No matter what your business is, it is critical that you are covered against the many risks that business owners face. Whether you are working solo in a small business or you have hundreds of employees, there is appropriate coverage available. With business insurance in FL, you can choose the coverage types that fit your individual business needs.
The one type of coverage that almost all businesses should have is liability insurance. This protects your assets from common and less common risks. General liability is highly recommended because it helps to cover everyday threats such as minimal property damage and theft.
If you feel that the limits of general liability may not be enough to cover risks that your business is exposed to, you may want to consider excess liability coverage. This extra insurance padding is meant for more emergency situations like natural disasters. Your business may also need other liability coverage such as legal or employment practices liabilities.
Other Types of Coverage
While liability insurance is important, many companies need other layers of coverage as well. Other types of business insurance in FL that you may want to consider include:
- Loss control
- Errors and Omissions
- Directors and officers
- Claims management
- Guaranteed assessment program
- Florida landlord’s risk
- Commercial property
- Worker’s compensation
- Florida surety bonds
- Risk management