Commercial Insurance in Florida
We offer customized commercial insurance plans here at Insurance Warehouses of America in Orlando, FL. If you are a business owner, you should consider coverage for both legal and financial reasons. There are many things that can happen that can put your business in jeopardy, such as employee injuries, customer injuries, and even natural disasters.
Commercial Insurance Requirements
If you own a business, you may not want to obtain commercial insurance beyond what is required legally. The state of Florida requires all businesses to obtain workers’ compensation insurance as well as auto insurance if your business owns a company vehicle.
Workers’ compensation insurance covers medical costs as well as lost wages for employees who become ill or injured while on the job.
Commercial auto insurance is important to have because it protects against damage to your vehicles and commercial trailers as well as property damage and injuries related to the use of the vehicles. If you use your commercial vehicle to transport supplies, etc. you will need this coverage.
Commercial Insurance Coverage
Additional commercial insurance for your business includes:
- Business owner’s policy- This is a combination of liability protection and property damage coverage in one policy that is easy to manage. It is common among business owners that have mid-sized businesses and smaller ones.
- Professional liability- This business insurance is common among companies that offer professional services. It protects your business against claims of negligence and can help cover legal fees.
- Cyber insurance- This will protect your business against cyberattacks as well as data breaches. It also covers settlement costs and legal fees.
To obtain a quote for commercial business, please contact our Insurance Warehouses of America office located in Orlando, FL. You can also give us a call and one of our agents will gladly assist you in choosing the right plan for your business.