COMMERCIAL PROPERTY INSURANCE
Commercial Property Insurance is one of the most important investments ensuring the future of your business. This coverage protects you from some of the risk that the property your company owns could be lost, stolen or damaged. Commercial Property Insurance consists of several key coverages that are important to protect your small business:
COMMERCIAL BUILDING INSURANCE
Commercial Building Insurance covers everything related to the loss and damage of company property due to a wide-variety of events such as fire, smoke, wind and hail storms, civil disobedience and vandalism.
BUSINESS INCOME & EXTRA EXPENSE
If a major fire destroys your property, you need assurance that you can continue to operate and replace lost income while the office and its contents are being rebuilt and replaced. Business income insurance not only replaces lost business income, but it can also cover the necessary operating and payroll expenses needed to keep a business operating after a loss.
PERSONAL PROPERTY COVERAGE
If you don’t own the building where you do business, you’ll only need to cover the building’s contents. The basic commercial property insurance policy protects your investment in fixtures, furniture, office equipment, inventory and the supplies that you store either at your business location or off-site.
If any of your covered employees commits a dishonest or fraudulent act which results in financial loss to your business, the insurance company will reimburse you for the loss.
This coverage pays to repair or replace your equipment in case of breakdowns caused by losses that are typically excluded from most business insurance policies –like power surges, mechanical malfunctions, and boiler explosions. Among the many different types of equipment protected by this feature are computers, scanning equipment, phone systems, air conditioners, refrigeration systems, and many others.
We specialize in Small and Medium-size Business & Commercial Property Insurance for more than 15 years. We understand the specific requirements and the needs of today’s business owners and well acquainted with the hazards of being underinsured or the dangers of being not insured. Feel free to call us and ask any questions you may have regarding insuring your business.