Does Your Business Really Need Florida General Liability Insurance?

The Massey Clark Fisher Team | 12/21/2011

Tags: community • home insurance • homeowners insurance • insurance • local • safety tips • seasonal • tips

Owning a business brings with it many costs and trying to eliminate some costs that are deemed not as important, such as additional insurance coverage. However, this is a decision you may regret at a later date. Florida general liability insurance is a product that aims to protect your business from the cost of litigation and damages if you are sued. There are other types of liability coverage available too, aimed at covering a range of other risks associated with negligence claims.

With every business having differing needs, there is no one size fits all policy for liability insurance. Insurance companies will determine the level of risk associated with your individual operations when determining the cost of your coverage. Factors they may take into consideration include things like:

  • What products or services do you supply?
  • Do you manufacture on-site or off-site?
  • Do you have customers visiting your business?
  • What is the target market for your intended product or service?
  • What is your insurance history and how long has the business been operating?

Looking at all the variables, your insurance company will then assess the risk to your business. Your insurance agent could be the best person to speak to for answers to your questions about Florida general liability insurance. Together you can find the appropriate plan for your business.


Disclaimer: The above description provides a brief overview of the terms and phrases used within the insurance industry. These definitions are not applicable in all states or for all insurance and financial products. This is not an insurance contract. Other terms, conditions and exclusions apply. Please read your official policy for full details about coverages. These definitions do not alter or modify the terms of any insurance contract. If there is any conflict between these definitions and the provisions of the applicable insurance policy, the terms of the policy control.

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