Does my Naples, FL business need commercial insurance

When you own a business in Naples, FL you are not mandated to have commercial insurance by state law. You may, however, be required by a bank or lending establishment if you have a business loan or mortgage. Just because commercial insurance isn’t mandatory doesn’t mean that it isn’t a good idea to have some coverages. Each business has unique liabilities and to protect you and your business, why not let the experienced agents at Pro America Insurance help you to decide what your commercial insurance should consist of. 

Building insurance

In the same way that you protect your home with home insurance, if you own your building, you need to have building insurance. It offers the same types of coverage as home insurance against things like fire, theft, vandalism and weather events. 

Commercial auto insurance

If you are using vehicles as part of your business, they should be covered under a commercial insurance policy. Keeping your business vehicles off of your personal auto insurance is a good financial and business strategy. 

Workmen’s Compensation

Workmen’s compensation insurance is required in Florida if your business meets certain criteria. As a business owner, you need to know if you meet the requirements to have this coverage.  

Liability coverage

Lots of things can happen to your business. A visitor or customer can be injured while visiting your premises or injured by a product you produce. This can result in legal action against you. Having liability coverage will protect you if you are sued. 

Business interruption coverage

If something happens to the business that results in your not being able to do business for a period of time, this insurance makes sure that you can still pay bills and meet your obligations until your business is back up and running. 

As a business owner in Naples, FL you can feel confident about the stability of your business if you have the correct commercial insurance. Stop by or give Pro America Insurance a call.