With the fourth-largest economy of all the U.S. states, 1 Florida is a great place to launch a small business. But doing business in Florida isn't without its risks, as anyone who's survived a hurricane can tell you. When disaster strikes, expect to lose business, income and functionality – at least temporarily. But with the right Florida business insurance policies, you can be prepared for property damage and also prevent a loss of revenue. To get peace of mind when operating a business in Florida, ask your TechInsurance representative what specific coverage you need to protect your IT business.
Beyond coverage for damage and business interruption due to natural disasters, Florida IT businesses also need other types of business insurance, including workers' compensation, employment practices liability and professional liability. Especially for companies in the information technology sector, you can help to ensure your business's longevity by purchasing business insurance that grows along with your company.
Get fast, affordable coverage that's just the right fit for your IT business. Complete one online application and get your free, no-obligation quote in 24 hours or less. Choose the coverage you need, and we'll start your policy immediately.
If you're looking for any of the following types of insurance, we've got you covered:
Business Liability Insurance Package Policy. You may have heard this type of coverage called a "BOP," or Business Owner's Policy. This policy packages general liability insurance with property coverage at one affordable rate, giving you protection if a client should be accidentally injured at your location or if one of your employees causes property damage or bodily injury at a client's site.
Professional Liability Insurance. Commonly called "errors and omissions" or "E&O" insurance, this type of coverage protects you if your client should claim that mistakes, negligence or omissions you make on the job caused the client a financial loss. For professional services companies such as IT businesses, this is one type of insurance you shouldn't work without.
Workers' Compensation Insurance. Many states require companies with employees to carry workers' comp insurance, which pays for medical care and disability coverage for your employees if they should suffer a work-related illness or injury.
Employment Practices Liability Insurance. If you have employees, you need EPLI. This type of insurance protects you in the event that one of your employees claims an employment practice violation, such as sexual harassment; wrongful termination; or gender, race or age discrimination.