Commercial Property Insurance
Commercial property insurance is one of the most essential types of business insurance. It covers buildings, inventory, equipment, tools, and more. This insurance typically protects against losses caused by both natural and man-made disasters such as:
- Fire
- Break-ins
- Vandalism
- Wind damage
Different insurance companies offer various types of coverage, so choosing the right policy for your business is crucial. As an independent insurance agent, we can help you find the best policy that suits your business needs.
If you want to learn more about business property insurance or explore a complete list of coverage options, get in touch with us today.
About Commercial Property Insurance
Insuring Buildings
If you own a commercial building, it is essential to ensure you have enough coverage to cover replacement costs. While cost estimators exist, the best way to determine the replacement cost is through a third-party appraisal. Call us today, and we’ll help you determine if you have adequate commercial property insurance.
Flood Insurance
Most commercial property insurance policies do not cover flood damage. To protect yourself from financial loss, you may need a separate flood insurance policy. We recommend reviewing your current coverage to ensure you're fully protected. If you need guidance, reach out to us, and we’ll assist in finding the right solution.
Business Personal Property Coverage
Business personal property insurance covers assets at a specific location. Most commercial property policies provide limited coverage for property taken off-site. If you frequently move equipment, an inland marine policy may be a better option.
Business Income (Business Interruption Coverage)
Business income insurance reimburses business owners for lost profits and fixed expenses when an event like a fire forces the business to shut down. This coverage applies while the premises are being restored and may also cover losses due to restricted customer access after a disaster. We highly recommend this coverage for all businesses.
Electronic Data Processing (EDP) Insurance
Most commercial property policies offer limited protection for computer systems and networks. Electronic Data Processing (EDP) insurance provides extended coverage for losses caused by:
- Power surges
- Cyberattacks
- Virus infections
If your business relies on computer systems, EDP insurance can provide additional peace of mind.
How to Get Started with Commercial Property Insurance Quotes
We understand the unique needs of each business. The right coverage for you is unique – call us today to explore your options and protect your business and future with the right insurance plan.
