Does Workers Compensation Cover Freelance Employees You Use?

Many business owners do not understand the complexities involved with workers compensation insurance. Workers compensation insurance is complex and there are a lot of different rules and laws that come into play. One of the areas that many business owners do not understand is in regards to freelance employees and workers compensation insurance. Many business owners ask us at First Florida Underwriters Inc, serving Orange Park, FL, whether freelance employees are covered under their workers compensation insurance. Here is the answer.   

Workers compensation insurance does not cover the freelance employees that you hire for projects or work. Freelance employees are not real employees, and as such, they are not covered as an employee would be under workers compensation insurance.

However, this does not mean that a freelance employee cannot sue you if they are injured at your business. This is where commercial liability insurance would come in. If the freelancer slips and falls and injures themselves while visiting your business, or injures themselves some other way while at your business, they can file a lawsuit against your commercial liability insurance, not your workers compensation insurance, which is designed to only cover employees. 

If you have employees, you must carry workers compensation insurance. If you do not yet have a policy or are looking for a new policy in the greater Orange Park, FL area, First Florida Underwriters Inc would love to assist you. Contact us today to schedule an appointment for us to sit down and discuss your business and insurance needs. From there, we can put together a comprehensive insurance package that will fully protect you and your employees. Call us now to get started. 

Who Does Commercial Insurance Protect?

It might seem like that when you are shopping for commercial insurance from First Florida Underwriters Inc in the Orange Park, FL area, you just thinking about the physical building and equipment that keeps your business up and running.  However in reality, a supportive insurance agent will help you build a group of commercial insurance products that protect so much more.

Your Investment

You can’t keep making money when Mother Nature shuts down your business after a major storm.  Make sure you can keep paying your vendors, suppliers, and payroll even when you can’t deliver a shipment on time with gap insurance.  Instead of losing value during downtime, your investment and bank accounts will remain intact.

Your Customers

Talk to your agent about proper liability coverage. Even if a customer receives a defective product or is injured in some way by your business, a good insurance policy will take care of their concerns without putting a huge hole in your operating budget. Addressing customer issues promptly helps to build and protect your reputation as you maintain more goodwill in the public sector.

Your Employees

Finally, through commercial auto insurance and workman’s compensation insurance, your employees are able to maintain their personal wealth and lifestyle even if they get injured on the job. When you provide the right level of protection, your employee turnover goes down and productivity increases as their confidence in their employer and workplace grows.

In the end, your commercial insurance policy from First Florida Underwriters Inc not only helps you recover from severe physical damage to your company, it can help you grow as you, your staff, and your customers know they can rely upon your business to do the right thing when the going gets rough.  If you are in the Orange Park, FL area, give their agents a call today for more details on rates and coverage. 



Is Buying a Workers Comp Policy or Becoming Self Insured Right for Your Business?

At First Florida Underwriters Inc, serving the greater Orange Park, FL area, we often have employers come to us wondering whether they should purchase a workers compensation insurance policy or whether they should become self-insured. Here are a few factors to consider that can help you make your decision. 

The Amount of Money You Have

One of the biggest factors that affect whether you should be self-insured or not is how much money your business has available to it. In order to become self-insured, you have to post a huge bond with the state your business operates in. The amount of the bond varies based on the type of industry your business is in and the number of employees you have. But if you are a smaller business, you may not have the reserves to become self-insured. 

The Number of Employees You Have

The other major factor that should influence your decision on whether to buy a workers compensation policy or become self-insured is the number of employees you have. Self-insuring is a good choice for a large business that has numerous employees. Smaller businesses simply do not have enough employees that wind up getting hurt and needing to utilize workers comp insurance. As such, dedicated employees to handling your claims, as is required to become self-insured, does not make much sense. 

If you are in the market for a workers compensation insurance policy in the Orange Park, FL area, First Florida Underwriters Inc would be happy to assist you. Give us a call today and let’s discuss your worker’s compensation insurance needs and put together a policy that best fits your needs and your budget. 

How Long Do you Have to File a Home Insurance Claim?

Filing a homeowner’s insurance claim is not something that many of us want to deal with. Sadly, more people than you may imagine deal with homeowner’s claims each and every day. For those that live in the area, the agents with First Florida Underwriters in Orange Park, FL can help you determine how long you have to file your home insurance claim.

For the most part, the time limit when it comes to filing a home insurance claim is going to vary between agencies. Some allow up to a year while others require you file within a few months. Some agencies even set the time limit at 30 days requiring that the incident be reported and a claim filed within 30 days of the occurrence.

It is very important that when you have a homeowner’s claim that you want to file, that you take the time to gather your proof and file as quickly as you can. This is going to reduce the likelihood that your agent or agency is going to be able to or want to reject the claim and leave the burden of repair on you. When you take on a new policy you should read the policy to find out just how long you have and how to go about filing.

When preparing to file a claim you first want to make sure you take the time to gather proof in the form of photos so that you can show them to the adjuster when they come to assess the damage. Though they will take their own photos, it can take up to a week for an adjuster to come and things are bound to look different in the span of a week. No matter how you go about filing your claim, the agents with First Florida Underwriters in Orange Park, FL can help.  

The Importance of Changing Your Home Insurance Policy After Home Renovations

Here at First Florida Underwriters Inc, one of the questions that we are often asked is whether your home insurance policy should be changed after home renovations are made. Here is how we answer this question. 

Following home renovations, we strongly encourage those insured by us to consider changing their policy. First, you should have an appraisal done on your home to determine the estimate value of your home. Following renovations, you may have significantly increased the value of your home. If your policy is not updated, it may not reflect these changes and you could be paid out less than your home is worth. Home insurance does not pay what your home is worth if your home is worth more than the limits on your policy. 

Secondly, we strongly suggest letting your insurer know what renovations you have made. If you have replaced old carpet with new carpet, there may not be a huge discrepancy with the insurance company as long as you retain the receipt. But if you ripped out old carpet and laid down slate tiles, you have changed the materials used in the home, which may cause affect any money you receive if something were to happen to your home. As such, you want to ensure that the insurance company knows what materials are used in your home so you can be properly compensated if the flooring is damaged, the countertops are damaged or if your home winds up being a total loss. 

If you have made renovations to your home, now may be a great time to look into changing your home insurance policy. If you are looking to obtain a new policy, contact First Florida Underwriters Inc today for a free quote for home insurance. 

Why Commercial Insurance is Vital to your Small Business?

For many businesses who are just getting started or in the first years of operations, it is easy to skip purchasing a comprehensive insurance package and put resources into growing the business. However, business owners often learn this is a costly mistake once they are hit with a loss that they are not able to recover from financially.

If a business does not have have a liability policy, it is left exposed to lawsuits if a customer is injured on premises. The legal costs alone to defend your business in a lawsuit can be enough to destroy a business let alone any damages the business many need to pay. A liability policy offers peace of mind that you will not be caught covering the cost of a legal battle.

A business interruption policy can help pay the bills and compensate the business for lost income in the event of a fire, flood or other disasters. No company can predict the future, but you can protect against losses from delays in operations. If you are a business in the Orange Park, FL area make sure to ask your agent at First Florida Underwriters Inc about BI coverage in the event of a hurricane.

When a small business can actively show potential clients that they have a comprehensive insurance package in place, you will be able to compete with the larger competition. There clients out there who will not do business with an entity that cannot show proof of insurance.

In addition to attracting clients, a comprehensive insurance package will help you recruit top talent. Top job seekers are going to look for employers who offer insurance packages that include disability and health insurance options.

If you would like to learn more about commercial insurance, please reach out to First Florida Underwriters Inc. We proudly serve the Orange Park, FL area.


Who Benefits From My Life Insurance Policy?

In your younger days, the only person you needed to worry about was yourself. You bought auto insurance for your car in case of an accident. You got renter’s insurance for your tiny one bedroom apartment in case a thief broke in and stole the TV. When you decided to start putting down some roots and buy a new house in Orange Park, FL, you purchased a home insurance policy from First Florida Underwriters Inc. Now that you are a bit older with a growing family, it is time to start thinking of someone else for a change. Should anything happen to you, a life insurance policy will take care of the people we cherish most in this world.

Who Benefits From My Life Insurance Policy?

According to Florida state law, you can name any person as a beneficiary as long as it is a contract on your own life. If you wanted to procure a life insurance contract on another individual, the law states that the person must be an insurable interest. This used to be the case for your own life as well, but the law was changed in 2008. That means that now you can choose anyone to receive benefits from your life insurance whether it be an insurable interest (i.e. one individual, a group of people, a trust you have established, your favorite charity, not-for-profit organization, your estate, etc.) or not. The important thing is to provide financial security for those you care about. With a life insurance policy, you can rest easy knowing that your loved ones’ best interests will be looked after in your absence.

If you would like more details on the various life insurance options in Orange Park, FL, be sure to reach out to First Florida Underwriters Inc for a consultation.

Home Insurance Necessary for Suburban Floridians

Life in an active suburban community requires good home insurance. Accidents can, and will, happen if you allow your home to be used for neighborhood activities. And, when something bad occurs, it usually does when you least expect it.

Without adequate home insurance, you will need a lot of money saved up to take care of the bills. Some households have gone into bankruptcy after being sued by someone hurt on the property, Do not let this happen to you.

Fortunately, you can better avoid such problems by speaking with the professionals at First Florida Underwriters Inc. The staff understands how it is to live in a large suburb.

To help you know what to discuss when you contact an insurance agent, the following are some of the types of accidents that befall homeowners in Orange Park, FL and beyond.

1. Visiting Kids Can Slip and Fall

Like most families, yours probably plays host from time-to-time. The neighborhood kids stop by to swim in the pool or play soccer in the backyard. All goes well in most instances. But, a kid can very easily slip and fall, hurt their head. Their parents will probably want to sue you for the exorbitant medical bills.

2. Guests Can Lose Expensive Items

You may also be held responsible for guests who cannot keep track of their expensive items.

Someone may have fine jewelry, take it off and then upon leaving, realize it is missing. They will want you to pay for a replacement, probably claiming you failed to make your home a secure environment.

3. Pets Can Attack Visitors

Of course, your dog, cat, or other pet is nice enough when you are around. But, how about when alone? You never know, right?

Animals have been known to take a bite out of postal carriers, delivery drivers, and maintenance personnel. When these attacks happen, the owner usually has to foot the bill.

Get Fully Insured Today

Litigation can be expensive. You probably cannot afford a lawsuit alone.

Purchase a comprehensive home insurance policy, and perhaps even some umbrella coverage, because this security is a virtual necessity in Orange Park, FL.

Be sure to ask the experienced staff at First Florida Underwriters Inc about the appropriate policy for your situation.


How to Determine the Right Coverage Level For Your Commercial Insurance Policy

When you are buying commercial insurance, it is important that you have the correct coverage amounts. Should your coverage amounts be set too high, you may be paying much more for insurance than you need to. But if they are set too low, you may not be fully covered if something unexpectedly happens. But how can you determine what the right coverage amount is for your policy? Read on to find out more.

Determine Fair Market Value of the Items Covered

One of the biggest mistakes people make when it comes to any insurance policy is valuing their items higher than they are. An insurance company will only pay you fair market value for your belongings. Not how much you paid for the item or how much you think it is worth. It is how much it will cost to buy the same exact item in the same condition yours is in in today’s market. Valuing your items at fair market value is the first step in determining how much commercial insurance you should have.

Talk to a Professional

Once you have determined fair market value, talk to a professional insurance agent or broker. They are trained to determine the right coverage levels for you, whereas you are not. They have experience in coming up with the right amount, which makes it more likely that they can come up with the right level.

Trying to determine the right coverage level for your commercial insurance policy is hard to do by yourself. A trained and licensed insurance agent is the best person to help you make this decision. Here at First Florida Underwriters Inc, serving the greater Orange Park, FL area, our staff can help you find the best policy and coverage levels for your business. Call us today to get started.

Getting the Best Auto Insurance in Orange Park Regardless of Your Driving History

Throughout the US today, most states require auto insurance before an individual is legally allowed to operate a motor vehicle, especially with other drivers on the roads. In Orange Park, Florida, the law is also enforced to ensure all drivers are protected in the case of an accident or potential bodily injury. Obtaining both bodily injury and property damage insurance is necessary for the state of Florida to keep both drivers and passersby safe while operating vehicles. 

Before purchasing insurance in the state of Florida, it is important to verify the type of insurance you are obtaining and the amount of coverage you want to include within the plan of your choice. Our agents at First Florida Underwriters Inc ensure our customers that they have proper insurance before getting on the road to avoid traffic tickets or potential monetary lawsuits that stem from accidents and injuries while operating a motorized vehicle. Working together with an agent who specializes in auto insurance can get you the right coverage based on your financial situation as well as the amount of coverage you are seeking to protect yourself and the vehicle of your choice whenever you are driving. Whether you are in need of full and comprehensive coverage or uninsured motorist coverage, we are here to assist with the process from start to finish. 

To work with an insurance agent who specializes in auto insurance throughout Orange Park, FL, contact First Florida Underwriters Inc today for more information and to get the coverage you need right away to protect you and your family every time you drive.