Is your business prepared for the worst?
Fire, flooding, theft, or accidental damage are unfortunate incidents that could not only damage or destroy your property but could also devastate your business. Whether it’s buildings, commercial vehicles, or equipment, losing these physical assets would be a potentially critical setback for your business.
Replaces lost or damaged property.
A commercial property insurance policy protects against the cost of repairing and replacing lost or damaged property. Additionally, commercial property insurance covers associated losses–such as lost income if the damage causes business interruption.
Policies can cover additional, unexpected costs.
It’s worth exploring the options available to you with a business property insurance policy, as they cover risks you hadn’t considered. For example, some policies protect against the additional costs you face if rebuilding a damaged business facility means no longer being exempt from local building codes. Other points to check include whether a policy covers the cost of removing debris before reconstruction begins, as well as whether the business property is covered against weather event damage while being rebuilt.
Commercial property insurance is a great way to ensure that your assets, as well as your business income, are protected. Have questions? We’re happy to help!
