Florist Insurance

When we think of flower shops we often think of the saying “stop and smell the roses”. Watching a florist make beautiful bouquets with rows of beautiful flowers in the storefront often invokes a sense of calm and nostalgia, but there are also risks involved. That’s where florist insurance comes in.

 

Jump To:

• What Is Florist Insurance?

• Who Needs Florist Insurance? 

• What Types of Insurance Do Florists Need?

• How Much Does Florist Insurance Cost? 

• FAQs

• Explore Your Coverage Options Today!

What is Florists insurance?

Florist insurance is a specialized type of business insurance designed to protect floral shops, independent florists, and flower delivery services from financial losses due to accidents, property damage, liability claims, and other unforeseen risks. Since florists handle perishable goods, operate retail spaces, and frequently deliver products, they face unique risks that require tailored coverage. 

Who Needs Florists Insurance?

Any individual or business involved in the floral industry should consider florist insurance, including:

 

• Retail Flower Shops: Businesses with a physical storefront that sell floral arrangements, gifts, and accessories.
• Independent Florists: Self-employed florists who operate from home, a studio, or an event-based business.
• Flower Wholesalers: Suppliers who provide bulk flowers to florists, event planners, and grocery stores.
• Online Flower Shops: E-commerce businesses that sell and ship flowers nationwide or locally.
• Floral Designers for Events: Florists specializing in weddings, corporate events, and special occasions.

What Types of Insurance Do Florist Businesses Need?

Although there are no federal or state minimum insurance requirements, florists would greatly benefit from multiple types of insurance coverage to fully protect their business. Some key insurance types include:

 

• General Liability Insurance: Protects against third-party claims of bodily injury, property damage, and advertising injury. For example, if a customer slips and falls in a floral shop, this policy would cover medical expenses and legal fees.
• Commercial Property Insurance: Covers damage or loss of physical assets, including shop buildings, inventory, floral coolers, and furniture due to fire, theft, or natural disasters. It’s important to note that each state defines natural disasters differently and may require a separate policy altogether. Check in with EZ.Insure to get the most up to date information so you can receive proper coverage. 
• Business Owner’s Policy (BOP): A cost-effective package combining general liability and property insurance. This type of policy provides a broad protection for small florists.
• Commercial Auto Insurance: Essential for florists who use vehicles to deliver flowers. It covers accidents, damages, and liability claims involving business vehicles.
• Workers’ Compensation Insurance: Required in most states for businesses with employees. It covers medical expenses and lost wages if an employee gets injured on the job, such as lifting heavy floral arrangements or using sharp tools.
• Product Liability Insurance: Protects against claims related to allergic reactions or other issues caused by flowers, plants, or floral products.
• Business Interruption Insurance: Provides financial assistance if the business is temporarily closed due to covered incidents like fire, natural disasters, or power outages affecting refrigeration units.
• Health Insurance: Protecting your health is just as important as your business. Individual health insurance is ideal for independent florists, while group plans suit those with employees. Most policies cover doctor visits, prescriptions, hospital stays, and preventive care, keeping you healthy and your business thriving.

To learn more, get free quotes, and compare top-rated plans, click the button below!

 

How Much Does Florists Insurance Cost?

The cost of florist insurance varies depending on factors. Some of the main factors are  business size, location, revenue, number of employees, and coverage limits. The following are estimated costs for recommended policies:

 

• General Liability Insurance: $300–$1,500 per year.
• Commercial Property Insurance: $500–$3,000 per year.
• Business Owner’s Policy (BOP): $750–$2,500 per year.
• Workers’ Compensation Insurance: $1,000–$3,500 per year (varies by number of employees and state requirements).
• Commercial Auto Insurance: $1,200–$3,000 per year per vehicle.
• Product Liability Insurance: $500–$2,000 per year.

FAQs

Why do florists need insurance?

Florists face risks like damage to their shop due to fire or theft, customer slip-and-fall accidents, delivery vehicle mishaps, and product liability claims. Insurance helps cover these risks, preventing financial loss.

Is florist insurance required by law?

While general liability and property insurance are not legally required, they are highly recommended. However, workers’ compensation insurance is required if you have employees, and commercial auto insurance is also required if you use a vehicle for business.

What if I run a home-based florist business?

Home-based florists still need insurance, as homeowner’s policies typically do not cover business-related losses. A home-based business insurance policy or an endorsement to a homeowner’s policy can provide protection.

Does florist insurance cover delivery services?

Standard policies may not cover vehicle-related accidents. If you offer deliveries, commercial auto insurance is necessary to cover accidents involving business-owned or employee vehicles.

Get Protected Today with EZ.Insure!

Whether you’re an independent florist, own a retail flower shop, or specialize in event floral design, having the right insurance coverage is essential. Florist insurance helps protect your business from financial losses due to property damage, liability claims, and unexpected interruptions. 

 

Let EZ.Insure help you find the perfect insurance coverage with quick and reliable help from our dedicated team of insurance professionals!   

 

To get started simply click the button below or give us a call at 844-770-0876