Reading: Florida Business Insurance
Florida businesses that provide professional services should consider this coverage. It protects businesses from claims of professional negligence, both actual or alleged, and helps pay for defense mechanism costs. It ’ s sometimes referred to as errors & omissions insurance ( E & O ). A BOP combines property and liability coverage into one easy-to-manage policy. It ’ sulfur democratic among owners of little to medium-sized businesses who rent or own the construct in which they do business. This is required in Florida if your business has employees. Workers ’ compensation pays for medical costs and lost wages of employees who become injured or ill on the job. This coverage protects against damage to your vehicles and trailers, ampere well as injuries or property damage related to their use. You ’ ll need this coverage if you use your vehicle to transport supplies or travel between job sites. This is the most common business policy coverage and about all Florida businesses should have it. It protects against third-party bodily injury and property damage, ampere well as personal and ad injury .
How much does Florida business insurance cost?
The cost of business insurance in Florida depends on a diverseness of factors including a clientele ’ south size, localization and coverage needs. For case, a business located on the slide near Miami will have a unlike pace than a commercial enterprise located inland near Gainesville .
The most influential factor, however, is the character of ferment that you do. Professions are typically rated on the exposures that are singular to their diligence. Businesses that are considered bad typically pay more for coverage .
Learn more about the factors that affect your business indemnity pace. You can besides get a quote on-line to find out precisely what you ’ ll pay for your alone site.
Florida business insurance requirements
clientele indemnity international relations and security network ’ t required by Florida state police except for workers ’ compensation. Employers must carry this coverage to protect their employees should they become hurt or ill while at exploit .
coverage requirements depend on your industry, number of employees and other factors. For example, coverage must be provided for construction businesses with one or more employees, and for non-construction businesses with four or more employees .
While you ’ re not legally required to carry early types of coverage in Florida, you probably should. An unexpected incident can result in a claim that ’ s unmanageable to afford without it .
Florida professions we insure
We help small commercial enterprise owners from a across-the-board assortment of industries, including these common professions :
Browse more examples of professions we insure .
Convenience – There ’ s respective ways to get a quote whether you need a single Florida policy or a combination of business indemnity coverages. Call us or start a quote on-line to get started .
Commercial Experts –As the # 1 commercial Auto Insurer in America*, you can trust us to help you with other business insurance needs. Our team of specialists are specially trained to build and service your Florida policy.
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Options – We can help you batten coverage at any stage of your business ’ sulfur exploitation with the tractability to adjust your policy as your business changes. Our agents will work with you to make surely you ’ re getting protection that meets both your needs and budget .
Business insurance for all cities in Florida
We offer coverage in all Florida cities, including, but not limited to :
- St. Petersburg
- Fort Lauderdale
- Port St. Lucie
- Cape Coral
*No. 1 commercial car insurance company from SNL Financial ’ second 2019 national written premium data .