Florida Business
Risk Assessment
Most Florida small businesses have at least one critical coverage gap they don't know about. Find yours before a claim does.
Florida Business Coverage Risk Factors
Any "Critical" flag is a serious exposure. Review all flags with a licensed commercial agent before your next renewal.
Liability Exposure
No General Liability policy
A single slip-and-fall or property damage claim can exceed $100,000. GL is the foundation of any business insurance program.
GL limits below $1M per occurrence
Many contracts and commercial leases require $1M minimum. Inadequate limits expose your personal assets.
No Professional Liability (E&O) for service businesses
If you provide advice, consulting, or professional services, a client can sue for errors or omissions. GL does not cover this.
No Cyber Liability coverage
Florida businesses face significant cyber risk. A data breach can cost $200,000+ in notification, legal, and recovery costs.
Property & Operations
Business property not separately insured
Your homeowners policy does NOT cover business equipment used at home. A separate BOP or commercial property policy is needed.
No Business Interruption coverage
If a covered loss forces you to close temporarily, BI coverage replaces lost income and pays ongoing expenses during the shutdown.
Commercial vehicles not on a commercial auto policy
Personal auto policies exclude business use. If an employee has an accident in a company vehicle, you may have zero coverage.
No inland marine coverage for equipment off-premises
Tools and equipment at job sites or in transit are often excluded from standard commercial property policies.
Employees & Workers
No Workers' Compensation (required in FL for 4+ employees)
Florida requires WC for businesses with 4+ employees (1+ in construction). Penalties for non-compliance include fines and stop-work orders.
No Employment Practices Liability (EPLI)
Wrongful termination, harassment, and discrimination claims are among the fastest-growing business lawsuits. EPLI covers your defense costs.
No key person life insurance
If a key owner or employee dies, the business may struggle to survive. Key person insurance provides capital to recruit, train, or buy out a partner.
No buy-sell agreement funded by life insurance
Without a funded buy-sell, a partner's death or disability can force a business sale or family dispute over ownership.
Coverage Checklist by Business Type
Core coverages for common Florida business categories.
Retail / Restaurant
Contractor / Trades
Professional Services
Healthcare / Medical
Business Insurance — Common Questions
Is Workers' Compensation required in Florida?
Yes, for most businesses. Construction companies with 1 or more employees must have WC. Non-construction businesses with 4 or more employees (including part-time) are required to carry it. Agricultural employers have different thresholds. Penalties for non-compliance include fines and stop-work orders.
What is a Business Owner's Policy (BOP)?
A BOP bundles General Liability and Commercial Property into a single policy, typically at a lower cost than buying them separately. It's designed for small to mid-size businesses and often includes Business Interruption coverage. Not all businesses qualify — high-risk industries may need separate policies.
Does my homeowners insurance cover my home-based business?
No. Standard homeowners policies exclude business activities, business equipment, and business liability. If you operate a business from home, you need either a home-based business endorsement or a separate commercial policy.
What is the difference between General Liability and Professional Liability?
General Liability covers bodily injury, property damage, and advertising injury caused by your business operations. Professional Liability (E&O) covers claims that your professional advice or services caused a financial loss to a client. Service businesses need both.
Protect What You've Built
Jaime reviews your business coverage to identify gaps and find the right commercial policies for your industry — at no cost to you.
Licensed in Florida · Independent agent · Bilingual · No obligation