Owning your own business can be a rewarding venture, not only financially, but also for the satisfaction of being your own boss.  But, unfortunately,  it’s not all good times and glamor.  There are  a lot of things to keep track of.  Things like regulations, state and federal laws, requirements and financial reporting.  Knowing the ins and outs of Florida business insurance will not only help keep you on the right side of the law, it will also offer your it the protection it needs to survive and prosper.

What Your Florida Small Business Insurance Should Cover

In the state of FL some small businesses are required to carry liability coverage for one of the following scenarios:

• Liability to cover any person injured at your place of work.
• Liability to cover any damages or injuries as a result of the use of your products.
• Coverage for company automobiles.  This is required by the state and covers vehicles and even employees’ vehicles if driven for work purposes.  It can also protect you if anyone driving a company vehicle is involved in an accident not caused by them, but where the other driver may not have enough coverage to pay all of your losses.

In addition, you’ll need to consider Florida workers’ compensation coverage depending on the size and type of company you run.  YourForidaInsuranceQuotes.com will be able to discuss the requirements to make sure you are in compliance with Florida laws concerning workers’ compensation.

And finally, don’t forget about those nasty hurricanes. Since Florida is the state that gets the most hurricanes in the entire country,  you need to have coverage for your property.  Don’t forget to get coverage for the contents of your operation including office equipment.  And […]

Purchasing business insurance Florida services for the very first time?

Owning and operating your own business is one of the best ways to secure your financial future today.

Too terribly many people are discovering that the old “get good grades, go to good college, and get a good job” path isn’t quite what it was promised to be – and our modern economy shows just how difficult (and fast-changing) things are going to get in the future.

By owning your own business, you are going to be your own boss. You are going to be able to enjoy the profits your business creates, as well as all of the freedom that it allows you to take advantage of moving forward.

But you need to protect that freedom and those profits by purchasing the right business insurance Florida services – something that is nowhere near as simple or straightforward as it seems on the surface. Hopefully when you finish this quick guide you will have a better understanding of this particular process and can end up with the services that protect you completely.

Research everything

The very first thing that you are going to need to do (before absolutely everything else) is to outline exactly the kind of coverage that you are looking for in the first place. Not only are you going to need to know what basic levels of coverage you’ll need for your business, details that likely will be industry-specific, but you’re also going to need to make sure that you have a specialized coverage as well.

The next step in your research phase is to look at all of the different firms and organizations out there that can help you, and then interviewing at least five or six of them so that you can narrow the list down dramatically.

Only work with professionals

Your next step is to commit to only working with the very best of the best […]

Florida Business Insurance

When you own a business, you have to make sure you know what your options are to protect yourself.  Florida business insurance is an important decision that you have to make, but there are many options available.  This article will explain the different types of coverage available to you as an owner so you can choose the best options for your needs.

Business Liability

A liability policy provides coverages that protect your business from financial losses if someone is injured or incur property damages as a result of your business or employees.  This type of Florida business coverage generally includes the following types of coverages:

• Bodily Injury – This coverage pays for bodily injury that occurs to someone that is not an employee, or injuries that are the result of your or your employee’s actions at the client’s workplace or home.
• Property Damage – Provides coverage for any damages to another person’s property that is caused by your employees or you.
• Personal Injury – This type of coverage covers any damage that is caused to another person’s rights or reputation as a result of slander, libel, invasion of privacy, copyright infringement, false arrest, invasion of privacy, or other similar acts.
• Advertising Injury – Covers any losses that occur due to your advertising
• Judgments and Legal Defense – Provides coverage for legal costs that are incurred as the result of judgments and lawsuits that are brought against your company, including frivolous suits.  This coverage does not typically protect you from costs that are associated with willful misconduct or negligence.

Florida liability business insurance is not a requirement, […]

Business owners—do you have your business insurance sorted out for the fall season? Have you, in fact, made sure that your business is insured for the entire year? With the many problems that can arise from working with a business throughout the year, it’s not only smart to get some kind of business insurance policy, but it’s also required for all businesses across the United States.

A look at business insurance

The term business insurance itself encompasses the different insurance coverage options for business owners who want to make sure that their business loses no ability to continue operating as-is. It essentially provides businesses various degrees of protection to make sure that business owners and their businesses are covered against losses, damages and/or liabilities.

Business insurance works differently when compared to homeowners insurance and even car insurance. When you get a business insurance policy, you’re essentially investing in an insurance policy that operates upon covering risks.

When it comes to operating a business, any kind of business, the prospect of risk is a very real one, one that more or less determines what a business owner needs to protect themselves against. If a business owner can foresee potential risks, their insurance policy can make sure they’re covered in the case of an emergency.

So, what happens if a business owner isn’t covered in case of an emergency? Take this: most business owners assume that just because they’re making profits, that they’ll be ‘covered enough’ in the case of an emergency. After all, it’s those funds that can help replace and/or fix losses from so and so’s business property.

The thing is something like that is a lot more unattainable than you might think. Even though your business is in […]