General liability insurance protects you in cases of negligence. Should someone get hurt on your property, this type of insurance would cover it. If an employee gets hurt while working at a customer’s home, then this would cover it. There are many reasons why businesses should have Florida liability insurance.
Protects Your Assets
Liability insurance will protect your business’ assets. If someone gets hurts on your property, they can sue you for medical expenses, lost wages and any other costs or financial losses that result from the injury. For a smaller business, just one lawsuit like this could completely wipe out its assets and ruin the business. Insurance is your best protection against such situations.
Makes Your Business More Desirable
If you are in a service business where you are working at customer’s homes, having Florida liability insurance can give your customers a peace of mind. Chances are if you carry insurance, you are a stickler for safety procedures, which means customers won’t have to worry much about someone getting hurt on their property. In addition, if an employee were to cause property damage while working at a customer’s home, your insurance would cover it. It makes your business look more professional.
Having general liability insurance is just a smart idea. One accident and your whole business could be wiped out. Florida liability insurance gives you the opportunity to protect your business, your customers and your employees.