[pods name=”amplispot_custom_setting_page” id=”43″ field=”name_of_the_company”] helps you choose from a variety of personal insurance and business insurance solutions.
Commercial Property Insurance provided by [pods name="amplispot_custom_setting_page" id="43" field="name_of_the_company"] .
Commercial property insurance is something every company needs – whether you own your own building, lease or work from home. One of the core coverages in commercial property insurance protects your building and its contents, as well as exterior fixtures, such as a fence or outdoor sign.
What is Commercial Property Insurance ?
Commercial property insurance protects your company’s physical assets from fire, explosions, burst pipes, storms, theft and vandalism. Earthquakes and floods typically aren’t covered by commercial property insurance, unless those perils are added to the policy.
What is usually covered by Commercial Property Insurance?
Commercial property insurance covers your building, everything in it and just outside of it, including:
- Computers
- Furniture and equipment
- Exterior signs
- Fence and landscaping
- Important documents
- Inventory
- Others’ property
What is not covered by Commercial Property Insurance?
Be aware that your commercial property insurance policy doesn’t cover every type of property damage. This coverage won’t help if:
- Your customer drops their laptop when they trip over a box in your office
- One of your employees puts a hole in your client’s wall
- You get into an accident while making a delivery to a customer and damage your vehicle
- A nearby brook overflows after a heavy rainfall causes flooding near your building and damages your inventory
- You or your employees intentionally damage property
You can get other types of commercial insurance to give your company more protection for claims like these.
What is the Importance of Commercial Property Insurance?
No matter what size your business is or the nature of the business, accidents and losses happen. A Business faces losses because of fires, thefts, storm damage, flooding, traumatic events, and even power outages.
Because we can’t predict when or if these things will ever happen on our property, it is important to always have the right protection with a complete Commercial Property Insurance. Talk to us to know more !