Residents of Fort Myers, FL are required by law to have two types of commercial insurance on their home-based businesses if applicable. The first type is commercial vehicle insurance if a business owner has a car, truck, or van that is used for purposes pertaining to the enterprise and that is driven by him or herself or by employees. The second type is workers’ compensation insurance that will provide the insured with benefits in the event that his or her employees need time off work due to injuries sustained on the job. The number of employees required to necessitate coverage will vary from one to six, depending on the type of industry you are in.
What Type of Business Do You Run?
Each home-based business has its own particular set of risks that you will want to be insured against. Your homeowners insurance may provide, to a limited extent, some coverage, but a general liability policy will help protect you in the event that a customer is injured on your property, if you are sued for copyright infringement or reputation damage, and if losses occur to somebody else’s property for which you are held responsible.
A professional liability insurance policy can help take care of costs related to mistakes made by your business, and commercial property insurance can provide indemnification benefits for damages that occur to your own property. In addition, product liability insurance is there to assist in covering costs related to lawsuits pertaining to products your company produces.
SWFL Insurance Agency Inc. is Here To Help You
SWFL Insurance Agency Inc. has experience providing Fort Myers, FL residents with the commercial insurance options they need to effectively run their businesses. We can answer any questions you may have about insuring your home-based business, and we welcome you to contact us and to schedule an appointment today.