As a Florida Insurance Company, I’ve noticed over the past few months that many small business owners do not carry insurance. Among the reasons they mention for not carrying it are:
1. It must be expensive
2. I don’t know where to get it
3. I don’t think I need it
Many Florida Insurance Companies offer general liability insurance for businesses. Asking the fellow business owners in your neighborhood, networking group or inner circle is always a great place to start. Focus Insurance Group insures many local businesses for relatively low-cost. For example, most home based business owners pay just $250-$300 per year for $1 million in coverage.
Each business pays a different price for their insurance based on several factors. Those include the businesses gross yearly receipts, type of business, business location and the # of employees, among several other factors as well. For example, we happen to insure several self-employed handymen who pay between $500-$600 per year for their insurance. These small business owners want protection in the event a claim is filed against them by a homeowner whose home they are fixing. Sometimes is makes more sense to be sure you are insured and covering any liability that might occur.
Obtaining a quote is easy and painless. Talk to your Florida Insurance Company about coverage and prices or feel free to give Focus Insurance Group a call at 813-712-4191 to discuss insuring your business.