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:

• Notifying customers
• Shipping and disposal costs
• Product replacement
• Public relations to protect your brand

In industries like food, supplements, electronics, or toys, recall coverage is essential. One mistake can trigger a recall that costs more than the lawsuit itself.

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:

• Inadequate warnings
• Faulty or missing instructions
• Mislabeling (especially in food, chemical, or medical products)

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:

• Legal defense costs
• Settlements or judgments due to claims of negligence or incorrect results
• Mistakes in data interpretation or reporting

Labs that provide results for critical decisions (e.g., drug formulation, water safety, or food allergens) can’t afford to go without this.
 
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.
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Regulatory & Legal Expense Coverage can assist with:

• Costs associated with responding to investigations
• Legal fees during audits or hearings
• Fines and penalties (in some cases, where allowed by law)

​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:

• Repair or replacement of key instruments
• Losses from contamination due to malfunction
• Business interruption due to downtime

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:

• Ransomware attacks and business interruption
• Client data exposure and legal costs
• System restoration and regulatory fines

5. Contamination or Sample Spoilage
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:

• Lost value of samples or raw materials
• Additional costs of retesting
• Loss of client revenue from delays

6. General Liability and Property Risks
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:

• General liability
• Property coverage
• Business interruption protection
  can keep your operations stable after a physical loss.

Why Labs in Texas Need Specialized Protection
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.

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.
 

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.
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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.
 

As a property manager in Texas, you face a variety of risks daily—from tenant disputes to property damage and liability claims. Without the right protection, these risks can lead to financial losses and legal complications. At Strive Insurance, we specialize in helping property managers secure the right insurance solutions to protect their businesses.
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Key Risks for Property Managers
Property managers must deal with:

• Tenant-caused damage – Unexpected repairs can become costly.
• Slip-and-fall incidents – Injuries on managed properties can lead to lawsuits.
• Natural disasters – Texas weather can be unpredictable, making property coverage essential.
• Contractor and vendor liability – Work done on your properties by third parties can create liability exposures.

Best Insurance Solutions for Property Managers
To protect your business, consider the following coverage options:

1. General Liability Insurance – Covers legal expenses from third-party claims related to injuries or property damage.
2. Commercial Property Insurance – Protects against damage to buildings, offices, and equipment.
3. Tenant Discrimination Insurance – Helps defend against claims of discrimination from tenants or prospective tenants.
4. Errors & Omissions (E&O) Insurance – Shields you from legal costs related to professional mistakes or contract disputes.
5. Umbrella Insurance – Provides extra protection beyond standard policy limits.

Why Choose Strive Insurance?

At Strive Insurance, we understand the unique challenges of property management and offer customized insurance solutions that fit your specific needs. Whether you manage residential properties, commercial buildings, or multi-family units, we’ll ensure you have the right coverage.

🔹 Get a free risk assessment today! Contact Strive Insurance to safeguard your property management business in Texas.
#PropertyManagement #InsuranceForPropertyManagers #StriveInsurance #TexasInsurance

The medical research industry plays a critical role in advancing healthcare, but with innovation comes significant risks. Labs and biotech firms face unique challenges, from intellectual property concerns to compliance issues. At Strive Insurance, we help medical research firms in Texas secure the right insurance to protect their operations.

Top Risks Facing Medical Research Firms
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🔬 Intellectual Property (IP) Disputes – Research-based companies must protect patents, trademarks, and proprietary information.

💉 Clinical Trial Liabilities – Human trials come with potential legal risks if participants experience adverse effects.
⚠️ Equipment & Supply Chain Issues – Specialized research equipment is expensive and difficult to replace in the event of breakdown or theft.
📜 Regulatory Compliance Risks – Failure to meet FDA and industry standards can result in fines and business shutdowns.

Essential Insurance Solutions for Medical Research Firms

1. General Liability Insurance – Covers accidents and property damage.
2. Professional Liability (Errors & Omissions) Insurance – Protects against claims of negligence or inaccurate research findings.
3. Clinical Trial Insurance – Mitigates risks associated with human trial testing.
4. Intellectual Property (IP) Insurance – Provides financial protection for legal battles over patents and proprietary research.
5. Cyber Liability Insurance – Protects against data breaches and hacking attempts.

Strive Insurance: Your Partner in Medical Research Risk Management

At Strive Insurance, we tailor insurance solutions to the medical research industry’s complex needs. We understand the risks you face and work with top carriers to provide robust coverage.

💡 Looking for better coverage? Contact Strive Insurance today to protect your research investment.

#BiotechInsurance #MedicalResearch #StriveInsurance #RiskManagement
 

Finding the right insurance partner for your business is more than just getting coverage—it’s about working with experts who understand your industry, anticipate risks, and help you grow confidently. Strive Insurance is Texas’s trusted provider of commercial insurance solutions, specializing in industries like property management, medical offices, and biotech firms.

Why Choose Strive Insurance?
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✅ Industry-Specific Expertise – We specialize in commercial businesses, tailoring coverage to meet your unique needs.
✅ Comprehensive Risk Assessments – Our team evaluates your current policies and potential exposures to ensure you’re fully protected.
✅ Local Texas Knowledge – As a Texas-based firm, we understand the unique risks that businesses in the state face, from severe weather to industry-specific regulations.
✅ Strong Carrier Relationships – We work with top-rated insurance providers to secure the best coverage at competitive rates.
✅ Personalized Service & Claims Support – Insurance isn’t just about buying a policy; it’s about having a team that supports you when you need it most. Our claims support team helps ensure a smooth process when the unexpected happens.
Industries We Serve

• Property Managers – Protection against tenant-related risks and liability.
• Medical Offices & Research Facilities – Coverage for malpractice, intellectual property, and compliance risks.
• Biotech Firms – Specialized insurance for R&D operations, clinical trials, and regulatory compliance.
• Commercial Businesses – Tailored coverage for general liability, property damage, and business interruption.

Partner with Strive Insurance Today
Your business deserves an insurance partner that works as hard as you do. Let Strive Insurance help you navigate the complexities of risk management and secure the future of your company.
📞 Call us today for a free consultation and risk assessment!
#TexasBusiness #CommercialInsurance #StriveInsurance #BusinessProtection #RiskManagement

The biotech and life sciences industry is at the forefront of innovation, pushing the boundaries of science to create groundbreaking treatments and solutions. However, this pioneering spirit comes with significant risks that can threaten the stability of these businesses. Intellectual property disputes are common, as companies vie to protect their unique innovations. Regulatory challenges add another layer of complexity, as stringent FDA requirements and international compliance standards must be met. Furthermore, clinical trial liabilities can arise if adverse events occur, leading to lawsuits or halted progress.
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Operational risks such as supply chain disruptions also loom large, particularly for companies reliant on specific raw materials or global suppliers. Cybersecurity breaches are another growing concern, as sensitive research data and proprietary information make biotech firms prime targets for hackers. Without proper risk management, these vulnerabilities can result in severe financial losses, damaged reputations, and delayed advancements.

The Solution: Strive Insurance understands the unique challenges faced by biotech and life sciences businesses and offers comprehensive insurance solutions to address these risks. Our specialized policies include:

• Clinical Trial Liability Insurance: Coverage for potential lawsuits or claims arising during clinical trials, ensuring your research can proceed without financial hindrance.
• Intellectual Property Protection: Safeguarding your patents, trademarks, and proprietary technologies from disputes or infringement claims.
• Product Liability Insurance: Protection against claims related to defective products that may cause harm to consumers.
• Cyber Insurance: Coverage for data breaches, ransomware attacks, and other cybersecurity threats to protect sensitive information.
• Supply Chain Insurance: Mitigating the financial impact of disruptions in your supply chain, ensuring continuity in production and distribution.

By partnering with Strive Insurance, biotech companies can focus on innovation and growth, knowing they are protected from potential pitfalls. Our team of experts works closely with clients to tailor policies that address their specific needs, providing peace of mind and long-term stability.
 

The dietary supplement industry has grown exponentially, driven by increasing consumer interest in health and wellness. However, this thriving market comes with significant risks that businesses must navigate to stay successful. From product liability to regulatory challenges, understanding and managing these risks is essential for long-term stability and growth.
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Key Risks in the Dietary Supplement Industry

1. Product Liability Risks
   Dietary supplements are consumed directly, making them subject to heightened scrutiny. If a supplement causes an adverse reaction or fails to deliver promised results, businesses could face lawsuits, recalls, and reputational damage.
2. Regulatory Compliance Challenges
   Dietary supplements are regulated by agencies such as the FDA in the U.S. and EFSA in Europe. Maintaining compliance with labeling, ingredient safety, and manufacturing standards can be challenging, especially as regulations evolve.
3. Mislabeling and False Advertising Claims
   Consumers and regulators are quick to act on misleading or inaccurate product claims. Fines, lawsuits, and damaged credibility can result from even unintentional mislabeling or overstated benefits.
4. Supply Chain Disruptions
   Many supplements rely on a global supply chain for raw ingredients. Disruptions from natural disasters, geopolitical conflicts, or quality issues can lead to production delays and financial losses.
5. Quality Control and Contamination Issues
   Contamination during manufacturing or the use of substandard ingredients can result in costly recalls and damage to your brand’s reputation.
6. Intellectual Property Risks
   With intense competition in the supplement industry, businesses risk infringement claims or theft of proprietary formulations, packaging designs, or branding.
7. Cybersecurity and Data Privacy Threats
   As e-commerce becomes a dominant sales channel, dietary supplement businesses are increasingly vulnerable to cyberattacks, compromising customer data and payment information.
8. Evolving Consumer Trends
   Consumer preferences can shift rapidly in this industry. Failing to adapt to trends like plant-based ingredients or sustainability can leave a business behind competitors.

Partner with Experts to Protect Your Business
The dietary supplement industry is dynamic and full of opportunity, but risks abound. Partnering with a knowledgeable insurance advisor ensures your business is prepared to face challenges head-on. Customized insurance solutions can provide financial protection, peace of mind, and the ability to focus on growing your brand.

If your dietary supplement business is ready to strengthen its risk management strategy, contact us today. We specialize in creating tailored insurance plans for businesses like yours, empowering you to thrive in a competitive and ever-changing market.

Product liability insurance is an essential type of insurance that helps protect businesses from the financial repercussions of legal claims related to their products. While not all companies may require product liability insurance, it is an important consideration for companies that produce and sell products. Here are three key reasons why businesses should consider product liability insurance.

Protection From Legal Claims
The primary reason for purchasing product liability insurance is to protect against legal claims arising from injuries or damages caused by a business's products. Even if a business takes all necessary precautions to ensure that its products are safe, accidents can happen. In the event that a customer is injured or property is damaged as a result of a product, the business may be held liable. This can result in costly legal fees, settlements, or judgments. Product liability insurance can help mitigate these costs and protect the business's financial assets.

Compliance With Regulations
Product liability insurance may be required by law or by the businesses' customers or suppliers. For example, businesses that sell products to government entities or large corporations may be required to have product liability insurance as part of their contract. Similarly, certain industries or products may require specific insurance coverage to comply with regulations. By having product liability insurance, businesses can ensure that they meet these requirements and avoid potential penalties or lost business opportunities.

Peace Of Mind
Finally, product liability insurance can provide peace of mind for business owners and operators. Running a business comes with many risks and uncertainties, and the potential for legal claims related to products can be a source of stress and worry. By having product liability insurance, businesses can rest assured that they have protection in place in the event of an accident or lawsuit. This can allow business owners to focus on growing their businesses and serving their customers.

In conclusion, product liability insurance is an important consideration for businesses that produce and sell products. It can provide protection from legal claims, help businesses comply with regulations, and offer peace of mind for business owners and operators. While not all businesses may require product liability insurance, it is a valuable investment for those that do.