What Insurance should I have?
General Liability Insurance: Every business, even if home-based, needs to have liability insurance. The policy provides both defense and damages if you, your employees, or your products or services cause or are alleged to have caused Bodily Injury or Property Damage to a third party. For detailed info about CGL CLICK HERE
Property Insurance: If you own your building or have business personal property, including office equipment, computers, inventory or tools you should consider purchasing a policy that will protect you if you have a fire, vandalism, theft, smoke damage etc. You may also want to consider business interruption/loss of earning insurance as part of the policy to protect your earnings if the business is unable to operate. Property Coverage Click Here
Commercial Auto Insurance: Commercial auto insurance protects a company’s vehicles. You can protect vehicles that carry employees, products or equipment. With commercial auto insurance you can insure your work cars, SUVs, vans and trucks from damage and collisions. If you do not have company vehicles,but employees drive their own cars on company business you should have non-owned auto liability to protect the company in case the employee does not have insurance or has inadequate coverage. Commercial Explanation and Video Click Here
Worker’s Compensation: Worker’s compensation provides insurance to employees who are injured on the job. This type of insurance provides wage replacement and medical benefits to those who are injured while working. In exchange for these benefits, the employee gives up his rights to sue his employer for the incident. As a business owner, it is very important to have worker’s compensation insurance because it protects yourself and your company from legal complications. Florida WC law states the if you are a non construction business and have 4 or more employees including the owner you are REQUIRED to have WC. Any CONSTRUCTION business with 1 or more employees you are REQUIRED to have WC. Corporate officers can be exempt from workers compensation but they have to file a Florida WC exemption. We can assist with this. Penalties for non-compliance can be very stiff.
Florida Workers Comp Exemption Explanation Click Here
Florida Workers Comp Policy Audit and what you need to know.
Personal Lines Insurance: Abide Agency does not do personal lines such as individual homewoners, personal auto
motorcycles, boats under 35 feet, RV's and Motorhomes. For our approved Personal Lines resources
Buttons below are great sites where you can do your own quotes. .
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