 Commercial General Liability (CGL) insurance and Professional Liability insurance (also known as Errors and Omissions insurance or E&O insurance) are two distinct types of business insurance that provide coverage for different types of risks. Here's a comparison between the two:
Commercial General Liability (CGL): CGL insurance provides coverage for claims related to bodily injury, property damage, and personal/advertising injury that your business may cause to third parties. It typically covers incidents that occur on your business premises or as a result of your business operations. Professional Liability (PL) or Errors and Omissions (E&O): Professional Liability insurance is designed to protect professionals and businesses against claims arising from mistakes, negligence, or errors in the professional services they provide. This includes claims related to professional advice, services, or recommendations that result in financial losses for clients. Types of Businesses Covered: CGL: It is more commonly associated with businesses that have a physical presence or engage in activities that may pose a risk to third parties, such as slip-and-fall accidents at a store or property damage caused by construction work. PL or E&O: This type of insurance is typically tailored to businesses and professionals who provide specialized services or advice, such as lawyers, doctors, consultants, architects, IT professionals, and financial advisors. Covered Claims: CGL: Covers claims related to bodily injury, property damage, and personal/advertising injury caused by your business operations or premises. It can also include product liability coverage. PL or E&O: Covers claims arising from errors, omissions, or mistakes in the professional services you provide. This can include claims of professional negligence, misrepresentation, or failure to deliver promised results. Legal Costs: CGL: Covers legal defense costs if you are sued for bodily injury, property damage, or personal injury. PL or E&O: Covers legal defense costs as well as any settlements or judgments resulting from professional liability claims. It often includes coverage for the cost of hiring experts to defend your case. Industry Specific: CGL: Applicable to a wide range of businesses across various industries. PL or E&O: More specialized and tailored to specific professions and industries where professional advice or services are provided. Claims Frequency: CGL: Claims tend to be more frequent in industries where physical accidents or property damage are common, such as construction or retail. PL or E&O: Claims are more common in professions where advice or services can lead to financial losses or disputes, such as law, finance, healthcare, or consulting. Commercial General Liability insurance and Professional Liability insurance serve different purposes and cater to different types of businesses. CGL primarily covers bodily injury and property damage claims resulting from general business operations, while PL or E&O insurance is designed to protect against claims arising from professional errors or negligence in specialized services or advice. Many businesses may benefit from having both types of insurance to ensure comprehensive coverage.  Managing properties is more than collecting rent; it’s about protecting people, maintaining assets, and navigating risk at every turn.
Whether you oversee a single apartment complex or manage multiple commercial buildings, you face daily challenges that expose your business to potential loss. At our agency, we specialize in helping property managers like you reduce risk and stay protected. Here’s a closer look at the key risks property managers face and how we can help. 1. Liability Risks: Slip-and-Falls to Structural Claims As a property manager, you’re often the first in line when something goes wrong. A tenant slips on icy steps. A visitor trips over uneven concrete. A broken handrail results in injury. Even if you aren’t directly at fault, you could still be held responsible in a lawsuit. Our Solution: We provide general liability insurance designed specifically for property managers. This covers legal costs, settlements, and medical expenses so one incident doesn’t jeopardize your entire business. 2. Property Damage: Weather, Tenants, and Vandalism From storm damage to tenant negligence, property can be damaged in countless ways. Roofs leak, pipes burst, fires start and as the manager, it’s your responsibility to handle repairs quickly. Our Solution: Our commercial property insurance covers both the structures and the contents you own. We’ll help you assess replacement costs and ensure your policy covers everything, from natural disasters to malicious mischief. 3. Employee and Vendor Liability What if a maintenance employee is injured on the job? Or what if a contractor causes damage while working on-site? Managing third parties creates complex liability issues. Our Solution: We offer workers’ compensation insurance for your employees and can help vet subcontractors for appropriate coverage. Our risk assessment process includes reviewing vendor agreements and building protections into your operations. 4. Tenant Disputes and Legal Challenges Lease disagreements, evictions, and discrimination claims, these situations can lead to costly legal battles and reputational harm. Our Solution: We can bundle errors and omissions (E&O) insurance or professional liability coverage into your policy. This protects you from legal claims tied to your professional decisions, whether it’s handling leases, enforcing rules, or choosing vendors. 5. Cyber and Data Exposure Today’s property managers often collect and store tenant data, including payment methods, background checks, and lease agreements. A cyber breach could expose sensitive information and open you up to liability. Our Solution: Our cyber liability insurance helps cover the costs associated with data breaches, including legal fees, notification requirements, credit monitoring for tenants, and potential fines. 6. Loss of Income and Unexpected Interruptions What happens if a fire or flood makes a property uninhabitable? You’re still responsible for mortgages, utilities, and vendor contracts even if rent isn’t coming in. Our Solution: We provide business income insurance to help replace lost revenue and keep your operation running. That way, you can focus on recovery, not scrambling for cash flow. Bonus: Risk Management Support Included
Why Work With Us? We’re more than a policy provider. We’re your risk advisor, advocate, and partner in protection. With decades of experience insuring property managers and real estate firms, we know the unique challenges of your industry and how to build a custom insurance plan that fits. Ready to Review Your Coverage? Whether you’re a seasoned property manager or just getting started, let’s talk. We’ll evaluate your risks, review your current coverage, and help you plug the gaps before something happens. Protect your properties. Protect your business. Partner with a team that understands property management.  In construction, risk comes with the job. From scaffolding accidents to lawsuits over property damage, even the most cautious contractors can find themselves facing serious claims. The question is will your current insurance limits be enough when the unexpected happens?
If you’re a general contractor, subcontractor, or specialty tradesman, it’s time to take a closer look at Excess Liability Insurance, an essential layer of protection that could save your business. What Is Excess Liability Insurance? Excess liability insurance, often referred to as umbrella coverage for businesses, is a policy that provides additional coverage beyond the limits of your primary general liability, commercial auto, or employers' liability policies.Think of it like this: If your general liability policy covers $1 million and you’re sued for $2 million, excess liability kicks in to cover the remaining amount (up to your excess policy limit). Why Contractors Need It More Than Ever 1. Construction Claims Are Increasing Lawsuits are on the rise, and so are settlement amounts. A single job site incident involving injury or significant property damage can result in claims that exceed standard policy limits. Real Example: A subcontractor’s employee is seriously injured due to faulty scaffolding. Medical bills and legal judgments surpass $1.5 million. Without excess liability, the contractor would be responsible for the difference out of pocket. 2. Your Clients May Require It More and more project owners, municipalities, and general contractors require subcontractors to carry excess liability before awarding work. It’s seen as a sign of financial responsibility and professionalism. Our Tip: Carrying excess liability insurance can give you a competitive edge when bidding for larger or more complex jobs. 3. It Covers the Big Mistakes (and the Expensive Ones) Standard liability policies have limits. If a lawsuit or settlement pushes beyond those limits, your company’s assets and your future are on the line. Excess liability ensures your business can survive a major claim. It’s not just protection for today, it’s peace of mind for tomorrow. 4. It’s Cost-Effective Protection Excess liability insurance is relatively affordable compared to the high-dollar protection it provides. A few extra dollars a month could save you hundreds of thousands in a serious claim. Value Check: For many small-to-mid-sized contractors, a $1–$5 million excess policy costs less than you’d spend on replacing a stolen tool trailer. 5. It Covers Multiple Policies Excess liability doesn’t just sit above your general liability; it can extend over your commercial auto and employers' liability as well. That means if you cause a major accident with your work truck or face a serious injury claim from an employee, you’ve got a backup plan. Key Industries That Should Strongly Consider Excess Liability:
Let’s Talk About the Right Limit for You At [Your Agency Name], we specialize in helping contractors understand, customize, and secure the right insurance protection. We’ll help you determine:
Protect Your Work. Protect Your Livelihood. One large claim shouldn’t be the reason you lose your business. Excess liability insurance helps make sure it isn’t. We help contractors build with confidence one policy at a time.  In today’s global economy, importing products from overseas has become a smart way to reduce costs and stay competitive. But while sourcing goods from abroad can improve your margins, it also opens the door to a wide range of liability risks that many businesses overlook, until it’s too late.
Whether you’re importing electronics, cosmetics, toys, tools, or machinery, if something goes wrong, you’re legally and financially responsible. Here's what you need to know, and how our agency helps businesses like yours manage that risk. Why Importing Means More Responsibility Than You Think Under U.S. law, any company that imports products into the United States is considered the manufacturer in the eyes of the courts and regulatory agencies, even if you didn’t physically make the item. That means if the product:
Top Risks When Importing Foreign Products 1. Product Liability Lawsuits If a customer gets injured using your imported product, even due to a design or manufacturing flaw overseas, you could face a costly lawsuit. Our Solution: We provide Product Liability Insurance tailored for importers. This coverage can help protect you from claims related to bodily injury, property damage, and even legal defense costs. 2. Lack of Regulatory Compliance Foreign manufacturers don’t always understand or comply with U.S. laws (like FDA, CPSIA, or UL standards). Non-compliant products can be seized at customs or recalled after they’ve hit the shelves. Our Solution: We help our clients work with vetted vendors and build coverage that includes recall costs, regulatory compliance risks, and supply chain consultation. 3. Supply Chain Disruptions From port delays to overseas factory shutdowns, importing products comes with unpredictable timelines. Late deliveries can hurt your business reputation and disrupt revenue. Our Solution: Marine Cargo and Transit Insurance protects your goods while in transit—whether by sea, air, or land. We can also help you structure contingency plans and business interruption coverage. 4. Lack of Insurance From Foreign Suppliers Don’t assume your overseas manufacturer has sufficient (or any) liability insurance. And even if they do, it’s unlikely to be enforceable in the U.S. court system. Our Solution: We advise clients not to rely solely on foreign vendor policies. Our team can help you craft contracts and indemnification language that protects your interests, and back you with solid insurance that works where you do business. 5. Reputational Risk One poorly made or unsafe product can lead to bad press, lawsuits, or even bankruptcy. Importers often bear the brunt of consumer backlash. Our Solution: Beyond insurance, we provide reputational risk guidance and recall response planning to help you respond quickly and responsibly in the event of an issue. Industries That Should Take Note If you import goods from overseas and resell them in the U.S., you're taking on risk, especially if you're in industries like:
We Help You Stay Protected and Prepared We specialize in helping importers and product-based businesses protect their operations, their customers, and their reputation. We offer:
Let’s Talk Before You Ship Importing can be a competitive advantage, but only if you're properly protected. Let us help you put a plan in place before that next container arrives.  Strive Insurance | Protecting Texas Manufacturers and Distributors
When most companies think of product liability insurance, they assume they're protected from lawsuits if their product causes harm. But there’s much more to it than just basic liability coverage, and overlooking key add-ons or exclusions can be costly. At Strive Insurance, we’ve helped many Texas-based manufacturers, importers, and distributors uncover gaps in their product liability policies that could have exposed them to major financial losses. Let’s break down the often-overlooked coverages you should review. 1. Coverage for Product Recall Costs Many business owners assume their product liability policy includes recall expenses. It usually doesn’t. Product Recall Insurance can help cover:
2. Contractual Liability Coverage Do you sign agreements with distributors, wholesalers, or retailers? If your contract includes hold harmless or indemnification clauses, you may be accepting legal responsibility for things your policy doesn’t cover. Contractual liability coverage can help protect you when your contracts create obligations beyond your normal operations. 3. Vendors Endorsements If your product is sold by big-box stores or through third-party vendors, they may require you to list them as additional insureds. This isn't automatic in most policies. A Vendors Endorsement helps protect the retailer from lawsuits involving your product and keeps you compliant with contract requirements. Without it, you might lose distribution deals—or worse, get sued without coverage. 4. Foreign Liability If your products are sold internationally, your standard U.S.-based liability policy likely won’t follow you overseas. Foreign Product Liability Coverage extends your protection into countries where you're selling or distributing goods. Without it, you could be on your own in a foreign legal system. 5. Claims Arising from Incorrect Instructions or Labels Many claims stem not from defective products—but from improper labeling or missing instructions. Some policies exclude or limit coverage for these types of errors. Make sure your policy includes coverage for:
Why It Matters for Texas Businesses Texas is home to thousands of growing manufacturers and importers. Whether you're producing supplements in Austin, exporting electronics from Dallas, or distributing products through Amazon from Houston, your risk profile may be far more complex than you realize. And when a lawsuit hits, the policy you thought would protect you might not go far enough. How Strive Insurance Helps At Strive Insurance, we specialize in helping product-based businesses identify gaps, understand endorsements, and build coverage that fits their real-world risks. We know the fine print—so you can focus on production, not protection.  Strive Insurance | Specialized Coverage for Science & Innovation
Analytic laboratories are the backbone of many industries, providing testing, data analysis, compliance validation, and quality control. Whether you're testing pharmaceuticals, food products, environmental samples, or materials, your lab operates under intense scrutiny and carries substantial risk. At Strive Insurance, we work with analytic labs across Texas to develop specialized insurance programs that address their unique challenges. Below are the top risks and how insurance can help manage them. 1. Errors in Analysis or Testing A single error in reporting or lab analysis can have ripple effects, leading to product recalls, regulatory violations, or even patient harm. Professional Liability Insurance (also known as Errors & Omissions) helps cover:
2. Regulatory Compliance and Investigations Agencies like the FDA, EPA, OSHA, and state health departments heavily regulate labs. Even unintentional compliance violation can result in steep fines, shutdowns, or litigation. Regulatory & Legal Expense Coverage can assist with:
3. Equipment Breakdown Analytical labs rely on high-precision instruments GC-MS, HPLC systems, spectrometers, and more. If any of these systems fail, it can halt operations, delay projects, and destroy samples. Equipment Breakdown Insurance helps cover:
4. Cyber Threats and Data Loss With sensitive client data, proprietary formulas, and testing protocols stored digitally, analytic labs are prime targets for cyberattacks or accidental data breaches. Cyber Liability Insurance can protect against:
Temperature-sensitive or contamination-prone samples can be lost due to power outages, handling errors, or HVAC failure. This can lead to client disputes or rework costs. Spoilage & Contamination Coverage can help offset:
Slip-and-fall incidents, third-party injury, or property damage are always present, even in controlled lab environments. Fire, water damage, and theft are also common risks. Commercial Package Policies that include:
From Houston’s biotech corridors to Austin’s clean tech labs, Texas is a hub for scientific innovation. But innovation also brings risk. That’s why working with an insurance agency that understands the science—and the exposures—is critical. How Strive Insurance Can Help At Strive Insurance, we build tailored risk management programs for analytic labs based on your equipment, data, contracts, and regulatory exposure. We go beyond the basics to ensure your lab stays protected—and operational—when it matters most.  Strive Insurance | Risk Management for Health & Wellness Brands
The dietary supplement industry is booming, but increased scrutiny and risk come with growth. Whether manufacturing multivitamins, protein powders, herbal blends, or specialty capsules, your business sits at the intersection of health, compliance, marketing, and manufacturing liability. At Strive Insurance, we specialize in helping dietary supplement companies in Texas and beyond navigate these complex risks with tailored insurance solutions. Here are the supplement brands' top exposures and how insurance can protect your business. 1. Product Liability and Bodily Injury Claims If a consumer becomes ill, experiences an adverse reaction, or even misuses your product, your company could face a lawsuit, regardless of whether you're the manufacturer or private label distributor. Product Liability Insurance can help with:
2. Labeling and Marketing Misrepresentation Claims like “clinically proven,” “natural,” or “FDA approved” are often targeted by regulators and trial attorneys. If your label or advertising is challenged for being misleading or unsubstantiated, your company could face fines or class-action lawsuits. Errors & Omissions (E&O) Insurance and Advertising Injury Coverage can assist with:
3. Product Recalls A contamination event, formulation error, or undisclosed allergen can trigger a product recall—voluntary or mandatory. The costs of notifying customers, pulling products from shelves, and managing PR fallout can cripple a small to mid-sized supplement business. Product Recall Insurance can cover:
4. Contract Manufacturing Risks If you're using third-party manufacturers, you may be held liable for their mistakes. If they cut corners or use tainted ingredients, your brand is still on the label—and therefore, on the hook. Contingent Liability Insurance and Vendor Management Endorsements help protect your business when your suppliers or co-packers fail to deliver safely or compliantly. 5. Cybersecurity and Customer Data Online supplement sales are huge, but they come with data risks. E-commerce breaches, stolen credit card data, or compromised health information can lead to serious liabilities under laws like HIPAA or state privacy statutes. Cyber Liability Insurance covers:
6. Regulatory Scrutiny The FDA, FTC, and state health departments monitor the supplement space closely. Even a minor compliance error in packaging or claims can lead to warnings, fines, or bans. Regulatory Defense Coverage helps with:
Why Supplement Companies Need Better Protection From Austin startups to Dallas-based contract manufacturers, Texas has a fast-growing nutraceutical scene. However, it also faces increasing consumer and regulatory pressure. Generic insurance just doesn’t cut it in this industry. How Strive Insurance Helps At Strive Insurance, we understand the supplement space. Our advisors know how to spot hidden gaps in coverage, build robust recall and liability protections, and help you stay compliant and covered—even if you're scaling fast.  Running a business in Texas comes with a lot of responsibilities, and one of the most important is making sure you have the right insurance in place. But let’s face it: commercial insurance can be expensive, especially when premiums keep rising year after year.
At Strive Insurance, we help business owners across Texas find smarter ways to protect their operations without overpaying. If you're looking to tighten up your insurance spending while keeping your coverage strong, here are five proven strategies to consider: 1. Bundle Your Policies One of the easiest ways to save money is by bundling your commercial insurance policies under one carrier. A Business Owner’s Policy (BOP), for example, combines general liability and property insurance into one convenient—and often discounted—package. Pro tip: Talk to your agent about whether your business qualifies for a BOP or other bundle options. This can also make renewals and claims much simpler to manage. 2. Raise Your Deductibles Strategically A higher deductible means you’re agreeing to pay more out of pocket before your coverage kicks in. But in return, you’ll usually see a lower premium. Pro tip: Review your claim history and financial cushion. If you rarely file claims and can comfortably handle a larger deductible, this is a smart way to reduce costs. 3. Improve Risk Management Practices Insurance companies reward businesses that manage their risks well. Installing security systems, conducting regular safety training, and maintaining good housekeeping practices can lead to lower premiums—especially in industries like construction, manufacturing, and hospitality. Pro tip: Ask your agent if your insurer offers credits for things like fire suppression systems, safety audits, or having a written risk management plan. 4. Review and Update Your Coverage Annually Many businesses are paying for coverage they don’t actually need—or missing out on discounts because they haven’t updated their policy to reflect changes. Pro tip: Have an annual insurance review. If your payroll, inventory, or equipment values have changed, your coverage should reflect that. You might even be eligible for new discounts based on your industry or claims-free status. 5. Work with an Independent Insurance Agent Not all insurance agents are created equal. Independent agents—like us at Strive Insurance—aren’t tied to one company. That means we can shop your coverage across multiple carriers to find the best fit for your budget and needs. Pro tip: Make sure your agent understands your specific industry. From biotech to real estate to retail, industry-specific knowledge can uncover savings others might miss. Saving money on your commercial insurance doesn’t mean taking shortcuts—it means making smart, informed decisions. At Strive Insurance, we’re here to help you find the right balance between protection and price. Ready for a free policy review? Let’s talk. We’ll go over your current coverage, find opportunities to save, and make sure your business stays secure for the road ahead.  The medical device industry is moving fast—with new technologies, evolving regulations, and increasing global demand. But with innovation comes risk. For medical device firms in Texas and beyond, staying ahead of these risks isn’t optional—it’s critical for long-term success and compliance.
At Strive Insurance, we work with medical device manufacturers, distributors, and developers to manage complex risks. Here are five risk management trends your firm should be paying close attention to: 1. Increased Scrutiny from Regulators The FDA and other global regulatory bodies are tightening oversight on medical device safety, cybersecurity, and post-market performance. This is especially true for software-driven devices and those involving AI. What it means for you: Regulatory missteps can delay approvals, trigger recalls, or result in costly legal consequences. Risk tip: Work with insurance and compliance partners who understand FDA guidelines and offer Product Liability and Errors & Omissions (E&O) coverage tailored to the medical device space. 2. Rising Product Liability Exposure Device failure, software glitches, or even improper use by healthcare providers can result in lawsuits. As more devices integrate with patient-monitoring systems or electronic health records, the liability risk grows. What it means for you: A single adverse event could trigger a recall or class-action lawsuit—threatening both finances and reputation. Risk tip: Make sure your Product Liability Insurance covers not just manufacturing defects but also software errors, user misuse, and failure-to-warn claims. 3. Cybersecurity Threats Modern medical devices often connect to networks or rely on cloud-based platforms. While these innovations improve outcomes, they also open the door to cyber threats, data breaches, and ransomware attacks. What it means for you: Cyber vulnerabilities aren’t just an IT issue—they’re a patient safety issue and a regulatory concern. Risk tip: Invest in Cyber Liability Insurance and conduct regular risk assessments to ensure device security meets current standards. Consider adding Technology E&O for added protection. 4. Global Supply Chain Disruptions Many medical device firms rely on global suppliers for parts, packaging, or components. Disruptions—whether due to political unrest, natural disasters, or logistical delays—can halt production and affect delivery timelines. What it means for you: Even a small supplier issue can lead to missed deadlines, contract breaches, or lost revenue. Risk tip: Review your Business Interruption and Contingent Business Interruption Insurance to ensure your policies account for third-party supply chain risks. 5. Growing Demand for ESG and Sustainability Compliance Investors, healthcare providers, and regulators are putting pressure on medical device companies to demonstrate strong Environmental, Social, and Governance (ESG) practices. What it means for you: Non-compliance or lack of transparency could impact investor relations and contract eligibility with healthcare networks. Risk tip: Integrate ESG into your risk management strategy and document your compliance efforts. This may also impact the types of coverage and limits insurers are willing to offer. The risk landscape for medical device companies is becoming more complex—and more high stakes. But with a proactive strategy and the right insurance partner, your firm can navigate these challenges with confidence. At Strive Insurance, we specialize in protecting innovation. Let’s review your current coverage and make sure it’s built for today’s risk—and tomorrow’s growth.  Managing properties in Texas comes with its share of challenges—from fluctuating weather conditions to tenant disputes and building maintenance. As a property manager, your job involves juggling these risks while keeping owners, tenants, and vendors happy. But one area where many property managers unintentionally fall short is insurance. Overlooking key details can leave your business exposed to significant financial and legal consequences.
At Strive Insurance, we work closely with Texas property managers to help them identify and avoid common insurance pitfalls. Here are five major ones to watch out for: 1. Underinsuring the Property One of the most common mistakes is underestimating the cost to rebuild after a loss. With construction costs rising across Texas, your policy limits from a few years ago may no longer be adequate. If a fire or storm destroys part of the property, you could be stuck covering the difference between the insured value and the actual rebuild cost. Solution: Schedule regular insurance reviews with your agent to update property valuations and ensure your policy keeps up with inflation and material costs. 2. Neglecting Liability Risks Slip-and-falls, tenant injuries, or even crimes on the property can lead to lawsuits. Liability claims are not only expensive—they can also damage your reputation. Solution: Make sure you have robust General Liability coverage and consider adding Umbrella Liability Insurance for additional protection. Also, verify that contractors working on your property carry their own liability insurance and workers' comp. 3. Gaps in Coverage for Tenant-Caused Damage Some policies won’t cover damage caused by tenants, leaving you responsible for costly repairs. Whether it’s an unauthorized pet, a kitchen fire, or water damage, these exclusions can catch you off guard. Solution: Ask your insurance agent to review your policy exclusions and recommend endorsements that fill in these gaps. Encouraging or requiring tenant renters’ insurance is also a smart move. 4. Skipping Cyber Insurance Many property managers rely on digital systems for rent collection, maintenance requests, and tenant communication. If your systems are hacked or data is compromised, your liability and recovery costs could be massive. Solution: Invest in a Cyber Liability Insurance policy. It’s affordable and helps cover recovery costs, legal fees, and notification requirements after a data breach. 5. Assuming the HOA’s Insurance Has You Covered If you manage condos or townhomes, don’t rely on the homeowners’ association’s policy to protect your interests. HOA policies often only cover common areas, leaving you exposed. Solution: Clarify responsibilities between your policy and the HOA’s master policy. Your agent can help make sure you’re not caught in a coverage gap. Final Thoughts Texas property managers face a complex insurance landscape, but the right guidance can make all the difference. At Strive Insurance, we specialize in helping property managers identify risks, close coverage gaps, and gain peace of mind. If you're unsure whether your current insurance setup is protecting you fully, let’s schedule a quick consultation. We’ll help you avoid the pitfalls—and build a stronger foundation for your business. |
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