Commercial Property Insurance
What is Commercial Property Insurance?
Commercial property coverage insures your place of business in the event of property damage, loss, fire, or vandalism. The term property is not only limited to an actual location, and also includes equipment, building, stalled business, and lost revenue. Commercial property insurance is broken into All-risks policies and Peril-specific policies. Peril-specific policies cover fire, flood, crime and anything that interrupts your business. On the other hand, All-risks polices cover a plethora of events and incidents. It is imperative that your place of business is protected from unfortunate circumstances.
Our various types of commercial property insurance policies include:
Building coverage protects your restaurant, store, office, manufacturing plant, or any other type of business location from damages. Building repairs or reconstruction are covered by this form of insurance.
Business Income Coverage
Business income coverage insures against any loss of income as a result of property damage. This is done with the goal of helping you reestablish your finances, in addition to covering your operating expenses.
Business Property Coverage
In the event that business property is loss, broken, or stolen, business property insurance can help replace your equipment. This includes inventory, computers, tools, car/trucks, and any other property pivotal to the operation of your business.