Property Insurance built for you
We offer commercial property insurance with wind coverage in Florida.
- Our policies can provide Total Insured Value (TIV) coverage for up to $25M on your buildings and personal property.
- All industries accepted even the hard-to-write- tire industry. This means we can provide even more competitive pricing if you are in a less hazardous industry.
- Coastal property is eligible for our program. Avoid paying for an X-wind policy operating in Florida and take advantage of our great wind coverage programs.
- “A” Rated Insurance coverage through nationally recognized carriers ensures fast claims service, excellent customer service, and competitive pricing.
What is Commercial Property Insurance?
Commercial property insurance safeguards the essential physical assets necessary for your business operations, including inventory, business equipment, furniture, and physical structures. Small business commercial property insurance offers financial security in case of unforeseen incidents impacting your business property. For instance, if you lease a studio for your photography business and a fire ravages the premises, the policy would cover lost income during business downtime and expenses related to relocating and establishing operations in a new studio.
What does Commercial Property Insurance cover?
Commercial Property Insurance covers a wide range of things, which is why it is one of the most frequently purchased types of insurance for small business owners.
4 main areas that are covered include:
Goods, equipment, and inventory: This coverage is for your business property items, such as furniture, equipment, and inventory.
Buildings: If you are the building owner, property insurance can assist in covering the costs of repairing the structure itself.
Business income interruptions: This coverage provides help with loss of business income and associated expenses should you need to temporarily shut down operations. Reasons for temporarily shutting down could include fire, water damage, or any other event covered by your policy.
Equipment breakdowns: This coverage adds another layer of protection in the instance that your company equipment is damaged by a power surge or mechanical failure.
How much does Commercial Property Insurance cost?
The cost of commercial property insurance varries. Some of the factors that affect your business property insurance cost include:
- The type of industry you are in / the type of work you do
- How many employees you have
- The state your company operates in
- Previous claims history
- Policy limits
- Your work experience in your specified industry
What Does Commercial Property Insurance Cover?
While specific coverage options vary depending on your policy, commercial property insurance typically covers:
Building damage:
This covers repairs or replacements due to fire, theft, vandalism, wind, hail, and other covered perils.
Contents damage:
Protects your business equipment, inventory, furniture, and other business-related items from covered losses.
Business interruption:
Reimburses you for lost income if your business is unable to operate due to a covered event, such as a fire or natural disaster.
Additional coverages:
Depending on your needs and industry, you can add options like flood insurance, earthquake insurance, or equipment breakdown coverage.
We're the Commercial Property Insurance Pros!
Owning or leasing a business property is a significant investment, and protecting it is crucial to your company's financial stability. This is where commercial property insurance comes in, acting as a safety net against unforeseen events that could damage your property and disrupt your operations.
Investing in commercial property insurance is a wise decision for any business owner. It provides financial security, and peace of mind, and helps ensure your company can weather unexpected storms. By choosing the right coverage and understanding your policy details, you can protect your business foundation and pave the way for its continued success.
Here's What You Can Expect
- We will keep your company in compliance
- Financial protection: Avoid financial hardship caused by repairs, replacements, and lost income resulting from covered events.
- Your property is safe, and your operations run smoothly
- Peace of mind
- Compliance: Some states or industries require specific types of commercial property insurance.
- Business continuity
- Reduced risk to your business
