What commercial insurance does a small business need in Florida?
Most start with general liability (third-party injuries/damage) and commercial property (your building, equipment, inventory). Depending on your business: workers' comp (required for most FL employers), commercial auto, professional liability (E&O), and cyber liability. We tailor the package to your industry and size.
Is workers' compensation required in Florida?
For most industries, yes once you have 4+ employees (full- or part-time). Construction requires it with even one employee. Officers/owners can sometimes exempt themselves. Penalties for going without are steep — it's one of the first coverages to get right.
How much does business insurance cost in Florida?
A small business general liability policy often runs a few hundred to a couple thousand dollars per year, depending on industry, revenue, and location. Contractors and restaurants pay more than consultants. Bundling coverages into a Business Owner's Policy (BOP) usually saves money.
What's the difference between general liability and professional liability?
General liability covers physical risks — a customer slips in your store, or you damage a client's property. Professional liability (E&O) covers financial harm from your work — bad advice, missed deadlines, negligence in a service. Many businesses need both.
Does my home-based business need commercial insurance?
Usually, yes — homeowners policies exclude business activities and business property beyond small sublimits. A home-based business endorsement or standalone BOP covers your equipment, inventory, and liability. If clients visit your home, it's essential.
