Commercial Insurance

“Empowering Success, Ensuring Peace of Mind: Your Trusted Insurance Advisory Partner.”

Offering you superior risk management services. With our commitment to excellence, we are a knowledgeable and proven source for trusted insurance advisory guidance
close up shot of handshake

Commercial Insurance

Safeguard your business with comprehensive commercial insurance coverage customized to meet your needs. At Performance Insurance, we understand how important it is to protect everything you have built. 

That’s why we offer a range of products to provide peace of mind so you can concentrate on expanding your enterprise and rest assured knowing that you and your assets are fully covered.

Medical Malpractice Liability Insurance

Healthcare providers and care institutions carry this form of coverage to protect them in the event a patient sustains a serious injury or dies while receiving care. This type of policy often applies to physicians, specialists, surgeons, dentists, nurses, and many other licensed healthcare workers and covers a range of financial costs, settlements, or damages related to malpractice claims. 

Providers carry medical malpractice coverage to protect their financial well-being in addition to their professional reputation. One lawsuit can do serious damage to an independent healthcare practitioner’s career and standing in the industry. The right amount of coverage can make all the difference in maintaining the financial stability and long-term future of a medical practice. 

There are many different types of coverage requirements and premiums that are based on the location where the practice or provider is located and his or her medical specialty. Some fields may come with higher premiums due to the nature of the risks associated with administering that form of medical care. 

medical-malpractise
medical-spa-insurance

Medical Spa Insurance

Businesses that offer both medical and cosmetic treatments must carry a policy that includes both general and professional liability in addition to malpractice coverage, as well as workers’ compensation and property insurance. Medical spas typically offer a menu of services and procedures that come with an elevated risk of injury and client complaints and the right policy with sufficient coverage can protect the business against lawsuits, equipment damage, and customer and employee injury. 

These services and procedures may be minimally or non-invasive and often involve chemical peels, laser treatments, Botox and filler injections, body sculpting, microneedling, and more, all of which can have a potentially damaging impact on customers if the work is performed improperly. 

Carrying a medical spa insurance policy promotes regulatory compliance and gives customers confidence and peace of mind knowing they are working with a safe and reputable business. Policies can be tailored to fit the particular services and procedures offered to the public along with other important factors that help to keep the business running smoothly and without interruption should an unexpected incident take place during normal operation of the medical spa.

Commercial Real Estate/Landlord Insurance

This policy is designed to protect property owners of commercial spaces against a variety of perils that include fire, vandalism, extreme weather, and liability for injuries sustained by tenants and their guests, customers, or employees while inside the premises. The policy may also cover the loss of rental income while the property is deemed uninhabitable due to a peril that is covered by the policy. 

Some property owners may purchase additional coverage that offers protection against equipment failure, tenant default, or legal costs incurred in a lawsuit. The most important benefit of commercial real estate/landlord insurance is to help protect the property owner’s investment in his or her commercial space by protecting its financial stability against a wide range of unexpected events and potential risks.

Policies are customized to meet the needs of the policyholder and the type of property he or she owns and leases to other businesses, such as office buildings, industrial facilities, warehouses, hospitality and retail spaces, to ensure complete protection.

real-estate
franchise-insurance

Franchise Insurance

This form of coverage works to safeguard franchisors and franchisees against a variety of particular risks that come with owning and operating a franchise location business. A standard franchise insurance policy usually incorporates a combination of coverage options that are tailored to the type of business, the industry in which it operates, and the franchise model on which that business is based.

These include general liability, property, indemnity, and business interruption coverage as part of the policy, protecting franchisees from daily operational perils such as property damage or vandalism, work-related illness or injuries sustained by employees, and accidents and injuries sustained by customers on-premises.

Franchise insurance policies are required for franchisees to carry in order to comply with the franchise agreement that is executed when an owner takes possession of a franchise location. These policies ensure the business is operated in accordance with agreed upon franchise requirements and reduces the risk of financial loss on the part of the franchisee. 

Franchisor Protection Insurance

A franchisor protection policy works to safeguard franchisors against the theft of company intellectual property and trademarks, brand reputation and/or defamation, or other potential liabilities caused by the decisions made by franchisees. Coverage options usually incorporate a series of protections against legal liabilities stemming from disputes caused by the actions of a franchisee.

Carrying one of these policies can be useful for alleviating financial losses from lawsuits and minimizing the impacts to the brand’s reputation, shielding the franchisor from bearing direct legal responsibility and keeping his or her focus on growing the brand. 

Franchise insurance coverage and franchise protection policies allow both parties in a franchise agreement to operate the location successfully and ensure consistent brand integrity while fortifying the trust between both parties to manage unexpected liabilities equally. 

franchisor-protection
do-liability

D&O Liability Insurance

Directors and Officers liability coverage offers financial protection for members of corporate management against taking on personal financial losses in the event they are sued for alleged wrongful, negligent, or illegal activities while working in a managerial role at a company. This applies to directors, officers, and executives who have been subject to lawsuits and standard policies cover legal defense expenses, court judgments, or settlements that are paid out. The policy is also designed to protect the corporation at the time it indemnifies directors or officers involved in such litigation.

D&O coverage is available to all types of organizations and businesses that are public, private, or non-profit, and these policies are often essential for attracting and keeping proven corporate leaders by minimizing the risk of their personal financial exposure in the event of lawsuits, regulatory investigations, and employment claims. A company carrying this type of coverage gives company leaders the autonomy to make essential strategic choices without the concern for personal liability exposure. 

Business Insurance

Businesses from a wide array of industries and specialized fields will carry an insurance policy that is intended to protect the business against financial losses or hardship caused by unexpected incidents involving liability claims, property damage, theft, employee-related disputes and other risks to the operational integrity of the business. 
The standard business insurance policy carries general liability coverage, professional liability coverage, commercial property coverage, workers’ compensation and business interruption coverage. We tailor the policy to meet the unique and specific needs of the business and the various risks inherent to the day-to-day operations of that enterprise.
Businesses both large and small can face a litany of potential interruptions that result in major financial and operational setbacks and threaten long-term stability. 
man handshaking
man writing on notebook

Surety Bond Insurance

A surety bond is typically issued to guarantee that one individual or party satisfies a contractual obligation made to a second individual or party. This form of insurance is used to compensate the second individual or party should the first party fail to fulfill the obligation. The surety pays out up to the amount of the bond and the individual or party who failed to meet the contract bears the financial responsibility for reimbursement on the bond. 

This type of coverage is usually issued for construction or government contracts as well as licensing agreements as a means for protection against financial losses or fraudulent activity. 

Umbrella Insurance

Individuals and businesses that already carry liability and other forms of coverage may elect to combine those policies with additional liability coverage that goes well beyond the limits of their previous coverage. Umbrella insurance offers even greater financial protection against unexpected financial risks that may exceed the limits on their initial insurance policies. 
This type of insurance can cover all kinds of perils and events like bodily injury, property damage liability, personal injury, reputation damage, and many other possible risks included in the policy. This coverage is ideal for any person or organization who wishes to safeguard their current assets as well as their future earning potential against costly legal action. 
An umbrella insurance policy offers high-end coverage usually starting at $1 million, but these policies can be personalized to fit the needs of the purchaser seeking this additional protection. 
umbrella insurance
compensastion insurance

Workers’ Compensation Insurance

This type of insurance is designed to provide coverage to employees who sustain an injury or an illness while at work. The policy covers medical bills, lost wages, and recovery and rehabilitation costs related to the injury or illness to ensure the employee is given the sufficient care needed and financial support without bringing a lawsuit against his or her employer. 
Most companies are mandated by law to carry workers’ compensation insurance and the coverage requirements and limits vary from state to state. This protection helps to foster a safer and more productive workplace by urging employers to comply with safety regulations and address safety hazards that may exist. 
Businesses that carry workers’ compensation insurance enjoy greater protection against financial loss or hardship brought on by expensive legal costs and judgements or settlements due to workplace mishaps and unexpected safety incidents. Employers who comply with workers’ compensation requirements and meet the needs of the workforce can benefit from greater sustained productivity and operational integrity of the business. 

Call the Experts at Performance Insurance

We understand the risks and we know how to protect your business from the unexpected. 
Give  us a call, speak to one of our commercial insurance experts who can help customize the right policy and the best level of coverage to meet your needs. 
You have worked too hard to see your business suffer through litigation that can wipe out all of your professional and personal assets, ruin your reputation, and leave you with nothing when all is said and done. Performance Insurance can get you the coverage you need at a price you can afford. Call us and reduce the risks of doing business in today’s perilous marketplace with coverage options to keep your business growth on the right track.
call the experts

Complete the details below to give us your feedback

Provide the required information to give us a feedback

Contact Us Today

“We’d love to hear from you! Reach out with any questions or feedback, and our team will get back to you shortly.”

Agency hours
‾‾‾
Monday – Friday
9 am to 6 pm EST

Mailing Address:
‾‾‾
5956 Sherry Ln 20th

Floor, Dallas, TX 75225
​

We'd Love to Hear From You

shield check

Your information is secure with us