Commercial Insurance
Which type of commercial insurance would you like to quote?
Coverage Lines – Simple Explanations
Workers’ Compensation (Work Comp)
Protects your employees if they’re injured or become ill because of their job by helping cover medical bills, lost wages, and recovery costs.
In Oklahoma, employers who are required to carry Workers’ Compensation and don’t can face misdemeanor charges, criminal fines up to $10,000, civil penalties up to $1,000 per day of violation (up to $50,000 for a first violation), and court orders stopping business operations until coverage is in place. If an employee is injured while uninsured, you may also lose liability protections and end up paying the claim yourself.
General Liability (GL)
Protects your business when you cause bodily injury, property damage, or certain advertising-related claims to others. Think slips, trips, accidental damage, or legal defense costs.
Without it, one accident or lawsuit can quickly become a business-changing expense.
Professional Liability (PL)
Protects against claims that your advice, services, errors, or omissions caused financial harm to someone else. Especially important for professionals, consultants, and service-based businesses.
Without it, even doing your job well may not protect you from expensive allegations and legal costs.
Surety Bonds (Bonds)
A bond isn’t insurance for you—it’s a financial guarantee to others that you’ll fulfill obligations, follow laws, or complete work as promised.
If something goes wrong, the bond can pay the damaged party and seek repayment from you. Without required bonds, you may lose contracts, licenses, or opportunities.
Farm & Ranch Insurance
Protects the place where life and business overlap—homes, barns, equipment, livestock, liability, and daily operations.
It can also protect you if visitors are injured on your property or if a weekend hand, helper, or casual labor situation creates unexpected liability exposure. Without proper coverage, one accident, storm, or claim can put both your livelihood and your legacy at risk.
Frequently Asked Questions
Is workers’ compensation insurance required in Oklahoma?
Yes — most Oklahoma employers with employees must carry it. Going without can mean misdemeanor charges, fines, civil penalties, and court orders to stop operating until coverage is in place. We can help you get compliant.
What’s the difference between general liability and professional liability?
General liability covers bodily injury, property damage, and certain advertising claims you cause others — slips, trips, and accidental damage. Professional liability covers financial harm from your advice, services, errors, or omissions. Many businesses need both.
Is a surety bond the same as insurance?
No. A bond is a financial guarantee to others that you’ll meet an obligation or complete work as promised. If something goes wrong, the bond pays the harmed party and then seeks repayment from you. Insurance protects you; a bond protects the people you do business with.
Why use an independent agent for commercial insurance?
Independent agents represent multiple carriers instead of one. Each carrier has its own appetite for industry, size, and claims history, so matching you to the right one usually means better coverage at a better rate.
What kinds of businesses does Josh Hass Insurance cover?
Contractors, retailers, service businesses, owner-operators, farms and ranches, and more across southeast and central Oklahoma — with commercial coverage also available in Texas. Lines include business auto, general liability, professional liability, workers’ compensation, surety bonds, and commercial property and equipment.
