COMMERCIAL PROPERTY INSURANCE

 This is one of the most common types of business insurance, commercial property insurance that provides a wide range of coverage for buildings, inventory, equipment, tools and more. Losses in the event of break-in, damaged or destroyed in a fire or vandalism, windstorm and other natural or man-made disasters are examples of what is typically covered. 

A basic commercial property insurance policy may be all you need!

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 assets would be a potentially critical setback for your business. Most commercial property policies exclude flood as a covered cause of loss. A separate policy must be purchased to help protect you from resulting damage. Check your current property insurance policy to be sure you are covered. If you’re unsure, we’ll help you with solution on coverage needed.

REPLACES LOST OR DAMAGED PROPERTY

Do you own a commercial building? If so, do you have enough commercial property insurance to cover replacement costs? We recommend that you secure an appraisal from a third party to accurately determine the current replacement cost of your building. A commercial property insurance policy can protect against the cost of replacing lost or damaged property. 

BUSINESS INCOME (BUSINESS INTERRUPTION COVERAGE)

Commercial property insurance can cover any associated losses, such as lost income that are caused because part or all of your business is temporarily knocked out of action. This coverage can reimburse a business owner for lost revenue and pay for fixed/extra expenses during the time that a business is closed. It applies while the premises are being restored because of damage from a covered event, such as a fire. Business income insurance may also cover financial losses that occur if civil authorities limit customer access to your neighborhood or business after a disaster. 

As an independent agent, L&R Eline Insurance Group can help you determine the type of insurance policy and range of coverage that match your needs. Commercial property insurance is a great way to ensure that your business location and assets, as well as your income, are protected. 

Have questions? We’re happy to help!

 Takes a minute to get started:

• Fill out the form, we’ll be in touch.
• Review options with an agent.
• Get the coverage you need.