Commercial Property insurance can get easily overlooked. You might be a dentist, architect, contractor, or the owner of an income property. Whether you own your building, lease your workspace, or work from home, business property insurance protects your business’ physical assets against loss or damage for a wide range of possible perils including fire, theft, and water damage. These are almost always covered on a Broad Form policy.
Commercial Property insurance covers a wide variety of property, including all of the property at your place of business as well as the personal property of employees; customer property kept at the business site is also covered.
In addition, Commercial Property insurance can cover property fixtures such as lighting systems, outdoor signs, and even fencing and landscaping.
If you or your employees are on the road, coverage protects your tools and equipment while it is in a company vehicle.
Combine your commercial property insurance with other business property insurance coverages. Commercial Property insurance is important, but it doesn’t cover every risk your business may face. However, your business insurance package that is designed specifically for a business can ensure that all possible contingencies are covered.
Have any questions? Just ask Gateway.