Own a Business? Then Here’s Four Areas of Business Insurance to Review

Your business is more than just an asset. It supports your life, your family, your house, your cars, your employees, etc. So it’s a good idea to make sure your insurance is staying on pace with the changes in business that can impact these four areas:

1. Workers Compensation

Worker’s compensation is essential in Florida.  If you don’t have workers compensation insurance and you’re an employer with one or more employees in construction… or… a non-construction employer with four or more employees, three things can happen to you:

• You could be penalized for violating Florida law
• You could be held liable for paying an employee claim
• You could be sued by an employee

Don’t let this happen to you!  We will make sure you have adequate Worker’s Compensation coverage.

2. Deductibles

Deductible is another word for self-insuring.  In other words if you suffer a loss, the deductable is the amount you will pay before your insurance kicks in and pays the rest. If you wish, you can accept a higher deductible as a tool to lower your monthly insurance expenses.  However, you have to be sure you can afford to pay your entire deductible in the event of a loss.

3. Commercial General Liability Limits

Is your protection sufficient enough for your business? This is a good question to ask yourself at least once a year. As your business grows, there will be more assets to protect. You’ve got more to lose in case of certain claims against your company (such as product/premises liability claims, errors and omissions claims or employment practices claims).  We will help you to understand these risks and guard against them appropriately.

4. Business Income

If your business gets damaged by fire or other disasters, your Business Income Insurance will get it back up and running. In most cases, your expenses will still be there, but your income might NOT be. Make sure you’ll receive income for as long as the business is under repair.

Seasoned Insurance Pros at Horizon Insurance

Representing over 30 insurance carriers, the experts at Horizon Insurance will customize your FL business insurance to suit the way you run your business.

Get your FREE business insurance quote by filling out the Protection Savings Form above.

The sooner we receive your information, the sooner we will get you the best business protection that will truly protect you in case of an unexpected accident. So don't delay another minute…Fill out the form now.