Florist Business Insurance San Diego

General Liability Insurance

It can help in covering claims of property damage and bodily injury in your flower shop. You will get financial protection if you are held responsible for third-party damages. It will pay for medical expenses, property damage, legal fees and judgments.

Business Owner Policy (BOP)

Getting multiple policies will solve your issues more efficiently than a single one. However, it can be pretty expensive. So, bundling several policies in one is a more affordable option, as it provides more comprehensive and efficient protection.

Workers’ Compensation

It covers medical bills, lost wages, death benefits, and legal costs associated with the employee who gets ill or hurt during working hours. It is required by law in California and most other states. Besides your employees, it will also protect your business from litigation.

Commercial Property

If hail, wind, tornadoes, fire, lightning, hurricanes, and other natural disasters damage your flower shop and its contents, then commercial property insurance will take care of it. This may include equipment like hoses, floral wire and tape, scissors and cutters, and flower coolers.

Seasonal Increase Coverage

It is a type of insurance that florist growers may purchase to cover an interval when the overall worth of the inventory is higher than normal. It is additional coverage for your commercial property during peak seasons.

Pollution Liability Insurance

In cases when a pollution event occurs, and your florist shop is found accountable, pollution liability insurance provides coverage for claims of bodily injury, property damage, and cleanup costs. It is also called environmental impairment liability insurance.

Equipment Breakdown

Your florist business relies heavily on the equipment to grow and maintain flowers and plants. The equipment breakdown insurance covers internal or mechanical malfunction of this specific system, so it will pay for the repair or replacement of the broken equipment.

Spoilage Insurance

Spoilage insurance coverage works in concert with equipment breakdown insurance. It covers spoilage of products due to a power outage or equipment that shows signs of wear. It is highly important for wedding florists as they work with items that require particular care.

Business Interruption

Also known as business income insurance, it provides the funds and operating costs if you must temporarily close your shop due to covered peril such as lightning, fire, explosion, vandalism, theft, windstorm, and more.

Commercial Auto

It covers damages if you or your employees are at fault when driving a commercial vehicle or van. It also protects your company’s vehicles if they are damaged or lost due to theft, vandalism, collisions, and other covered perils.

Cyber Liability Insurance

Surviving data breaches and cyberattacks is not easy without cyber liability insurance. It is very useful for shops that handle credit cards and other sensitive information. It will cover customer notification expenses, fraud monitoring services, and cyber extortion demands.

Employee Dishonesty Coverage

It compensates you for actions committed by your employees, either single, acting in groups, or acting in concert with people outside the company. It is one of the key coverages in a commercial crime policy – it covers theft of money, property, or securities.

Inland Marine Coverage

It covers equipment, products, and other forms of business property that are transported and not fixed to the particular location. This policy is important for the florist shops that transport inventory or equipment between stores and warehouses or have a delivery service.

Errors & Omissions Insurance (E&O)

Also known as professional liability insurance, it covers the costs of damages and lawsuits related to your professional services or advice. Errors and omissions insurance will compensate for any judgments against your flower shop, whether you are at fault or not.

Umbrella Insurance

When the damages exceed your existing policy limits, umbrella insurance kicks in. it offers additional coverage to protect your business assets from the costs of large judgments and different legal actions.