Running a business can be overwhelming. Choosing the perfect Florida commercial insurance policy shouldn’t be! To make it easier, we’ve defined some terms you may come across when shopping for insurance.
General Liability Insurance: This type of insurance protects business owners and operators from a wide variety of liability exposures, such as injuries that occur when a customer falls on the premises.
Commercial Property Insurance: This covers damage to or loss of property. This could include your building or office, your inventory, any outdoor signage, landscaping, fencing or any additional structures.
Excess Liability or Umbrella Insurance: This will act as an umbrella to your basic liability insurance and provide a safety net when your other coverage has been exhausted.
Worker’s Compensation: This provides medical care and rehabilitation of injured employees and replaces lost income and wages. It can save you and your business from employee issues and costly lawsuits.
Educating yourself is the first step to understanding your Florida commercial insurance policy and the coverage it provides. If you have any other questions, please feel free to contact us!