Small business property insurance is one of the most important investments ensuring the future of your business. Here are some of the important aspects of your business that commercial property insurance helps protect:

• Your building

• Your outdoor sign

• Your furniture and equipment

• Your inventory

• Your fence and landscaping

• Other’s property

 

The professionals at our firm understand your business is unique. That’s why we take the time to help craft a commercial building insurance policy to fit your unique needs, offering a wide range of options that give you both flexibility and protection, at a price your business can afford.

 

Common types of coverage may also include:

• Completed value coverage to protect buildings in the process of construction that pays for the full value of the finished building in case it is destroyed.

• Updated building codes can add expense when repairing or replacing damaged or destroyed property—you’ll be covered.

• Loss of business income in case damage or destruction of business property results in billing problems or extended work stoppage (typically covers payroll,rental income and other expenses.)

• Equipment breakdown coverage for damage caused by electrical and mechanical equipment through explosions, breakdowns and electrical arcing.

• Flood insurance to cover losses to buildings and contents due to flooding, typically backed by the government supported National Flood Insurance Program.
  Earthquake or volcanic eruption, while rare, are covered by deductible based upon on a predetermined percentage of property value.

• Utility services failure or damage caused by power outage, water main break or natural gas transmission interruption.

• Inflation allowance adjusting property valuations to allow for increased construction costs due to inflation (usually set percentage based on the inflation index in the area.)