Best General Liability Insurance in Florida (2024)

To identify the best general liability insurance companies in Florida, MoneyGeek evaluated key factors like affordability, customer service, financial stability and the online quote process. Thimble was our overall winner. Its policies cost an average of $65 per month for limited liability companies (LLCs) with 20 employees and $22 per month for sole proprietors with no employees.

We also researched the cheapest companies for general liability insurance for small business owners. Next clinched the top spot in this category. With Next, LLCs with 20 employees pay around $28 per month, while sole proprietors with no employees spend roughly $26 per month for coverage.

Thimble is the best general liability insurance company in Florida, earning a MoneyGeek score of 89 out of 100. Browse the table below to see our rankings of all providers in Florida with their respective scores and average premiums.

You’ll find the cheapest general liability insurance in Florida from Next, averaging $28 per month for LLCs and $26 per month for sole proprietors.

Monthly rates typically differ between LLCs and sole proprietors, so we based our rankings on an affordability score that takes into account the monthly cost for both. Because of this, our winner might not be the cheapest for both business types.

Owners of LLCs in Florida will fare best with Next as their general liability insurance provider. It received a MoneyGeek score of 91 out of 100 and offers policies at an average cost of $28 per month.

We based our rankings on the average monthly premium for LLCs with 20 employees. The cost of general liability insurance is affected to a large extent by employee headcount, so businesses with fewer than 20 people on their staff will likely pay less than our average rate, while the opposite can be expected for more than 20 employees.

We recommend biBERK for sole proprietors who are shopping for the best general liability insurance in Florida. It earned a MoneyGeek score of 98 out of 100, and its policies cost approximately $23 per month.

We based our rankings on the average premium for sole proprietors with no employees. Businesses in riskier industries like construction might be charged higher rates.

Although business owners aren’t required by Florida state law to purchase general liability insurance, we still recommend it to protect your business against possible financial loss following a liability claim. It may also be a requirement for getting a business license or winning a contract in some industries.

General liability insurance provides coverage for the following:

• Third-party bodily injuries: Your policy will help pay for medical expenses if a customer sustains an injury within your business property.
• Third-party property damage: Your policy will cover the cost of damages to another person’s property that are caused by your employees or your business.
• Personal and advertising injury: Your policy will cover legal expenses and damages if an individual sues your business or your employees for copyright infringement, slander or libel.

Certain businesses in Florida are required to have other types of business insurance. Non-construction businesses with at least four employees, construction businesses with one or more employees and agricultural businesses with at least six regular employees and/or 12 seasonal workers must purchase workers’ compensation insurance. Businesses must also purchase commercial auto insurance for company-owned cars at these minimum limits:

• $10,000 per person
• $20,000 per accident for bodily injury
• $10,000 for property damage

General liability insurance in Florida costs an average of $64 per month for LLCs with 20 employees and $30 per month for sole proprietors with no employees.

These rates are for a policy with a $2 million aggregate limit, a $1 million occurrence limit and a $0 deductible. The aggregate limit is the total maximum amount that your insurance provider will cover for all claims during the policy period. This is different from the occurrence limit, which is the maximum amount that your insurer will pay you per claim. The deductible is the amount of money that business owners have to pay out of pocket before their insurance provider starts paying for claims.

General liability insurance varies in cost for each business based on the following factors:

Your specific needs and other factors will determine the best general liability insurance company and coverage for your business. We’ve answered common questions to help you finalize your purchase.