Commercial Property insurance provides protection against the loss of real property owned, leased, or hired by the business. When purchasing property insurance, it is very important to understand the coinsurance clause within the policy and how it impacts the payout at the time of claim. When a property is underinsured, this clause limits the Insurance carriers risk on partial losses to Building and Business Property. Commercial property policies can be used to provide physical damage coverage to Buildings, Business Personal Property (BPP) and Betterments and Improvements (Alterations made to a leased space). Inland Marine can be added to a Commercial Property policy to protect a businesses Equipment, Machinery, and Products that leave the businesses premises.
Some of the types of businesses whose property we protect include
- Business that own their own building
- Lessors Risk (Owners of Leased Buildings)
- Furniture Stores
- Electronics Stores
- Appliance stores
- Retail Stores
- Warehouse operations
- Dry Cleaners
- Medical Offices
- Professional Offices
- Auto Repair facilities
Are you an established business or new business in Michigan, Ohio, or Florida, looking for competitive pricing without sacrificing coverage? Contact us today to schedule one of our licensed agent to assist your business in shopping the market.