Commercial Insurance Florida

Commercial insurance costs vary depending on your business type, size, and coverage needs. On average, small businesses in Florida can expect to pay anywhere from a few hundred to several thousand dollars a year for a full policy package. The good news? As an independent agency, Darr Schackow Insurance compares quotes from top-rated insurance companies to help you find the best protection at the best price.

Some forms of commercial insurance are required by Florida law. For example, most businesses with four or more employees must carry workers’ compensation, and any company with business-owned vehicles needs commercial auto insurance. Other coverages, like general liability or property insurance, aren’t legally required, but they’re often essential for contracts, leases, or client relationships.

General liability insurance protects your business against claims of property damage or bodily injury caused by your operations. Professional liability insurance (also known as Errors & Omissions or E&O) covers claims that your services caused financial loss—such as mistakes, missed deadlines, or negligence. Many businesses benefit from having both types of coverage for complete protection.

EPLI provides financial protection from a variety of claims of discrimination and retaliation on three levels: employer to employee, employee to employee, and employee to customer.

If your business provides advice, consulting, or professional services, then E&O insurance is a smart move. It helps protect you from costly lawsuits related to errors, omissions, or claims that your work didn’t meet expectations. DSI helps you find affordable E&O coverage tailored to your industry, whether you’re a contractor, consultant, or service-based business.

Standard commercial property insurance usually covers wind damage from hurricanes but does not include flood coverage. To fully protect your business, you’ll likely need a separate flood insurance policy. Because we’re based in Florida, Darr Schackow Insurance understands how to layer your coverage properly so a single storm doesn’t put your business at risk.

In most cases, yes. Florida law requires businesses with four or more employees (even part-time) to carry workers’ compensation coverage. Construction businesses have stricter rules—coverage is required even with just one employee. Workers’ comp protects both you and your employees if someone gets hurt on the job, helping you avoid costly lawsuits and medical expenses.

Employment Practices Liability Insurance (EPLI) protects your business against claims from employees, such as discrimination, harassment, wrongful termination, or retaliation. Even small businesses can face these types of claims, and legal costs can add up quickly. EPLI coverage provides financial protection and peace of mind so you can focus on running your business.

Unfortunately, yes—especially for small businesses. Cyber criminals often target smaller companies because they tend to have fewer security measures in place. A single phishing email or malware attack can lead to costly data breaches, lost income, and damaged reputation. Cyber liability insurance helps cover recovery costs, legal fees, and client notifications after an attack.

No, general liability does not cover theft or fraud committed by your employees. For that, you’ll need employee dishonesty or crime coverage, which protects your business from losses caused by theft, forgery, or embezzlement.

The best way is to work with an independent agency like Darr Schackow Insurance. Instead of being tied to one carrier, we partner with many of the nation’s top-rated insurance companies. That means we can shop around for you, compare policies, and find the best combination of price and protection, so you can focus on running your business with confidence.