Business Liability Insurance – Foundational Coverage for Your Florida Company
When damage is done to a property, you can be sued. Do you want to protect your business and personal assets in the event a judgment is rendered against your company? Protection is possible in the form of a business liability insurance policy, or, general liability as it is more commonly known. This coverage is the foundation upon which you can build further safeguards to keep you in business.
One small slip on a newly waxed floor can send a customer to the hospital with a broken bone. Soon, you may discover they want you to pay $30,000 to cover their medical costs. Do you have the money sitting in an account ready to pay out for a claim? If you work with the knowledgeable team of brokers at the Nowell Agency, you can have the right plan in place for life’s unexpected expenses.
Protect Your Business from the Unknown
Accidents happen. People fall. Employees damage property. The list can be endless. You can avoid fretting and feeling stressed if you understand the basics of business liability insurance and how it can help your Florida business:
- Protection against claims of bodily injury or property damage. This may be caused by you or an employee against a third party’s person or their property.
- Help if sued for false advertising or harm to a reputation. You might face claims of copyright infringement, wrongful eviction, libel, slander, and more. The list can go on and on. You need protection to back you.
- Assistance in covering medical costs. If someone is hurt while on your premises, business liability can assist in covering their medical expenses.
- Extra support for damage to rented property. Unfortunate events can leave rented property damaged, like a fire, lightning, or an explosion.
What’s Covered (and What’s Not)
Business liability is a fantastic safety net for your company. It provides overall, general protection for:
- Medical Expenses
- Attorney Fees
- Professional Liability
There are a few areas you will want to talk about to a broker for specialized coverage, like:
- Employee Injuries
- Automobile Coverage
- Intentional Acts
Industries that Benefit from Business Liability Insurance
Do you think your company is too small or in an industry not suited to reap the benefits of general liability coverage? Think again. We help a wide variety of enterprises and the following is just a small sampling:
- Condo Associations
- Convenience Stores
- Janitorial Services
- And many more
Partner with the Professionals at The Nowell Agency for Your Florida Business Liability Insurance
Make the decision today to ensure your company is safeguarded against the most common claims. Then talk to the experienced, licensed professionals at the Nowell Agency. For more than 30 years, we have dedicated ourselves to supporting small businesses, entrepreneurs, and self-employed professionals. We work with you to understand the unique issues you face. Let us review your current policies and see how we can customize a plan to fill in the gaps.
Call one of our offices near you to schedule a meeting with a knowledgeable and experienced broker at The Nowell Agency about business liability insurance for your Florida company. Request a quote online.