Last Updated: February 16, 2024, 11:45 am by TRUiC Team

Business Insurance Cape Coral, FL

There are numerous options to find coverage for business insurance in Cape Coral, FL. You absolutely need insurance to protect your business from liability and accidents. This guide will help you choose the right coverage at an affordable price. 

According to data on the insurance industry, 75% of US businesses are underinsured, and 40% of small business owners have no protection whatsoever. 

A study conducted by Advisor Smith found that 75% of small businesses faced an insurable event in 2020. Use an online insurance provider to get a quote, find personalized insurance products, and easily file claims. 

Recommended: Estimate your premiums and coverage options in Florida. Get a quote from a dedicated small business insurer.

Two business owners looking at options for business insurance.

What Insurance Do I Need for My Cape Coral Small Business?

With average premiums for general liability insurance in the United States at about $800/year, protecting your business can be affordable and a smart decision. 

Your premiums in Cape Coral, FL will depend upon your industry, revenue, and risk. A brick-and-mortar business providing any kind of general product, services, or consulting could use a host of coverage options, such as general liability insurance for onsite accidents, commercial property insurance to protect against theft, or workers’ compensation to offer support in the event of workplace injuries.

Ecommerce businesses have unique needs and may be more concerned with data breaches or cybersecurity coverages. You can bundle most of these into a business owner’s policy (BOP).

Find the Right Coverage for Your Cape Coral Business

Next Insurance is a fully online provider dedicated to low-cost, high-protection coverage for small businesses. Get an accurate quote instantly.

What Are the Different Types of Business Insurance?

Below are the most popular types of coverage that a small business in Cape Coral, FL may need:

General Liability Insurance Cape Coral

General liability insurance is the most common type of business insurance, as it covers the most basic needs that are shared among all types of companies. Things like bodily injury on your business's property and physical damage caused by employees or employers are covered by this policy. 

Read our review on the best small business insurance providers to find suitable business insurance in Cape Coral, FL.

Workers' Compensation Insurance Cape Coral

Workers' compensation insurance is meant to protect the interests of your employees if they are injured on the job. It can also protect your business from a lawsuit if that employee needs compensation for their injuries. Workers' comp is mandated for any company with employees in every state except Texas and South Dakota.

Recommended: Estimate your premiums and coverage options in Florida. We recommend getting a quote from a dedicated online business insurance provider like Next Insurance.

Business Owner’s Policy Cape Coral

A business owner's policy is a bundle of insurance policies usually consisting of general liability, commercial property, and business interruption insurance. Since they are packaged and sold as one policy, this makes the administration of your protection simpler, and it may even come at a discounted rate.

How Much Is Business Insurance in Cape Coral, FL?

Making an informed decision to protect your business starts with estimating the cost of coverage, it takes less than five minutes to get a quote from our partner.

Online Business Insurance vs. Traditional Insurance Agency in Cape Coral

Online insurance agencies generally provide comparable coverage to a traditional insurer at a lower price. As a result, a growing number of small businesses prefer to use online business providers to find personalized insurance products and save on costs. They offer other benefits as well:

We highly recommend using an online provider like Next Insurance for a number of reasons:

  • Mobile App: Easily access all your coverage provided and Certificate of Insurance (COI) through an app.
  • Personalized Coverage: Online insurance providers use AI and predictive data to provide customized insurance options tailored to the unique risks to your business.
  • Lower Premiums: Online insurance providers save on expenses by not having brick-and-mortar locations or full-time agents and pass on these savings to their customers through lower premiums. 
  • Quick Turnaround on Claims: You can file a claim online and receive a resolution, usually within 48 hours
  • Convenience: Save time by avoiding speaking to an agent on the phone, get a quote instantly and insure your business within 24 hours. 

Two Ways To Start Coverage

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Compare Quotes Online

Use our dedicated small business insurance provider to generate a quick and accurate online quote, specifically for your small business. 

Get an online quote
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Speak With an Insurance Representative

Representatives are online from 8:00 a.m.–8:00 p.m. ET, Monday–Saturday, to answer your questions and help you discover the best coverage. 

Call Now: 833-536-1478

Frequently Asked Questions

A study conducted by Advisor Smith found that 75% of small businesses faced an insurable event in 2020. Because of this, it’s in your best interest to get insured. 

The cost of business insurance for a small business is typically between $700 and $3,800 a year, but this depends greatly on what types of insurance your business needs, your industry and the risk associated with your state.

An insurer like Next Insurance offers convenience and can get you an instant, online quote with your specific needs in mind or we recommend calling a local insurance agency as listed below in Cape Coral to discuss your unique needs.

  1. In the event of any liability, such as property damage, client injury, data breaches, etc., you can be held responsible to pay in full any court-appointed charges, with no benefit payout to help cover the cost.
  2. Businesses may choose not to work with you, as they do not want to assume all of your risk on their own insurance policy.
  3. Depending on your business and jurisdiction, your state or local government may shut down your business if you do not satisfy their insurance requirements. In addition to this, you may be forced to pay a penalty.

Yes. Sole proprietorships, like other businesses, should get business insurance. 

Small Business Resources in Cape Coral, FL

Contemporary Business Resources Inc.

The professionals at Contemporary Business Resources Inc. can help businesses define and create a strategy for hiring the right kind of talent to help expand their teams. Along with staffing, they can also assist in accounting, finance, tax preparation, and more.

Chamber of Commerce of Cape Coral

The Chamber of Commerce of Cape Coral is a champion for local businesses and an advocate for the community, bridging the gaps to help create an economic ecosystem that's supportive for all companies. They offer a number of small business resources, including answers to HR questions and local government connections.

  • 2051 Cape Coral Pkwy. E., Cape Coral, FL 33904
  • 239-549-6900

Lou Peppe Business Services

Lou Peppe Business Services provides entrepreneurs with insight into their current economic environment to keep their businesses on the trajectory of success. They offer a free assessment for your business as well as support in accounting and bookkeeping.

  • 1639 Cape Coral Pkwy. E. #205A, Cape Coral, FL 33904
  • 239-205-7813

Central Cape Business Park

Home to various thriving businesses, the Business Park at Central Cape provides not only a professional and clean working environment but also a network of other leaders in the community to help your connections grow alongside your business.

  • 1480-1490 NE Pine Island Rd., Cape Coral, FL 33909
  • 239-331-8854

Local Insurance Agents in Cape Coral, FL

We have compiled a list of local insurance agencies in Cape Coral, FL if you prefer to discuss your specific needs by speaking to an independent insurance agency or representative.

Univista Insurance

  • Google Rating: 5/5
  • 2120 Santa Barbara Blvd. #2, Cape Coral, FL 33991
  • Monday–Friday, 9:00 a.m.–6:00 p.m. ET
  • Saturday, 10:00 a.m.–2:00 p.m. ET
  • 239-443-5468

Wilcox Family Insurance Company

  • Google Rating: 4.2/5
  • 304 Del Prado Blvd. S. Ste. D, Cape Coral, FL 33990
  • Monday–Friday, 9:00 a.m.–6:00 p.m. ET
  • 239-573-2463

Cape Coral Insurance Center

  • Google Rating: 4.4/5
  • 4825 Coronado Pkwy. #2, Cape Coral, FL 33904
  • Monday–Friday, 9:00 a.m.–5:00 p.m. ET
  • 239-549-6255

Freedom Insurance Center

  • Google Rating: 3/5
  • 923 Del Prado Blvd. S., Cape Coral, FL 33990
  • Monday–Friday, 8:30 a.m.–5:00 p.m. ET
  • 239-772-2886

Fiesta Auto Insurance & Tax Service

  • Google Rating: 4.6/5
  • 1622 Del Prado Blvd. S. Ste. 3, Cape Coral, FL 33990
  • Monday–Friday, 9:00 a.m.–7:00 p.m. ET
  • Saturday, 10:00 a.m.–4:00 p.m. ET
  • 239-230-2015

Chapman Insurance Group

  • Google Rating: 4.7/5
  • 4507 SE 16th Pl., Cape Coral, FL 33904
  • Monday–Friday, 9:00 a.m.–5:00 p.m. ET
  • 239-205-2012

Look Insurance Agency

  • Google Rating: 4.9/5
  • 441 Del Prado Blvd. N., Cape Coral, FL 33990
  • Monday–Friday, 9:00 a.m.–5:30 p.m. ET
  • 239-458-0500

Additional Resources on Starting and Growing a Small Business in Cape Coral, FL

How to Start a Business

Why You Need a Business Bank Account

Best Small Business Insurance Companies for LLCs 2024

Best Business Insurance Provider in Florida