Florida General Liability Insurance
Every business needs to protect themselves from accidents or injuries that may occur on their business grounds. Almost every type of business should have this coverage, it is broad and usually what I call the “starter coverage” because if you get sued, this is often where coverage starts.
There are many different plans and options when choosing a General Liability plan, and our experienced agents at Norton Insurance of Florida can assist you in finding the right plan at the right budget. You may be asked to fill out an industry-specific questionnaire, so the insurance company better understands your business. Businesses within the same industry can be very different so these policies are often tailored to your specific needs. More common businesses enjoy easily accessible coverage at good prices with a wide variety of options.
General Liability coverage for Florida businesses
Florida General Liability insurance, along with your property and work comp policies, protects your business if you're sued for personal injury or property damage. A typical policy will cover those accidents or damages that occur on-site or as a result of using goods or services sold by the company. In addition, coverages can be designed to cover additional costs like attorney fees or court costs.
- Policies are rated in these common ways:
- Annual GROSS Revenue- for products-related businesses such as furniture stores, restaurants, or sometimes general contractors
- Annual Payroll- for service-related businesses such as trade contractors or professionals
- Area- for property-related businesses, such as rental properties
- Units- for more unique type things such as pools, vacant lots, individual rental items, etc
- Some tips for properly insuring your General Liability:
- Not everything is covered. Check your policy for Exclusions, there is usually a list just after the Declarations page.
- Some policies have to remain in force even after the business closes to cover past events
- Subcontractors should always provide certificates of insurance, otherwise you might end up covering them
- Beware of the “minimum earned premium”
Contact Norton Insurance of Florida today to speak with one of our trusted agents about your Florida General Liability insurance & answer any questions you may have and provide you with a General Liability quote.
