Commercial Insurance in Florida: Types, Rates and Quotes
Commercial insurance is a way to protect businesses from financial risks associated with property, liability, and other aspects of the business. In Florida, there are several commercial insurance options available to businesses. Below are descriptions of some of the most common types of commercial insurance.
Types of commercial insurance
Liability insurance:
This type of insurance covers damages that a company may cause to third parties. For example, if a customer is injured on the company's premises, liability insurance may cover the medical and legal expenses associated with the injury.
Workers' compensation insurance:
This type of insurance covers medical expenses and lost wages for employees who are injured or become ill on the job. In Florida, most businesses are required to carry workers' compensation insurance.
Commercial property insurance:
This type of insurance covers damage to company property, such as buildings, equipment, and supplies. It may also cover damage caused by events such as fire, flood, and theft.
Vehicle insurance:
All types of insurance for commercial, industrial, and recreational vehicles are available.
