How does your city measure up to the national average?
Number of businesses in the US: 30,819,176
Burglary rate per 1,000 residents in the US: 3.76
Auto theft rate per 1,000 vehicles in the US: 2.29
| City | No. businesses | Burglaries / 1,000 people | Auto thefts / 1,000 cars |
| Tampa | 12,425 | 2.55 | 1.3 |
| Jacksonville | 1,301 | 5.39 | 3.09 |
| Miami | 17,451 | 3.69 | 3.4 |
| Naples | 2,950 | 1.29 | 0.85 |
| Orlando | 10, 411 | 5.01 | 4.36 |
| Tallahassee | 5,082 | 6.08 | 3.48 |
| Gainesville | 2,949 | 3.71 | 3.02 |
| Fort Lauderdale | 9,505 | 6.9 | 4.67 |
| Melbourne | 2,722 | 5.25 | 1.72 |
| St. Petersburg | 6,208 | 3.9 | 2.93 |
| Boynton Beach | 2,089 | 3.2 | 2.73 |
| Bradenton | 1,486 | 3.47 | 1.34 |
| Cape Coral | 3,806 | 1.41 | 0.84 |
| Clearwater | 3,872 | 2.28 | 1.46 |
| Davie | 3,583 | 1.87 | 2.55 |
Florida Business Insurance FAQ - Quick Answers
Your Florida business insurance premiums will be different than anyone else's because your risks are not the same. Here are some factors that carriers use to determine your commercial coverage:
- Type of industry
- Number of employees
- Gross annual sales
- Location of business
- Number of company vehicles
- Safety practices in place
- Past claims reported
- Number of years in operation
In Florida, you are required to carry workers' compensation insurance when you have 4 or more part-time or full-time employees. If you have any company-owned autos, you'll be responsible for carrying the minimum limits of liability set by the state.
In Florida, there are specific policies that are required, and others that are recommended for small businesses in general. The policies below are typically primary when it comes to obtaining coverage for your property, business income and operation.
- General liability insurance: Pays for a bodily injury or property damage liability lawsuit brought against your operation.
- Workers' compensation insurance: Pays for the injuries of an employee hurt on the job. Mandatory when you have 4 or more employees.
- Business auto insurance: Pays for a loss resulting from an auto accident with a company-owned vehicle. Must abide by state car insurance laws.
- Professional liability insurance: Pays for a lawsuit against your business due to negligent or harmful advice.
- Commercial umbrella insurance: Provides an additional limit of liability coverage over your underlying business policies.
Every small business should have liability insurance to protect itself from lawsuits. There are various liability coverages, but the most common is general liability insurance. A general liability policy will help pay for a claim brought against your business due to bodily injury or property damage.
Each small business will have a choice to offer health insurance to its employees. In Florida, if you have fewer than 50 people on staff, you're not legally required to offer health coverage. However, you still may want to. Check with your independent insurance agent about health insurance options for your company.
Each small business will need proper protection in order to avoid financial losses. In Florida, Nationwide, Progressive, Hanover, and Travelers are often used by consumers when obtaining commercial insurance. These carriers are top-rated for having excellent claims service and customer support.
Do You Know What Your Business Insurance Covers in Florida?
Find the Best Insurance in Your City
- Tampa, FL
- Business Insurance Common Coverage Options
- Property: The property crime rate in Tampa is much higher than the national average. That means that commercial property insurance in Tampa can sometimes be more expensive, since you need the extra protection.
- Commercial auto: Does your business own a vehicle or a fleet of vehicles? You'll definitely need commercial auto insurance. Although the area's crime rate will be taken into account, your rate will be based on unique factors, including the number and types of vehicles you are covering.
- Workers’ compensation insurance: Pays for medical bills and lost wages for workers who are injured or become ill on the job. It is required for most Florida employers. Every workplace has unique risks and hazards for its workers, which is why workers' compensation rates vary significantly depending on your industry.
- Jacksonville, FL
- Business Insurance Common Coverage Options
- Property: Severe weather events are just one type of incident to keep in mind when talking about business insurance rate factors. Damage to other property can occur from crimes like theft and arson, which can lead to large business losses if you aren't properly insured. Keep this crime rate in mind when looking at insurance options.
- Commercial auto: You will need commercial auto insurance if your business owns a vehicle or a fleet of cars. Your rates will be based on a number of specific and unique factors like the number and types of vehicles you have, the risk of collisions in your city, and the vehicle theft rate in your city.
- Workers’ compensation insurance: Pays for medical bills and lost wages for workers who are injured or become ill on the job. It is required for most Florida employers. Every workplace has unique risks and hazards for its workers, which is why workers' compensation rates vary significantly depending on your industry.
- Miami, FL
- Business Insurance Common Coverage Options
- Property: Bad weather, theft and unexpected fires can lead to serious business losses. That's why you need the proper insurance that covers a number of specific risks. The crime rate in Miami can affect your coverage rate, so keep it in mind when shopping for insurance options.
- Commercial auto: Accidents happen — especially when you can't control other drivers on the road. So if your business owns a vehicle or two, you will need the right commercial auto insurance.
- Workers’ compensation insurance: Pays for medical bills and lost wages for workers who are injured or become ill on the job. It is required for most Florida employers. Every workplace has unique risks and hazards for its workers, which is why workers' compensation rates vary significantly depending on your industry.
- Naples, FL
- Business Insurance Common Coverage Options
- Property: Naples businesses should take note. Because the crime rate in the area is higher than average, your property insurance could be higher than you'd like. But that just means you're protecting yourself against realistic threats. Don't suffer financially if something unexpected happens. Get insured.
- Commercial auto: You may not be too concerned when you look at this number, but if your business owns a vehicle or a fleet of vehicles, you will definitely need commercial auto insurance. Each rate will be different, however, since the number and types of vehicles you are covering are unique to you.
- Workers’ compensation insurance: Pays for medical bills and lost wages for workers who are injured or become ill on the job. It is required for most Florida employers. Every workplace has unique risks and hazards for its workers, which is why workers' compensation rates vary significantly depending on your industry.
- Fort Lauderdale, FL
- Business Insurance Common Coverage Options
- Property: Severe weather events should certainly be a major concern, since you're in a coastal state. But other risks like theft and arson can lead to serious property damage and large business losses if you do not have the right insurance. Consider all the risks when looking at which insurance is right for your business.
- Commercial auto: Your commercial auto insurance rate will be based on the number and types of vehicles you are covering as well as the risk of collisions and vehicle theft in your city. It's a unique combination of characteristics that gives you personalized, yet comprehensive, coverage.
- Workers’ compensation insurance: Pays for medical bills and lost wages for workers who are injured or become ill on the job. It is required for most Florida employers. Every workplace has unique risks and hazards for its workers, which is why workers' compensation rates vary significantly depending on your industry.
- Orlando, FL
- Business Insurance Common Coverage Options
- Property: You need to protect your physical property from a number of threats. Bad weather, an unexpected fire, a burst pipe, or a break-in can cause both emotional and financial stress.
- Commercial auto: Your commercial auto insurance rates will be based on a number of factors like the number and types of vehicles you are covering, the risk of collisions in your city, and the average rate of vehicle theft in your city. It creates something personalized and unique so all your risks are covered.
- Workers’ compensation insurance: Pays for medical bills and lost wages for workers who are injured or become ill on the job. It is required for most Florida employers. Every workplace has unique risks and hazards for its workers, which is why workers' compensation rates vary significantly depending on your industry.
- Gainesville, FL
- Business Insurance Common Coverage Options
- Property: In addition to severe weather events, property crimes like theft and arson can lead to large business losses if you do not have the right insurance. The crime rate in Gainesville can affect your coverage rates.
- Commercial auto: There aren't nearly as many auto thefts in Gainesville as in other parts of the state. But if your business owns a vehicle or a fleet of vehicles, you need comprehensive protection. Accidents can happen in moments, and you need the right amount and type of coverages for these realistic threats.
- Workers’ compensation insurance: Pays for medical bills and lost wages for workers who are injured or become ill on the job. It is required for most Florida employers. Every workplace has unique risks and hazards for its workers, which is why workers' compensation rates vary significantly depending on your industry.
- Melbourne, FL
- Business Insurance Common Coverage Options
- Property: How would your current commercial insurance policy respond if your property were damaged? Because your physical location is a key part of your business, you need to have the right amount of coverage to protect it. That way, rebuilding or reconstruction doesn't have to be complicated.
- Commercial auto: Does your business use cars for work? If so, you will need commercial auto insurance. Whether you're just renting a few times a month or actually own a fleet of cars, this coverage will ensure you're properly covered if something happens on the road.
- Workers’ compensation insurance: Pays for medical bills and lost wages for workers who are injured or become ill on the job. It is required for most Florida employers. Every workplace has unique risks and hazards for its workers, which is why workers' compensation rates vary significantly depending on your industry.
- St. Petersburg, FL
- Business Insurance Common Coverage Options
- Property: Weather events, property crimes like theft and arson, and accidental fires can lead to large business losses if you don't have the right insurance. Considering that the crime rate in St. Petersburg is relatively low, this could make insurance rates lower.
- Commercial auto: How would you continue to do business if you woke up one morning to a stolen vehicle? If your business owns a vehicle or a fleet of vehicles, you will need commercial auto insurance. Your rates will be based on a number of unique factors, but at the end of the day, you'll feel good knowing you have the coverage you need.
- Workers’ compensation insurance: Pays for medical bills and lost wages for workers who are injured or become ill on the job. It is required for most Florida employers. Every workplace has unique risks and hazards for its workers, which is why workers' compensation rates vary significantly depending on your industry.
- Tallahassee, FL
- Business Insurance Common Coverage Options
- Property: Keep your property safe. You can install cameras and a security system, but the only surefire way to be financially secure is with the right commercial insurance policy that protects against physical damage.
- Commercial auto: If your business owns a vehicle or two, you will need commercial auto insurance. But since your rates will be based on a number of factors, your rate could be above or below national and state averages.
- Workers’ compensation insurance: Pays for medical bills and lost wages for workers who are injured or become ill on the job. It is required for most Florida employers. Every workplace has unique risks and hazards for its workers, which is why workers' compensation rates vary significantly depending on your industry.