Business Insurance Essentials: In Preparation for the Snowbirds

Author: Staff | Monday, Sep 23, 2019

For the snowbirds coming from the North, Florida will be home until the cold season passes. Malls, restaurants, theaters, retail stores and shops will be filled with curious customers all looking to soak up a bit of the culture while they are here. For business owners, preparation to take on the increase in activities is essential.

In an unexpected situation, having business insurance can be the difference between your business’s continued success or failure. Safeguarding your business and your employees against property damage and legal claims should be on your list of priorities. Our team at Massey, Clark, Fischer brings to you business insurance essentials to prepare for the season.

Remember Your Employees

You want to ensure that you have adequate coverage for your employees.

  • Worker’s Compensation should be in place. This covers employees in the event that they are hurt on the job.
  • Disability Insurance pays your injured or disabled employees (usually) 60% of their income during the time they are unable to work. Employee Disability coverage is required in some states, and comes in short-term and long-term options.

Review Your Commercial Property Insurance

Do you have adequate commercial property insurance? If you’re the owner of a restaurant, mall, or a retail store, you know that there is an increase in business activity during season. Businesses will most likely increase their inventory to cater to the influx of people. This increase means that the probability for theft, accidents, etc., is higher. You always want to be prepared. Reviewing your commercial property insurance can help on this front and covers natural disasters, theft, accidents and more. Whether you own a commercial building, lease an office or work from home, commercial property insurance can protect your business’ space and physical assets.

Review Your General Liability Insurance

Businesses are not legally required to have this type of insurance, so this might not apply to all business owners. General Liability Insurance protects your business if a third party—such as a client, vendor, or customer—gets injured on your business’s property, or by using your products or services. For the upcoming season, getting your policy reviewed is recommended.

In order to be “snowbird-prepared”, as business owners, we need to be proactive! Let us help you review your policies and make sure that your business insurance essentials are met. Our team is available around the clock to help you understand and manage the potential risks and cover them.

We advise you on the type and amount of coverage to consider, and we will help facilitate the processing of any claims you may have. In addition, Massey, Clark, Fischer represents a number of different quality carriers that cater to commercial businesses and properties, giving you the freedom and knowledge to choose the coverage that best suits your needs. 

At Massey, Clark, Fischer, it is our goal to take care of your business needs while you take care of your customer needs. If you want to know whether you are adequately insured, give us a call at (561) 478 1660  today ! We would be happy to advise you!