What Affects Florist Insurance Premiums?

• Business type (retail, delivery, events, weddings)
• Claims history
• Staff numbers and employment risk
• Value of stock and equipment
• Vehicle usage and delivery frequency
• Security and risk management measures
• Policy structure and limits

Ensure Your Business Details Are Accurate

One of the most common reasons florists overpay for insurance is inaccurate or outdated information. Overstating risks can push premiums higher.

• Declare correct turnover and stock values
• Separate retail-only from wedding/event work
• Update staff numbers seasonally
• Review vehicle usage annually

Use Combined Florist Insurance Packages

Combined policies bundle multiple covers into one package, often at a lower overall cost than buying separate policies.

• Public & employers’ liability
• Stock and contents insurance
• Goods-in-transit cover
• Optional business interruption

Review Insurance Limits Carefully

Higher limits increase premiums, but underinsurance can invalidate claims. The key is matching limits to realistic exposure.

• Avoid unnecessary £10m liability limits unless required
• Insure stock at peak seasonal levels
• Review sums insured annually

Improve Risk Management & Security

• Install approved alarms and CCTV
• Secure vehicles overnight
• Implement safe manual handling procedures
• Maintain good housekeeping in shops and workshops
• Use temperature controls for flower storage

Reduce Claims Frequency

A clean claims history has a significant impact on premiums. Preventing small losses can help keep costs down long term.

• Report incidents early
• Fix hazards quickly
• Train staff properly
• Document risk assessments

Why Florists Use Insure24 to Reduce Insurance Costs

• Access to multiple specialist insurers
• Expert advice on cost vs cover balance
• Policy reviews to remove unnecessary cover
• Clear guidance on risk improvements
• UK-based specialist support