When you have a small company, you'll wear many hats and be responsible for numerous things. If you want to protect your livelihood properly, then coverage is necessary to avoid financial ruin. A Florida commercial insurance policy can provide coverage for your small cleaning business. 

A Florida independent insurance agent will do the shopping for you at no additional cost, saving you time and money. They work with several carriers so that you can have options. Connect with a local expert for tailored quotes to get started.

What Is Small Cleaning Business Insurance?

If you own a small cleaning business in Florida, you'll need the right insurance to begin. While all operations are different, there are a few basic policies you'll want to consider. Check out some common coverage choices for your cleaning business below:

• General liability: Pays for bodily injury and property damage claims.
• Business property: Pays for the replacement and repair of property owned by the business.
• Business inventory: Pays for the replacement and repair of inventory owned by the business.
• Business equipment breakdown: Pays for the replacement and repair of business equipment that breaks down.
• Commercial umbrella liability: Pays for additional liability coverage when a loss exceeds your underlying limits.
• Workers' compensation: Pays for the medical expenses and lost wages of an employee who gets injured or becomes ill on the job.

Quarterly rate of business starts in the US from Quarter 3 2010 to Quarter 3 2020

When you're a new small business owner, you won't be alone. Many startup companies all across the country will need coverage as well. 

What Does Florida Small Cleaning Business Coverage Insure?

In Florida, you will be one of 2,500,000 small businesses currently in operation. Your insurance coverage needs to be specific to your industry and exposures. Let's look at common small cleaning business coverages:

• Coverage for bodily injury or property damage claims
• Coverage for your business inventory, such as cleaning products
• Coverage for business equipment that breaks down due to a covered loss
• Coverage for employees who are injured or become ill on the job
• Coverage for commercial vehicles used to operate the business
• Coverage for disgruntled employees that sue due to discrimination or harassment

How Much Is Insurance for a Small Cleaning Business in Florida?

Your exact costs for your small cleaning business will vary based on numerous factors. In Florida, $36,870,506,000 in commercial insurance claims were paid in 2019 alone. Minimum premiums with most companies for insurance start at $500 and go up from there.

Factors companies consider when quoting your cleaning business:

• Loss history
• Replacement cost values
• Employee count and pay
• Experience level
• Commercial vehicles 
• Location

Will My Florida Location Impact My Small Cleaning Business Rates?

A cleaning business will travel in a specific area to service customers. This means you may not have a physical location that impacts your rates as much as a mile radius does. 

Reported property crime rate in the US

Carriers look at the area in which you travel and the crime rates associated with the area. Insurance companies will also use your radius to calculate your commercial auto costs in addition to your other primary policies. 

How an Independent Insurance Agent Can Help in Florida

When you're running a small cleaning business in Florida, coverage can be challenging. Small company owners will need to play many roles, and protecting your operation is one of them. Fortunately, a trusted adviser can review your policies for free. 

A Florida independent insurance agent will do all the guesswork and shop your coverage through multiple avenues. They have a network of carriers so that you have options on policy and price. Connect with a local expert on TrustedChoice.com for custom quotes.