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Small Business Liability Insurance in Orlando, Clearwater, and Lakeland, FL

Small businesses face many of the same risks as larger companies, but don't have the same resources to fall back on if something goes wrong—that's where small business insurance comes in. This policy can reimburse you for certain forms of loss, giving you the time and support you need to get back on your feet and resume your normal operations. This coverage is so important that over 90% of small business see it as a worthwhile investment even when they don't have a lot of cash to spare.

When you're choosing a policy, Business Insurance Center agents can ensure that the policy's limit is high enough to cover your risks. The fact that your business is small doesn't shield you from costly claims, so it's important to obtain the best coverage you can as soon as your company's growth permits. In particular, be sure to increase your policy's limits as your company's revenue grows.

Small Business Coverage

As explained by the Small Business Administration, there are three types of liability coverage that small businesses commonly need:

  • General Liability Insurance covers issues with negligence, injuries, and accidents. Its main emphasis is on helping with the costs of legal defense, as well as providing coverage if you lose your case.
  • Product Liability Insurance is for companies that deal with physical products of some kind. The main focus of this coverage is reimbursing you for claims that arise from injuries caused by a defective product. If you deal exclusively in digital products and services, this policy will not cover those—ask one of our agents about your options.
  • Professional Liability Insurance focuses on errors and negligence that may occur during the course of providing products or services to your customers. If any of the advice you give them is wrong, they may sue for damages, and this policy will help to reimburse you.

Most companies can get by with these three types of small business liability insurance. However, you may need additional coverage if your operations are high-risk enough that a standard policy won't cover them. If you're not sure whether or not your policy covers your operations, our agents would be happy to discuss the issue and make any changes that may be necessary.

Making Sure Your Business Can Get Coverage

Most small businesses can obtain liability insurance without trouble. The only common exceptions to this are companies that operate in industries that are particularly high-risk—for example, companies producing acids for industrial use may find it harder to get coverage. If you're worried that some aspect of your business will increase your premiums or make it more difficult to obtain coverage in the first place, call Business Insurance Center today and ask for guidance. You may find that there is no problem getting insurance at all—and if there is, we may be able to help you reduce your risks and bring premiums into an affordable range.

 

1. "Business & Employee Insurance Issues Among U.S. Small Businesses." National Association of Insurance Commissioners. Accessed April 21, 2016. http://www.naic.org/documents/newsroom_small_business_summary.pdf.

2. "Finding Coverage That Matches Your Business Size." III. Accessed April 21, 2016. http://www.iii.org/article/finding-coverage-that-matches-your-business-size.

3. "Types of Business Insurance." The U.S. Small Business Administration | SBA.gov. Accessed April 21, 2016. https://www.sba.gov/managing-business/running-business/insurance/types-business-insurance.

Our Locations

Business Insurance Center

6979 Kingspointe Pkwy Unit 9
Orlando, FL 32819
Main office: 407-641-1169
Fax: 407-447-1143

Business Insurance Center - Clearwater

325 North Belcher Rd., 1st Floor
Clearwater, FL 33765
Main office: 727-726-4989
Fax: 727-210-4448

Business Insurance Center - Lakeland

1700 South Florida Ave
Lakeland, FL 33803
Main office: 863-616-1755
Fax: 863-802-0209

Our Providers

Testimonials

Helen, Thank you so much. You have been very helpful and professional.

Wayne
Helen, Thank you for taking care of this so quickly!

Chad
Awesome, tell Bob to give you a bonus for OUTSTANDING SERVICE!!! You ARE the best! Thanks again!

Suzie
Thank you. Pleasure dealing with you :)

Susan
Peggy and Helen: Just a quick note to thank you for having put up with me the last few days while we sorted thru the insurance renewal process. Bob came by today and picked up the signed application and check, but you made it so much easier by e-mailing me the forms and all ahead of time. Again, thanks for all the help and patience. I made sure Bob knew the quality of employees he has working with him when he came by.

Carmen