Who can benefit from florist insurance?
Anyone who works in floristry can benefit from taking out an insurance policy, including:
- High street flower shops
- Studio florists
- Wedding & event florists
- Mobile florists & market traders
- Online florists with delivery services
- Freelance floral designers
What does florist insurance cover?
The range of cover you choose will depend on your package, but can include:
- Florist Public Liability insurance – To protect you financially against the cost of injury or damage to property compensation claims, and the associated legal costs
- Employer’s Liability insurance – A mandatory requirement if you employ anyone, including part-time workers or family members
- Stock cover – To protect you against the cost of replacing stock that’s damaged, lost or stolen
- Equipment cover – Covers loss or damage to equipment (mechanical breakdown may require separate cover)
- Goods in Transit – important if you make deliveries or transport floral arrangements for events such as weddings
- Business vehicle insurance – appropriate motor insurance for any vehicles used for business purposes
How much does it cost?
The amount you pay for your florist insurance will depend on your business model, what type of cover you need, and your budget. Your Park Insurance broker will be able to discuss the costs with you and ensure your portfolio meets both your needs and your budget.
Do florists legally require insurance?
The only legal requirements florists must meet are to have Employer’s Liability cover if they employ anyone in relation to the business’s daily operations (such as a delivery driver, assistant, or part-time helper), and business vehicle insurance for any vehicles used for your business. Our top tip: While it isn’t mandatory, florist public liability insurance is often required by venues and is strongly recommended. Many venues will not work with suppliers, such as florists, who do not have the required level of PLI.
Do at-home florist businesses need insurance?
Anyone working in floristry can benefit from a bespoke insurance package. Our brokers will be happy to answer any questions you have and help you find suitable cover.
Watch your business bloom with Park Insurance
For over 30 years, Park Insurance has been providing niche and specialist cover to SMEs, individuals, and large corporations, including florists. Our expertise, professionalism, and position as preferred broker to some of the UK’s biggest insurance providers make it easier for us to find suitable cover for you and your business. Whether you’re a budding florist or own a chain of flower shops, focus on venues and events or offer corporate floral services, we can help. Use our online Get a Quote function for an instant response or call us today and talk to one of our team members for a more in-depth discussion on all your insurance needs.