Florida Commercial Insurance
We typically have more than 1000 active commercial policies at any time and are familiar with many types of business, especially contractors. We often have many quick solutions for business insurance that can be quoted and bound in minutes. For those types of policies that require a little more individual underwriting, we are well acquainted with a variety of specialty insurance companies.
Insurance agents are an important partner in growing your business. That sometimes comes with some tough love as insurance companies may set coverage limitations as you work your way into an established and well-defined business. But as we work together, we aspire to land in a long-term stable and predictable relationship with a insurance company who understands you and your business.
Our services are built on loyalty and trust, with a focus on clients who value these qualities in an insurance partner. The cost of insurance is of course an important part of your success & we are here to advocate for coverage, quality, and stability in your insurance relationships.
Typical examples of commercial insurance for starting a new business in Destin and Ft Walton Beach Florida :
- Most businesses:
- General Liability- for most if not all businesses
- Workers Comp- for injury to you or employees
- Many businesses:
- Professional liability- for licensed professionals
- Auto- for titling and using vehicles for business use, whether for-hire or private
Some businesses or specific situations:
- Crime- for businesses who handle other people’s money
- Bonds- for completing contracts or complying with requirements
- Property- for structures you own
- Builders Risk- for physical damage coverage to new construction or remodels
- Equipment- for specialty equipment or machinery, whether mobile or not
- Cargo- for transportation businesses
- And many more
- Being specific in what services you offer makes it easier to find coverage
- Get quotes early in your planning process
- Prepare estimates for annual revenue and payroll
- It sometimes takes 3 years to get preferred rates, so hang in there early on!
- Mixing business with personal can be complicated, do your best to keep them separate or at least disclose it to your agent, especially with auto
- If you have even a single employee, workers comp is recommended even though not always legally required.
- Update your agent if any substantial changes are made in services offered or in revenue/payroll to avoid large audit premiums
