Fueling Confidence: Commercial Insurance for Propane Gas Suppliers, Dealers, and Distributors in Texas
For propane gas suppliers, dealers, and distributors in Texas, managing the high-risk nature of handling and transporting flammable materials necessitates comprehensive commercial insurance. From potential leaks and accidents to transport liabilities and storage safety, the right insurance is critical for the smooth and secure operation of your business. In order to prepare for such scenarios, it’s good for companies that handle propane gas to carry general liability insurance. You may also need a host of other general business policies like workers compensation coverage to protect your employees.
If you’re looking for an insurance provider that offers comprehensive liability insurance for your propane gas business in Texas, contact Quote Texas Insurance today. We provide policies that cater to the uniqueness of your business. For more information, dial 844-402-4464.
Don't get burned! Here's our Insurance Portfolio for Propane Gas Businesses
Quote Texas Insurance has access to a number of carriers that may provide a comprehensive range of basic sales & service provider insurance coverage, including but not limited to:
Three Ways to Get Your Quote
Here’s a quick and easy guide to the LP gas licenses we cover at QuoteTexas.com:
Category D:
We insure general installers and repairmen. If you sell, install, or fix LP-gas containers and systems, except in cars or RVs, we've got you covered!
Category E:
If you're a dealer who stores, sells, or moves LP-gas, we insure all your activities, except making and fixing big gas containers or working on car fuel systems over 25 horsepower.
Category F:
Run a place where you fill up gas cylinders? We insure that too, including filling cylinders and swapping valves.
Category G:
Operating a gas station for LP-gas? We insure stations that fill up gas containers for vehicles.
Category H:
We also insure those who transport and sell LP-gas in small cylinders.
Category I:
Do both filling cylinders and running a service station? We cover all those services in one go!
Stay safe and insured with us while you work with LP-gas!
Protect Your Propane Business with Quote Texas Insurance
No one wants a propane-related accident to happen. If it does, you need protection from any distressed employee or client that may try to hold you accountable. With Quote Texas Insurance gas supplier, dealer, & distributors coverage options for professional liability insurance, general liability insurance, and pollution liability insurance, you can cover any issues and protect your reputation. Additional coverages to consider include:
- Equipment Inland marine insurance
- Commercial Property insurance
- Commercial general liability
- Commercial auto liability/ physical damage
- Excess liability (supplements your current policies)
Below is an overview of key insurance requirements that apply to propane gas suppliers, dealers, and distributors, based on regulatory guidelines.
1. Workers' Compensation and Employer's Liability Coverage
All propane businesses are required to carry:
- Workers' Compensation Insurance: Including Employer's Liability or an alternative
- Accident/Health Insurance Coverage:
- Medical expenses: Minimum coverage of $150,000
- Accidental death benefits: Minimum coverage of $100,000
- Loss of limb or sight: Minimum coverage of $100,000, based on a defined scale
- Loss of income: Coverage of at least 60% of pre-injury income for up to 52 weeks, subject to the Texas Workforce Commission's annual maximum weekly wage.
2. General Liability Coverage
Your propane business must maintain:
- General Liability Insurance:
- Premises and Operations Coverage: Minimum of $300,000 per occurrence and $300,000 aggregate.
- Applicable to most propane businesses, including distributors, manufacturers, and retailers.
3. Products and Completed Operations Liability
Businesses engaged in manufacturing, supplying, or servicing propane equipment are required to have:
- Completed Operations or Products Liability Insurance: Minimum coverage of $300,000 aggregate.
4. Motor Vehicle Liability Coverage
For businesses operating vehicles to transport propane or related products:
- Minimum Coverage Requirements:
- Combined Single Limit: Minimum of $500,000 for bodily injury or death in any one accident.
- For state agencies, the limit is reduced to $300,000.
5. Small Propane Businesses and Special Licenses
For businesses with smaller operations or specific license categories:
- General Liability Insurance:
- Premises and Operations Coverage: Minimum of $25,000 per occurrence with a $50,000 policy aggregate.
Let Us Protect Your Propane Business in Houston, DFW, Austin & throughout Texas
You can trust Quote Texas Insurance to find the right coverage for your propane gas business. We’ve been working with various businesses since 2001, and our experience has taught us unique industries require specialized coverage. In the propane gas industry, we strongly urge propane suppliers, dealers, and distributors to carry professional liability insurance, general liability insurance, and pollution liability insurance to protect their businesses. Quote Texas Insurance also offers workers' compensation coverage to protect your hardworking employees. To learn more, Give us a call at 844-402-4464 or click here to meet with one of our insurance specialists ASAP.
