Florida Business Insurance
Customized protection for your Florida business
Florida business owners should consider several types of commercial insurance for financial and legal reasons. A variety of incidents can threaten your business, including customer slips and falls, natural disasters and employee injuries.
You’re required to have workers’ compensation if you employ one or more of Florida’s 3.5 million small business employees. You should also consider other types of coverage for your daily operations, business property and electronic data.
The Progressive Advantage® Business Program can help you personalize a Florida business insurance policy with the coverage you need.
Types of FL business insurance
How much does Florida business insurance cost?
The cost of business insurance in Florida depends on a variety of factors, including a business’s size, location and coverage needs. For example, a business located on the coast near Miami will have a different rate than a business located inland near Gainesville.
The most influential factor, however, is the type of work that you do. Professions are typically rated on the exposures that are unique to their industry. Businesses that are considered high risk typically pay more for coverage.
Learn more about the factors that affect your business insurance rate. You can also get a quote online to find out exactly what you’ll pay for your unique situation.
Florida business insurance requirements
Business insurance isn’t required by Florida state law except for workers’ compensation. Employers must carry this coverage to protect their employees should they become injured or ill while at work.
Coverage requirements depend on your industry, number of employees and other factors. For example, coverage must be provided for construction businesses with one or more employees and non-construction businesses with four or more employees.
While you’re not legally required to carry other types of coverage in Florida, you probably should. An unexpected incident can result in a claim that’s difficult to afford without it.
Resources for Florida small business owners:
Florida professions we insure
We help small business owners from a wide variety of industries, including these common professions:
Browse more examples of professions we insure.
Business insurance for all cities in Florida
We offer coverage in all Florida cities, including, but not limited to: