that homeowners usually carry liability coverage on their property, business owners often do the same. This offsets risk of personal injury or damage that might happen on your property or premises.
  
  Premium costs for this type of protection would depend on factors including climate, business size and structure, safety standards, type of business and more. An insurer would examine these factors to determine the risk of personal injury or property damage on your property that could result in a payout.
  
  

Product Liability Protection

• Product liability insurance protection is common and is certainly available through insurers in Texas. This more-specific type of liability is intended for businesses that sell products as a major part of business operations.
  
  If a customer purchases a product from your business, takes it home, and either the customer or his property is damaged by your product, you could face a lawsuit. This type of insurance is intended to offset this risk of loss.
  
  

Service Liability Protection

• Service Liability Protection is also a bit more specific that general business liability insurance, but it would have more broad application ,as most businesses engage in some level of service activities. In fact, general business liability protection and service liability protection are sometimes considered the same basic product depending on provider and description of coverage.
  
  This type of coverage protects your personal assets should a customer sue you over damages incurred after using your services or purchasing them. If your service delivery causes harm to the client's property or assets, you could be at risk.