Your business represents a considerable investment of time, effort and money. You deserve the service of a company that can provide a comprehensive analysis of all your insurance needs, offer insurance programs that are competitively priced, and extend full protection to meet your specific needs. You need an Insurance Agency that is large enough to market your account to more than one leading insurance carrier, yet focused on providing professional, personalized service.
Our agency, S. T. Good Insurance of Florida, is that caliber of an agency. We provide the kind of quality, attention, and protection you and your company deserve. Representing more than 15 major carriers, specializing in every type of insurance coverage, we are able, and honored, to assume the responsibility of meeting your insurance needs.
Our recommendations are based on a careful analysis of the risks unique to you and your company. To this end, we are prepared to offer a sound, competitively priced, insurance proposal for your review. We would appreciate the opportunity to evaluate you and your company and provide this proposal to cover your insurance and asset management needs.
No matter what business you are in, every day is dedicated to doing your job well and providing your customers with the best service possible. S.T. Good Insurance of Florida follows those same principles and that is why giving you the coverage you need to ensure the security of your business is of the utmost importance to us.
At S.T. Good Insurance of Florida, we’re committed to keeping your business and assets protected – so you can focus on your day-to-day operations. With the right insurance plan, your business will be covered from top to bottom.
Types Of Business Insurance
If you have a business of any sort, you may be at risk. These risks vary from natural disasters to burglary and from staff accidents to prosecution for professional negligence. Fortunately, there are several types of business insurance products available that can at least help to reduce the financial aspect of these risks. The following are the most common types of business insurance:
Most companies get sued at one time or another. When a lawsuit is filed against you, liability will cover all or some of the costs associated with settling the dispute. Because some companies engage in riskier operations than others, the amount of protection your firm needs should be based on these risks. For example, a construction company typically carries significantly more liability coverage than a local bookshop, since the likelihood that someone will be injured in construction is much higher.
Public Liability Insurance
This form of coverage exists to protect a business from claims arising from injuries to members of the public or damage to their property. Typical examples of such claims may include someone slipping and injuring themselves badly while on your premises or who has their clothing ruined accidentally by a member of your staff. This may also be needed to cover third-party property risks such as if your boiler explodes and badly damages an adjacent property.
As its name suggests, property insurance covers the actual physical location of business from things like fire, flood, hurricanes and theft. It must be noted, however, that some exclusions may apply based on location. For example, if your office is in a flood-prone area, you may be expected to purchase a separate flood policy. Though it is often grouped with property protection, casualty shields owners from loss and damage to assets that occur during regular operations.
Most states require that your company carries workers compensation insurance, but it depends on how many employees you have, what type of business you are in, as well as other factors. You must check with your state’s governing body to learn about the exact requirements as they apply to your company. However, even if you are exempt from carrying this coverage, you should consider getting it anyway. Even in so-called “safe” environments like corporate offices, employees can still be hurt from slips and other accidents. Having this policy can ensure that you protect your employees and your bottom line.
Professional liability coverage is an important type of business insurance to have. This covers against loss or damage if you make an error in providing services that result in injury, property damage, or some other type of loss for your customers. For example, it may cover you if you are fixing an air conditioning unit and a piece of equipment is broken off. It may also cover bad advice given during a consultation that results in a loss for the customer. The specifics depend on the type of policy and company you own.
This is one of the types of insurance for businesses that can be overlooked. If you are operating from commercial premises (this includes offices) that you own or rent, you may be advised to consider specialist insurance to cover your contents and building. This will protect you from the risks of natural disasters such as fire and issues such as burglary with its associated vandalism and theft.
It’s worth remembering that even if you operate from an office at home, this could change your insurance risk profile and it may be a mistake to assume that problems would automatically be covered by your household buildings and contents policy. At the very least it makes sense to notify your insurance company.
This list is not exhaustive, but it should indicate that there are numerous risks out there. If you are unlucky enough to suffer one or more of these, the financial costs could prove horrendous and very possibly beyond the means of you or your business to meet. The legal costs alone of fighting a court case can be staggering.
It is for these reasons that various types of business insurance exist but as even the above-simplified list alone indicates; insurance for businesses can be complicated. If you are worried about your exposure but baffled as to which forms of insurance you need then contact us at S.T. Good Insurance of Florida so we can offer some help and advice. We specialize in placing business risks that can be difficult to accommodate in ordinary business insurance policies.
S.T. Good Insurance in Stuart Florida
S.T. Good Insurance was founded in 1979 in Newark, Delaware providing the aviation industry with everything aviation business owners and pilots needed to protect their investments. By following strict standards of quality, honesty, and hard work, S.T. Good has grown into what it is today providing a full scope of insurance needs including commercial, personal, and health. In 1992, Samuel Good III, relocated to Stuart Florida and opened S.T. Good Insurance of Florida’s main office. Since then, S.T. Good Insurance of Florida has developed into an industry leading independent insurance agency providing the full spectrum of insurance types, including but not limited to; commercial, personal, home, auto, and aviation.
Our purpose is to provide insurance products and services to our clients. We should act as their adviser and agent putting their interests first. We are confident that if we do our jobs well and give value for what we charge, not only will mutual trust and respect develop, but satisfaction, respect, and profits will result. Our team of knowledgeable insurance professionals is experienced in creating personal and commercial insurance policies designed to fit your needs. At S.T. Good Insurance of Florida, our friendly staff will work with you on a one-on-one basis to develop not only the perfect policy, but a lasting relationship.
For a consultation and a quote contact us today at (772) 287-3625