Small Business Insurance: What a Cheap General Liability Quote Usually Leaves Out
· Business Insurance
A general liability certificate that satisfies a landlord is not the same as coverage that protects your business. Cheap commercial quotes tend to be narrow, not efficient.
Common Gaps in Discount GL Policies
Price differences between two GL quotes usually trace back to what was excluded or sub-limited.
- Products and completed operations excluded
- Action over and employee injury exclusions
- Low or missing damage to premises rented limit
- Professional services excluded with no E&O in place
- Contractual liability limitations that break your lease or contract
Certificates Do Not Equal Coverage
A certificate of insurance is evidence, not a contract. If the underlying policy excludes your actual operations, the certificate is decoration.
Match Coverage to Your Contracts
Read your lease and your customer agreements first. Required limits, additional insured status, and waiver of subrogation should drive the policy, not the price.
Frequently Asked Questions
What limits do most Florida landlords require?
$1,000,000 per occurrence and $2,000,000 aggregate is the common baseline, often with additional insured status.
Do I need commercial property if I lease?
Usually yes, for your equipment, inventory, and tenant improvements. The landlord insures the building, not your contents.
Talk to a Licensed Florida Agent
SunGate Insurance Agency is a locally owned and operated independent agency in Lake Mary, Florida, serving clients across the state. Send us your current declarations page or a competing proposal and we will show you exactly what changed — in writing. Call 407.878.7979 or start with our quote calculator.
Questions about your coverage?
Our licensed agents compare carriers to find the right protection at the right price.