Florida’s businesses and contractors often need liability insurance. In fact, many clients and businesses won’t work with uninsured businesses. General Liability Florida should be considered mandatory, whether a company needs the coverage often or not. It’s a reckless decision to forgo such coverage, since it protects the policyholder. Fortunately, most general liability coverage doesn’t cost too much. Premiums are based on factors like risk involved, annual sales, and more.
A GL policy protects policyholders from situations where they become liable for harming someone else. Likewise, they could instead harm a business in some way. This can include things like accidents, failure to provide services, and countless other situations. Liability coverage is important for both individuals and businesses alike. In the end, no business should forgo GL coverage today. Doing so could cost them dearly in the long run when something goes wrong.