Top Property & Liability claims for businesses in Destin & Fort Walton Beach Florida

Businesses face a range of property and liability risks that can lead to costly claims in Destin & Fort Walton Beach Florida.

Here are some of the most common examples of claims in our area: 

Top Property Claims:

1. Fire & Smoke Damage – Caused by electrical faults, kitchen fires, arson, or natural disasters.
2. Wind & Hail Damage – Common in areas prone to severe storms, hurricanes, or tornadoes.
3. Water Damage & Freezing – Resulting from burst pipes, roof leaks, or flooding.
4. Theft & Vandalism – Losses from break-ins, employee theft, or property damage by third parties.
5. Equipment & Machinery Breakdown – Includes failures of HVAC systems, refrigeration units, or essential business machinery.
6. Business Interruption – Loss of income due to property damage, fires, or disasters that halt operations.

Top Liability Claims:

1. Slip & Fall Injuries – Customers, vendors, or employees injured on business premises due to wet floors, uneven surfaces, or poor lighting.
2. Product Liability – Claims from defective or dangerous products causing injury or property damage.
3. Professional Errors & Omissions (E&O) – Mistakes or negligence in professional services that cause financial losses to clients.
4. Cyber Liability & Data Breaches – Lawsuits and penalties from exposure of customer or employee personal data due to hacking or cyberattacks.
5. Employment Practices Liability – Claims related to wrongful termination, discrimination, harassment, or wage disputes.
6. Workers' Compensation Claims – Employee injuries or illnesses occurring on the job, leading to medical costs and lost wages.
7. Auto Liability – Accidents involving company vehicles leading to third-party injuries or property damage.

Ask the agents at Norton Insurance of Florida if you have questions about your business insurance risks or fill out a quote form for a business risk evaluation.