What is florist insurance?
Protection to let your business flower and blossom
As a florist you’ll own or manage a shop dedicated to arranging and selling flowers. The flowers you arrange can be used and purchased by your customers for those all important special moments such as weddings, or birthdays. We aim to understand your business in order for us to develop a bespoke insurance package for your florist or flower shop. You’ll want cover to ensure your protecting should any of your customers be injured in your florist, and keeping your stock of fresh flowers protected will be at the forefront of your mind.
Within your florists working areas there are perils such as water spills, thorns, allergies, and more that could all pose a risk to a third party. Florists insurance will help you if you are faced with a claim made against you such as damage or a customer slipping on a wet floor, and provide the financial protection you could need against possible risks that could damage your business profits.
At The Insurance Octopus, our comprehensive cheap business insurance policies are specially designed and tailored with you in mind, matching your exact requirements. This ensures that you are able to tailor your florists insurance or flower shop insurance exactly the way you want it, providing all of the essential cover you need in one business insurance policy.
What your florist insurance policy includes
Public Liability insurance
Public Liability insurance covers your business if someone gets hurt or property is damaged in the course of your business. Available levels of cover options are £1m, £2m or £5m.
Product liability insurance for florists
While you may not sell goods that your customers can eat, the products you sell still pose a risk – claims can still be brought forward due to injury or harm being caused from products you’ve sold. Product liability provides protection for just such occasions.
Employers Liability is a legal obligation and covers florists dealing directly with the public so it is a consideration to have a minimum cover in place. As a retailer, you will have a legal responsibility to ensure that you have provided safe and secure surroundings for your employees and any visitors to your business premises. Employers Liability cover is available at levels of £1m, £2, £5m and £10m.
Buildings and Contents cover
Buildings and Contents cover will protect the sums insured to match the levels of protection you need including glass, shop fronts, signs and much more. Should your florist be damaged then your contents may well be damaged too.
Florist Stock Insurance
Stock Insurance protection for every florist is different and each will have various levels of stock. By making sure your flower shop insurance is the correct level there will be no need for you to be paying for more than you need. But remember, quoting for less than you need could also be devastating for your financial status.
Business Interruption, Cash on Premises, and Goods in Transit
Business Interruption, Cash on Premises, and Goods in Transit are all additional add-ons that can be increased or decreased as required. By having flexibility with your business insurance policy from The Insurance Octopus you can make sure your insurance is exactly what you will need.
Why you need florists insurance
As a flower shop owner, you are at risk from many eventualities, from malicious damage to theft of stock by burglary or theft of monies by an employee. All of these risks factors need to be considered when looking for a comprehensive retail shop insurance policy. Running a business can be highly profitable so you need to be able to protect your business and yourself from financial loss.
Additionally florist insurance can also protect you against compensation claims and legal expenses. Even if you win a case, legal fees can be considerable so it is important for your financial success that you are covered by public & employers liability insurance.
Cover that’s there when you need it most
When you’re considering taking out a policy, one of The Insurance Octopus’ specialists will discuss your business requirements with you and compare personalised quotes from a number of major insurance providers. You will get a bespoke policy that ensures you only pay for the cover you need. We can provide you with your business insurance and documents on the same day in most cases, offering a range of flexible payment options, including Direct Debit.
The right cover, at the right price
Choosing the right insurance package that suits your floristry business including any additional items you may require is an important aspect of owning a business, which is why The Insurance Octopus will endeavour to put a policy together for you that suits all of your requirements.
Why choose The Insurance Octopus to insure your florist?
We proudly make buying insurance different and our cover comes with a range of benefits.
Up to £5 million of cover
Claims can be expensive, that’s why we offer up to £5 million worth of public liability cover for shops. With more available upon request.
Fast specific cover
To help save you both time and money. We compare prices from a range of different insurers so you don’t have to.
An expert who knows your industry
We'll connect you with an agent who is an expert in your field. They understand many of the challenges you face, and can truly get to grips with the type of cover you need.
Easy claims process
Accidents can happen, so when something does go wrong you can rest easy knowing our team is on hand to make the claims process as quick and stress free as possible.
Octopus customer rewards
We pride ourselves on the value we offer our customers, and with Octopus Customer rewards we give our customers a few additional benefits to their insurance such as discounts and offers to save them money.
No mid term fees, ever
We don’t charge any mid-term fees at all during the life of your policy – so there are no hidden fees following any changes you might need to make.
Florist insurance FAQ's
Get the answers you're looking for
What are the benefits of florist insurance?
As with any shop there are risks associated when you operate from a premises florists are as susceptible as any other business to claims being made by the public or employees for anything from injury to accidents. A physical location makes you responsible for the way the entire property is used. In addition, flowers don’t come cheap and if you lost your whole stock due to a fire or theft, ask yourself if you could cover the cost to replace them. Florist insurance covers all these ‘what ifs’ leaving you to run your business in peace.
Is florist insurance compulsory?
Insurance of your florist business is not mandatory, but it is highly recommended to protect yourself against sudden, unforeseen claim’s costs and damages that could otherwise cause problems when it comes to running your shop. It is a legal requirement to have employers liability insurance for florists with staff so ensuring you have the correct cover in place is vital.
How much does insurance for florists cost?
The cost for florist insurance varies depending on your exact requirements. These include if you hire staff on the premises if you’re actively open to the public and even what level of insurance you believe your store requires against theft, damage or other such problems. Contact us for your personalised quote today.
How it works
Examples of Florist Insurance in action
Low ceiling, high cost
Carrying several bouquets of roses down a short flight of steps, an employee at a florist shop hits her head on an un-signposted low ceiling, resulting in a concussion, minor injury from falling as well as cuts from the flowers. The employee takes legal action against the florists, claiming legal costs in addition to compensation. Thanks to full employer liability coverage, the cost of legal proceedings as well as the claim is covered without a problem.