Insurance Blog

Small business owners need to understand how important it is to protect their company with commercial insurance. If you are a small business owner in Jacksonville, FL, we can help you meet your commercial insurance needs at Skyline Insurance LLC. 

The following are four things small business owners should know about commercial insurance:

Your commercial insurance policy should be tailored to the unique risks in your industry.

When you’re choosing a commercial insurance policy, it’s important to consider the types of risks you face. Every industry is different and faces a different combination of risks. It’s important to be aware of this when you are purchasing insurance for your small business. 

You need to include workers’ compensation coverage if you have four employees or more.

In Florida, workers’ compensation insurance is required of companies that employ four people or more. You are required by law to carry this type of coverage as a small business in Florida with employees. 

Commercial insurance can protect your company financially if you face a lawsuit.

One of the most important types of protection that a commercial insurance policy can offer a small business is coverage for expenses resulting from a lawsuit.

You should make sure that your commercial insurance policy carries an adequate amount of liability coverage to prevent a lawsuit from destroying your company financially. 

It’s important to have commercial auto insurance on your policy if you use vehicles for business operations. 

You are not supposed to use a vehicle you have insured through your personal auto insurance policy for commercial activities. If you use vehicles to run your business, you should carry commercial auto coverage. 

Reach Out To Us

You need to get quotes on commercial insurance policies when you’re on the market for coverage for your small business. Call us at Skyline Insurance LLC to learn more about the policies we offer. We are a commercial insurance provider that covers small businesses in Jacksonville, FL. 

The team at Skyline Insurance LLC is proud to be a resource for the Jacksonville, FL business community. If you have any questions about commercial insurance, we are here to help!

Make sure your business has the commercial insurance it needs!

Owning a successful business takes a lot of hard work and dedication. Whether you are just getting started or running an established company, it’s important to have adequate insurance protection. This is true for businesses of all sizes. Proper insurance can help to protect all of your hard work and enable you to stay in business following many covered catastrophic events. 

No matter how small your company may be, now is an ideal time to review your current insurance needs. Gaps in coverage can occur for a variety of reasons, and it’s always preferable to resolve them immediately. Our team can review your current commercial policy and help you identify any areas where additional coverage may be necessary.

Liability protection is one of the most important aspects of a commercial policy for many business owners. As you grow and the company becomes more successful, the need for appropriate liability protection increases. Don’t wait until it’s too late to find out that you don’t have the protection you need for your business. Sit down with an agent today and make sure that your company is fully covered. 

We look forward to working with you!

If you own a business in the Jacksonville, FL area, you can rely on Skyline Insurance LLC for all of your commercial insurance needs. We work with companies of all sizes and look forward to helping you with all of your business’s insurance needs. Contact our office today to schedule a consultation. 

There are many things to consider with owning and operating a business. One of the most important is insurance. Commercial insurance protects your business from several risks, including property damage, liability, and loss of income. Skyline Insurance LLC provides this guide on the types of commercial insurance your Jacksonville, FL business needs.  

Types of Commercial Insurance 

Commercial Property Insurance

It’s essential to have property insurance if you own a building, equipment, or inventory. This protects your company premises in the event of damage or theft. The policy will also pay to repair or rebuild your property after a covered loss.

Commercial Liability Insurance

This insurance protects your business from financial damages that may occur after a loss or injury. For example, if an injury occurs on your property, commercial liability insurance will help to cover the costs of medical bills and legal fees. Your Skyline Insurance LLC agent can help you find the right policy for your business.

Business Income Insurance

This insurance pays for lost income if a covered loss forces you to close your business. For example, if your building catches on fire and is unusable, business income insurance may help cover the costs of your lost income. Carefully review your policy to determine what is and isn’t covered.

Commercial Auto Insurance

If your business uses vehicles for any purpose, you’ll need commercial auto insurance. This policy covers the cost of damages and injuries that may occur while the car is being used for business purposes. Consider adding comprehensive and collision coverage to your policy for extra protection.

General Liability Insurance

General liability insurance protects your business from any legal damages that may occur. For example, if a client sues your business for slander, general liability insurance will help to cover the costs of legal fees.

As a business owner, it’s crucial to have the right insurance in place to protect your company from various risks. Skyline Insurance LLC can help you find the right policies for your Jacksonville, FL business.