With businesses moving from the traditional office setup to online business, one may expect their commercial insurance to change — and rightly so. An online business presents you with unique risks that you need to mitigate by investing in a commercial insurance policy from Zot Insurance Agency of Davie, FL. Yes, you may not have a physical office, but this doesn’t mean you don’t have risks.

Do you have an online business? Below are coverages to consider for your business.

Liability insurance

Whether your business is physical or online, you need general liability insurance to protect your business against advertising injury, property damage, and bodily injury. Your products or services could harm customers. Similarly, you could publish a report deemed libelous by a third party. Either way, liability insurance covers you, ensuring you don’t incur out-of-pocket expenses.

Worker’s comp insurance

If you have one or more employees in your business, you need to invest in worker’s comp insurance to protect them from illnesses or work-related injuries. Besides, this coverage compensates your employees for partial loss of income when they cannot resume work.

Cyber liability insurance

By their nature, online businesses face a constant threat of cyber crime activities like hacking. When this happens, you could suffer data breaches and other costly consequences. Worse yet, if you store sensitive data on behalf of clients, any leakage may result in expensive lawsuits. Without business insurance, your business can’t withstand such costs.

Cyber liability insurance helps you pay for legal fees, notification costs, public relations expenses, and other related costs, lessening your financial burden when faced with cyber threats. 

Professional liability insurance

If you offer online professional services, you need liability coverage to protect you when sued for alleged negligence, missed deadlines, or non-delivery. Professional liability insurance covers legal costs, including lawyer fees. 

Buy commercial insurance today

Whether your Davie, FL business is online or physical, you need commercial insurance that suits the nature of your business. If you need commercial insurance coverage, don’t hesitate to contact Zot Insurance Agency for a competitive quote. 

We at the Zot Insurance Agency in Davie, FL have years of experience working with truckers and trucking companies to get you the commercial coverage you rely to stay on the road. We understand that there’s no such thing as a one-size-fits-all insurance solution. Read on for our tips on ways to help us get you the best insurance for your specific needs.

Gather the documentation your insurer will need

To speed things along when discussing options with your insurance agent, it helps to have some basic information readily available. Gather information — such as your driver’s license number, driving history, and the VIN number of the vehicle you’d like to insure — before speaking with an agent. Having these documents in hand will speed the process and help your agent guide you to the optimal coverage for your needs. 

Think about the type of coverage you require

It often helps to have an idea of the type of coverage you’ll require before approaching an insurance agency. A bit of basic knowledge makes it easier to understand the details of the various available policies. Individual truckers are required to carry primary liability insurance. General liability insurance provides coverage for trucking companies. Some general liability policies offer protection in the event your company is sued for libel or false advertising. 

We’d love to help

If you’re interested in discussing your options, we at the Zot Insurance Agency in Davie, FL are here to help. We have years of experience helping South Florida truckers with their insurance needs. We understand what you need and can help get you insured and on the road quickly and efficiently. 

Owning a second home in the Davie, FL area is a dream for a lot of people. While you may be excited to own a property that you can visit to enjoy the sun, warm weather, and a variety of local activities, it is important to remember that the property is a valuable asset that requires appropriate insurance coverage. There are a few reasons why you need to have insurance for your second home. 

Coverage Protects Your Home

One of the main reasons that you need to have property insurance for your second home in this state is because it can protect your home. Anyone that buys a second property will be making a significant investment that they will want to last. To ensure that your home is protected, you need to have a home insurance plan that can be used to repair your property if it is damaged. 

Coverage is a Requirement

Most people are also going to have specific home insurance requirements that need to be met. If you are going to own a second home, you likely will take out a mortgage and may also be part of a home association. In almost all cases, both your mortgage lender and the home association will require that you carry a full home insurance plan at all times. Having the proper coverage can help you stay in good standing.

In the Davie, FL area, there continue to be a lot of second and vacation homeowners. As you are looking to buy a home here, you should speak with the Zot Insurance Agency to discuss your needs. If you do call the Zot Insurance Agency, you can learn a lot about your housing options and choose a plan that is ideal for your situation. 

Living in Florida, you must carry the appropriate commercial auto insurance to legally drive your truck on its roads. The state and the Federal Motor Carrier Safety Administration (FMCSA) require specific levels of insurance for commercial trucks dependent upon the type of hauling. Zot Insurance Agency of Davie, FL wants you to understand the insurance policies you need to meet the legal requirements of the state and federal government.

Liability Coverage Minimums

While typical drivers in Florida law must carry liability insurance of at least $10,000, a commercial trucker must meet a higher set of insurance requirements. This minimum varies depending on the cargo type. It ranges from $300,000 to $5 million.

• Household goods require a $300,000 minimum liability insurance policy.
• General freight requires a $750,000 minimum liability insurance policy.
• Oil transport requires a $1,000,000 liability insurance policy.
• Hazardous materials require a $5,000,000 liability insurance policy.

Hauling across state lines means you must also meet the FMCSA federal liability limits. These typically range between $750,000 and $1,000,000.

This pays for the property damage you cause to another vehicle in an accident. This pays for repairs to their vehicle or replacing the vehicle. Your insurance also covers bodily injury liability, which covers costs of permanent or serious injuries or death when you cause an accident. Personal injury protection protects you and pays your medical costs if you incur injuries in an accident you or another driver causes.

If you drive your truck independently, meaning you own the vehicle and drive as an independent contractor, you must purchase all the policy components required by law. If you drive a truck for another company as its employee, the trucking company typically purchases the majority of the insurance. They may require you to obtain a hired truck insurance policy.

Zot Insurance Agency serving Davie, FL wants you to remain safe on the road. Let us help you protect your investment in your rig and your health with commercial trucking insurance.

At Zot Insurance Agency, serving Davie, FL we understand that you have invested a lot of time and money into your company. You have a desire and a responsibility to protect those investments. If you are wondering where to start, though, we are here to help. Business owners can bring a new layer of security and protection to their company through a solid commercial insurance policy. Keep reading to find out what you need to know about this important coverage. 

What Is Commercial Insurance?

If you are not familiar with commercial insurance, that’s okay. We are here to answer your questions and help you choose the policy that can best meet your needs. A commercial insurance policy is a unique product we provide for business owners. This product will cover all of the major areas of your company that will benefit from insurance coverage. Having this type of coverage in place is crucial to your long-term financial health and success. 

What All Is Covered Under This Type of Policy?

A commercial insurance policy will cover:

Property Damage- If your property or equipment is damaged because of a fire, natural disaster, or even burglary, this policy will kick to pay for repairs or replacement of what you have lost. 

Vehicle Coverage- You will need to be legally insured if you operate vehicles through your business. We have got you covered. 

Liability Coverage- Liability coverage is essential to long-term financial health. If someone is injured at your facility or because of your services, liability insurance will pay for any resulting expenses. 

If you would like to learn more about our insurance products, please contact us at Zot Insurance Agency, serving Davie, FL. 

Trucking insurance is more than mere auto insurance in Davie, FL. Your trucking service is likely your business, which means you need full protection in the instance of an accident on the road. Zot Insurance Agency can help you understand the benefits of trucking insurance. 

How does trucking insurance work?

Trucking insurance works much like a standard auto insurance policy. The amount of coverage you receive after an accident is largely determined by your policy’s limits. 

Truckers who pay more in monthly premium rates may find they have more financial support after an incident. On the other hand, individuals who pay less in monthly premiums may also be subject to a significant deductible. 

Some truckers in Davie, FL find it better to pay more in monthly premiums. The additional cost every month is less burdensome than having to pay a higher deductible. 

How much trucking insurance do you need?

The state of Florida requires drivers to show proof of at least $10,000 worth of bodily injury protection. You are also required to show proof of at least $10,000 property damage liability. Florida is a no-fault state, which means personal injury protection (PIP) of at least $10,000 is required. 

Many truckers find the state minimum to legally operate a vehicle in Florida to be insufficient. A trucking accident, after all, could lead to more than $50,000 worth of overall damage. 

It is best to speak with an agent at Zot Insurance Agency if you are looking for a good trucking insurance policy. Do not wait until an accident to consider a trucking indemnity plan that covers all your needs. Call today to get started with a quote for coverage.

The trucking industry continues to be extremely important as it ensures that the products you need to live are shipped all over the country. There continues to be a lot of opportunities for those that are in this industry to be quite successful. Anyone that does operate a business in this industry should consider their insurance needs. There are several reasons why you should get a trucking insurance policy if you are in the Davie, FL area.

Coverage for Assets

One of the reasons that you will need trucking insurance is that it can protect your assets. If you are in the trucking industry, you will need a variety of assets and equipment that can be very expensive to purchase or lease. Due to this, you will want to make sure that your equipment and all assets are covered by insurance. With a trucking insurance policy, you can get protection to cover your business assets.

Trucking Liability Coverage

Those that are in the trucking industry will take on a lot of liability risk. This can include liability for lost cargo or accident damage while driving the truck. Due to this, having proper insurance coverage is very important. When you get a full trucking insurance policy, it can give you the coverage needed to offset this risk to your business. 

If you are in the Davie, FL area and would like to get a trucking insurance policy, you should call the team at Zot Insurance Agency. There are a lot of factors that need to be taken into consideration when you are looking for this insurance coverage. The team at Zot Insurance Agency can help you better assess your needs and coverage options. This can help you pick the right policy for your situation.  

Trucking insurance is a necessity if you are running your own owner-operator business. Truckers in Davie, FL can purchase a trucking insurance policy from Zot Insurance Agency.

The following are three things you should know about trucking insurance. 

Not having adequate trucking insurance coverage can lead to severe penalties.

If you’re caught without adequate trucking insurance coverage, it could put you out of business. You could be hit with costly fines or even completely shut down. 

You need to understand what trucking insurance requirements you need to meet. Remember that trucking insurance is a type of commercial insurance. This makes it different from personal auto coverage. 

Make sure you’re meeting insurance requirements for running a trucking business through your insurance policy. 

There are numerous types of commercial trucking insurance coverage.

Trucking insurance is a complex product. There are numerous types of coverage you should be aware of. These include general liability coverage, non-trucking liability insurance, cargo coverage, trailer interchange, and more. 

You can write off trucking insurance premiums as a business expense. 

Trucking insurance is a necessary and important expense you need to cover as part of running your business operation. However, it’s important to realize that commercial trucking insurance premiums qualify as a business expense.

What this means is that you can write off your premiums to bring down the tax liability of your commercial operation. It’s important to remember to include your premium costs among your business expenses. Saving money on business taxes wherever possible is important for maximizing the profit of your commercial venture. 

Get the right trucking insurance policy in Davie, FL. We’re standing by to assist you with your insurance needs at Zot Insurance Agency. 

If you are a business owner in Davie, FL,  Zot Insurance Agency is here to meet your commercial insurance needs. Before you purchase commercial insurance, you should consider these four things. 

1. Do I Have Obligations That Require Certain Insurance Coverage?

Obligations that require you to have insurance include laws, lease agreements, and loan contracts. All states require vehicles to be insured. If you use your vehicle for business purposes, you will probably need commercial auto insurance. You may need worker’s compensation insurance if you have employees. Lenders often require you to ensure the collateral of the loan. When you lease property, the lessor may require you to have property insurance. 

2. Do I Need Insurance to Gain Clients or Perform Work?

Some businesses need specific insurance policies to perform their work, particularly if they work with vendors. Other businesses may have to meet insurance requirements to complete licensing. You may also be more attractive to clients if you have insurance. For example, construction and repair businesses are seen as more credible when they have commercial insurance coverage. 

3. Do You Need Professional Liability Insurance? 

Some businesses benefit from protection beyond the standard policies. Professional liability is important if a mistake in your work can be costly. Doctors, architects, and lawyers are a few examples of businesses that need professional liability. Your standard liability policy covers accidents. It does not cover damages for mistakes with your product or service. 

4. Do You Need Business Interruption Insurance?

If you own a physical business, you should consider business interruption insurance. if your place of business is damaged and needs repairs, you will still have bills to pay. Property insurance will cover the damage to your building and inventory, but it will not cover your business losses while your business is closed. Business interruption insurance can help you stay afloat until you are up and running again. 

Commercial insurance isn’t just for large businesses. Small businesses can also benefit from the right commercial insurance policies. At Zot Insurance Agency in Davie, FL, our agents will speak with you about your business and help you select the policies you need. 

If you have a trucking company or you’re about to start one, you’ll want to make sure you have the right trucking insurance to meet your needs and protect your employees, as well as other drivers on the road. At Zot Insurance Agency, we can help you and all our Davie, FL customers with the insurance they need to get — and keep — their businesses moving. The trucking business has specific requirements that have to be met, and insurance regulations are a big part of that. You want to make sure you’re following all the rules, and an experienced insurance agent can help make that easier. That way you can have peace of mind, and so can your drivers. Here are three important questions to ask your agent.

1. Does your insurance policy meet or exceed the state’s requirements for insurance for your commercial vehicles?

2. Who do you contact if you have questions or concerns about the policy or you need to make changes to it?

3. Are there options for quotes from multiple companies to find the insurance that’s right for your trucking business?

When you’re ready to get a quote on trucking insurance, get a policy, or update an existing level of coverage, reach out to us at Zot Insurance Agency. If you’re in the Davie, FL area, we can help you get the right type and level of coverage for your trucking business. Then you’ll have the opportunity to get started on your business venture with security and address any worries your drivers have about proper coverage, as well. Knowing your following proper rules and regulations can make it easier for you to focus on the business itself, and keep your drivers operating your fleet of trucks. Whether you’re traveling around your town or across the country, the right insurance can make a difference.