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Commercial Property Insurance in Florida

Florida does not apply its section 627.715 flood-coverage standards to commercial lines, so your business needs to check the specific flood policy or endorsement offered. State law requires catastrophic ground cover collapse coverage and makes sinkhole-loss coverage available for an additional premium; the two coverages have different statutory triggers. 1,3

What Is Commercial Property?

Commercial property may fit your business if you own a building or rely on equipment and stock. Compare replacement-cost terms, deductibles and any coinsurance condition, and check lost-income protection separately. Read the national Commercial property guide.

What to Watch for in Florida

  • Read the Commercial Flood Form

    Florida’s Office of Insurance Regulation says section 627.715 does not apply to commercial lines, including commercial nonresidential flood coverage. Ask whether flood is included or separate, and check its definition, limits, exclusions, and deductible in the form itself. 1

  • Ask About Sinkhole Coverage

    Florida law requires authorized property insurers to provide catastrophic ground cover collapse coverage and make sinkhole-loss coverage available for an appropriate additional premium, subject to the form to which coverage attaches. The statutory triggers differ; ask which protection the quote includes and check the attached form’s scope, limits, exclusions, and deductible. 3

  • Check Renewal Notice Timing

    Florida generally requires at least 45 days’ advance written notice of the renewal premium for property policies when you supplied the information needed to develop it before the policy expires. Check the notice date against the renewal and ask which changes it reflects. 4

  • Get the Forms Behind the Quote

    Florida OIR says commercial property forms are generally subject to prior approval but are eligible for informational filing under section 627.4102; its flood guidance describes the commercial flood filing route separately. Ask which filing route the insurer used for the actual quote and review the policy form and endorsements for their flood, wind, and sinkhole terms. 2,1

Who Regulates Insurance in Florida

Florida Office of Insurance Regulation

The Florida Office of Insurance Regulation licenses and regulates insurance companies and reviews rates and forms. The Department of Financial Services separately licenses insurance agents and handles consumer insurance complaints; its resource page links to both state license searches. 5,6,7

Surplus-lines tax and stamping office

Reported tax rate: 4.94% of gross premium plus a 0.03% FSLSO service fee for policies effective July 1, 2026 or later When Florida is the insured’s home state, Florida taxes the entire gross premium at 4.94%; the premium definition includes policy and similar insurance charges. The separate FSLSO service fee is 0.03% for policies effective July 1, 2026 or later. Surplus-lines policies do not receive Florida Insurance Guaranty Association protection. 8,9,10

Florida Surplus Lines Service Office

Providers With Documented State Licenses

These providers publish a national listing for Commercial property; the state records document licenses for the entities and roles shown below. Some records rely on company-reported information rather than independent regulator verification. A national listing does not confirm the product is available in Florida. Check the regulator’s license lookup and confirm state availability for your business when requesting a quote.

  • ERGO NEXT InsuranceNext First Insurance Agency, Inc.Insurance producer · checked 2026-09-28ERGO NEXT’s current license table lists Next First Insurance Agency, Inc. in 50 jurisdictions, including Washington, DC; New York is excluded because its table rows name Next Insurance Services and AP Intego, not Next First. The table is company-reported; it does not establish product availability or provide state-regulator verification for each entry. 15
  • TechInsuranceSpecialty Program Group LLCInsurance producer · checked 2026-09-28TechInsurance’s current licensing page names Specialty Program Group LLC / SPG Insurance Solutions and lists state license numbers, but labels Rhode Island “Individual licenses” rather than identifying a license for the named agency. RI is omitted because this disclosure does not establish agency authority there; this is a search limitation, not an assertion that the company is unlicensed. The remaining state entries are company-reported and are not an insurance product availability map. 16
  • VouchVouch Specialty Insurance Services, LLCInsurance producer, Surplus-lines broker · checked 2026-09-28Vouch’s licenses page, effective January 16, 2025, lists producer licenses in all 50 states and DC. Its separate surplus-lines table includes Idaho number 870820, while a footnote says Georgia and Idaho do not issue agency-level surplus-lines licenses. Because those statements conflict for Idaho, this record keeps Idaho producer-only and does not treat the table number as established agency surplus-lines authority. The page is company-reported and does not establish product availability. 17

Questions to Ask Before You Buy in Florida

  1. Is flood included in this commercial property quote or written separately, and which form controls its limits and exclusions?
  2. Does the insurer offer sinkhole loss coverage for this building, and what additional premium and deductible apply?
  3. When is the renewal premium notice due, and which changes in coverage or rates will it show?
  4. Can you send me the exact commercial property form and endorsements filed for this quote?

Commercial Property in Florida: FAQ

Does Florida’s section 627.715 flood law apply to commercial property insurance? 1

No. The Florida Office of Insurance Regulation says section 627.715 does not apply to commercial lines; review the commercial flood form for its own terms. 1

Can a Florida commercial property policy include sinkhole coverage? 3

Yes. Florida law requires authorized property insurers to provide catastrophic ground cover collapse coverage and make sinkhole-loss coverage available for an appropriate additional premium, subject to the form to which coverage attaches. The statute gives the two protections different triggers. 3

How much notice does Florida require for a commercial property renewal premium notice? 4

Generally, at least 45 days’ advance written notice of the renewal premium is required when you provided the information needed to calculate it before the policy expires. Section 627.4133 has exceptions, so check how it applies to your policy. 4

Commercial Property in Other States

Other Coverage in Florida

Sources

  1. Flood Insurance. Florida Office of Insurance Regulation; Commercial flood coverage; section 627.715 does not apply to commercial lines. Accessed 2026-09-28.
  2. Form Filing Checklist: Commercial Property and Commercial Multi-Peril Forms. Florida Office of Insurance Regulation; Pages 1 and 7: informational form filing, renewal notice, and sinkhole coverage. Accessed 2026-09-28.
  3. Florida Statutes, Section 627.706: Sinkhole Insurance; Catastrophic Ground Cover Collapse; Definitions. Florida Legislature; 2026 Florida Statutes, section 627.706(1)(a)–(c). Accessed 2026-09-28.
  4. Florida Statutes, Section 627.4133: Notice of Cancellation, Nonrenewal, or Renewal Premium. Florida Legislature; 2026 Florida Statutes, section 627.4133(1)(a) and applicable exceptions. Accessed 2026-09-28.
  5. Florida Office of Insurance Regulation. Florida Office of Insurance Regulation; Official regulator homepage; insurer regulation. Accessed 2026-09-28.
  6. Resources. Florida Office of the Insurance Consumer Advocate; State page links to DFS agent search and OIR active company search. Accessed 2026-09-28.
  7. Get Insurance Help. Florida Department of Financial Services; Insurance concern and formal complaint intake; consumer helpline. Accessed 2026-09-28.
  8. Florida Statutes § 626.932: Surplus lines tax. Florida Legislature; 4.94% tax on gross premium; home-state taxation; statutory definition of premium. Accessed 2026-09-28.
  9. FSLSO Bulletin 2026-02. Florida Surplus Lines Service Office; Service-fee rate effective July 1, 2026: 0.03%. Accessed 2026-09-28.
  10. Licenses. At-Bay; Current producer introduction and state table; At-Bay Insurance Services LLC; P&C and surplus-lines identifiers. Accessed 2026-09-21.
  11. Licenses and Carriers. Coalition; Licenses and Carriers, re-read 22 September 2026: Insurance Licenses table for Coalition Insurance Solutions, Inc., national producer number 18419475, with producer and surplus-lines numbers for all 50 states and DC including California 0L76155, Georgia 196479, Texas 2199630 and 2205589, Pennsylvania 815731 and 817452, Colorado 539028 and Wisconsin 3000108852. Insurance Carriers table naming, with NAIC numbers, Allianz Underwriters Insurance Company 36420, Arch Specialty Insurance Company 21199, Ascot Specialty Insurance Company 45055, Ascot Insurance Company 23752, Aspen Specialty Insurance Company 10717, Chaucer Insurance Company DAC, Coalition Insurance Company 29530, Fireman's Fund Indemnity Corporation 11380, Fortegra Specialty Insurance Company 16823, Lloyd's of London, MSIG Specialty Insurance USA Inc. 34886, MS Transverse Specialty Insurance Company 41807, Steadfast Insurance Company 26387, Vantage Risk Specialty Insurance Company 16275 and Zurich American Insurance Company 16535. Accessed 2026-09-22.
  12. Insurance Producer Licenses. Corgi Insurance; Current complete Insurance Producer Licenses table for Corgi Insurance Services, Inc.; 50 rows covering 49 states and DC (DC 3003091619); no New Mexico row; no NPN or as-of date shown. Accessed 2026-09-28.
  13. About Hiscox US Insurance. Hiscox; Hiscox Insurance Company Inc. NAIC 10200 as Chicago, IL domiciled insurer admitted or licensed in all 50 states and D.C.; Hiscox Inc. as general agent and Lloyd’s coverholder for Syndicates 33 and 3624; surplus-lines placements through licensed surplus-lines brokers; A.M. Best rating statement. Accessed 2026-09-16.
  14. Licenses. ERGO NEXT Insurance; Current entity-by-state license table reopened 28 September 2026: 50 rows under Next First Insurance Agency, Inc., including Washington, DC; New York rows instead list Next Insurance Services PC-1423070 and AP Intego BR-1198885. Accessed 2026-09-28.
  15. Insurance Licenses by State. TechInsurance; Current state table; identifies TechInsurance as a division of Specialty Program Group LLC d/b/a SPG Insurance Solutions; lists DC 3000041536 and labels Rhode Island “Individual licenses,” without an agency license number. Accessed 2026-09-28.
  16. Licenses. Vouch; Effective 16 January 2025: Vouch Specialty Insurance Services, LLC, NPN 19926463; P&C table (50 states and DC); surplus-lines table includes Idaho 870820; footnote says Georgia and Idaho do not issue agency-level surplus-lines licenses; Idaho retained as producer-only due to conflict. Accessed 2026-09-15.

Updated .

This guide is informational and does not determine whether a policy is available or meets your needs. Editorial policy. To suggest a correction, contact Spot with a supporting source.

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