Florist Insurance
Florist business insurance is customized coverage that meets the unique needs of flower shops. Depending on your policy, it can safeguard your business from common risks, such as property damage, delivery vehicle accidents, inventory losses, operational disruptions, and more.
The right flower shop insurance gives you the confidence to handle unexpected events and lets you focus on growing your business. Explore common coverage options to find the best fit.
Why flower shops need business insurance
Florists should consider flower shop insurance because it provides financial protection for covered events. No matter how careful or prepared a flower shop owner is, accidents can still occur. Adequate coverage allows florists to share common business risks with insurance companies instead of bearing the financial burden alone.
For example, say severe wind knocks out your flower shop's power the week before Valentine's Day, ruining your holiday inventory. Business flower shop insurance with the right coverages would help you recover lost income from the disruption and get back on track quickly.
Types of flower shop insurance
The coverages you choose affect the unexpected events your flower shop insurance includes. Various types of business insurance for florists can create layers of protection for situations like:
- Property damage
- Customer injury
- Employee injury and illness
- Theft
- Vandalism
- Auto accidents
Consider the following coverages when getting florist insurance:
General liability
General liability insurance protects your flower shop from third-party injury and property damage. For example, if a large flower pot falls off a shelf and injures a customer, general liability would cover their medical expenses. It also protects against lawsuits and other claims. Learn more about the benefits of general liability insurance.
Business owners policy (BOP)
A business owners policy covers liability, property, and more in a single package. The property protections on a BOP include your commercial space, as well as your inventory and other materials used for business. It can also include business interruption coverage.
Additional protections can be added to a business owners policy to cover specific needs, such as inventory spoilage. Explore our BOP coverage guide to learn more.
Commercial auto
Commercial auto insurance covers your vehicles, drivers, and the products you transport in the event of an accident. It is especially important if deliveries are a core part of your florist business. Find out how to get cheap commercial auto insurance.
Workers' compensation
Almost every state requires workers' compensation insurance, which covers employee injuries and illnesses. For instance, if one of your staff cuts themselves while creating an arrangement and needs stitches, workers' comp would cover their medical payments. Learn more about workers' comp costs.
Cyber insurance
Cyber insurance protects against liability claims resulting from a data breach or computer attack. It also pays to restore your computer systems after an incident. It's especially important for florists who sell arrangements online and handle sensitive customer information, such as credit card numbers and addresses.
Find cyber security tips for small businesses that can help keep your data secure.
Choosing the right florist insurance
To find the best flower shop insurance for your business, start by assessing your specific needs and risks. You'll want to evaluate your inventory, equipment, number of employees, and vehicles.
Speak with a business insurance expert if you're unsure which coverages you need. They can walk you through the process, explain the benefits of florist insurance, and help you find the right policy.
How much does business flower shop insurance cost?
The cost of business insurance for florists varies based on several factors, including your property value, location, deductible, number of employees, and coverage needs. For example, a small flower shop in a rural area might have a lower rate than a larger business in a city.
Learn more about business insurance costs, and get a customized quote to see how much you can expect to pay for florist shop insurance.
Get florist business insurance today
The right florist insurance helps you worry less and focus more on what you love doing. Whether you're just starting out or looking to update your coverage, starting an insurance quote is a good way to make sure your business blooms.
