How much does Restaurant insurance cost in Miami, Florida?

The estimated annual cost for a Restaurant in Miami with one employee is between $2031 and $2986. The state base rate is $1150.

What insurance is required for a Restaurant in Florida?

In Florida, businesses are subject to a 6.0% insurance tax. Restaurants typically need General Liability due to a risk factor of 1.4.

Adjust based on your team size

Number of Employees1

Just me (1)Team (20)

$2031-$2986

Estimated Annual Premium

Monthly Average Breakdown

$199 / mo

Includes General Liability

Restaurants need coverage for customer slip-and-falls, foodborne illnesses, and liquor liability if alcohol is served.

Risk Factor1.4x

While Florida law may not mandate it for all businesses, Restaurants often need proof of insurance to bid on local commercial projects in Miami.

Your premium reflects Florida's specific base rate of $1150 and a local city multiplier of 1.4x.