Business Insurance
Top Business Insurance in Orlando, FL
Universal Insurance Agency is here to offer you the best protection for your small, medium, or large-sized company. Leveraging the support of over 100 trusted companies, our business insurance in Central Florida, and surrounding areas is customized to meet the demands of our customers and their needed coverage. From general liability, building and contents, valuable papers, workers’ comp, and beyond, we offer a full range of coverages to keep your business, employees, and assets safe and secure.
General Liability
General liability insurance helps protect a company’s money and property if someone gets hurt or property or items get damaged by an accident. It covers the following:
- Property: General liability insurance helps pay for an accident or injury on company property.
- Operations: This includes any accidents while the company works or provides services.
- Products: If a product the company sells causes damage or injury, this insurance helps cover the costs.
- Legal: If someone sues the company, general liability insurance also helps pay the legal costs, like lawyer fees and court expenses. It can even cover lost earnings if employees must go to court.
Professional Liability Insurance
Professional Liability Insurance, Errors & Omissions (E&O), or Professional Indemnity Insurance (PII) protects you if your business advises or provides a service. Doctors, lawyers, and real estate agents must have E&O Insurance to protect themselves from these risks. Here’s how it works:
If a client claims you made a mistake, this insurance helps cover the cost of defending yourself in court. It can also cover any damages you might have to pay if you lose the case.
Even if the claim is found to be without basis, this insurance can still help pay for your defense.
This insurance does not cover criminal charges or other types of civil liabilities requiring different insurance policies.
Building & Contents Coverage
Contents coverage protects everything inside your business, whether you rent or own office space. This includes office equipment, furniture, electronics, computers, and software. You might also get additional coverage options.
Employee Dishonesty
An Employee Dishonesty policy helps protect your business if one of your employees steals money or products for themselves or someone else. This policy can cover different types of losses. For example, it may protect you even if you don’t know which employee is responsible.
Valuable Papers Coverage
Valuable papers insurance helps protect essential documents in your office if they get damaged or destroyed by fire, water, or other events. This insurance covers the costs to replace these documents up to the policy limit and after any deductible is applied. Examples of covered documents include but are not limited to client records, drawings, deeds, mortgages, contracts, books, and maps.
Workers Compensation
Most states require employers to get insurance to cover workers who get hurt or sick because of their jobs. This is true for small and large businesses. Managing the costs and requirements of this insurance can be challenging. We’re here to help you handle these needs.
Bond Insurance
Your business needs a bond insurance policy if you or your company are in any of these situations:
- Employees handle a lot of cash.
- You manage valuable company items.
- You have direct access to cash, financial records, or investments.
- You oversee investment funds.
PEO Insurance
Using a Professional Employer Organization (PEO) can save your business time and resources. Instead of your staff handling payroll and benefits plans, a PEO takes care of these tasks for you. This can also help reduce legal risks related to employee management. One crucial service a PEO offers is getting Workers’ Compensation insurance at a lower cost than individual companies could. They do this by negotiating insurance covering the PEO and its client companies. Another advantage of using a PEO is that it handles the audits required by the Workers’ Compensation company, so you don’t have to worry about them.