In business, we have to be ready for surprises – even when they aren’t the good kind. If your business owns property, we want to make sure that property has the protection you need in case something unexpected were to happen. For example, what would happen to your business if any of the following scenarios were to occur?
A fire breaks out in your building, destroying your inventory and some of your equipment
- A water pipe bursts and destroys some valuable documents or drawings
- A storm knocks down your outdoor sign
- Your building is inundated by a flood
Commercial Property insurance, also referred to as Commercial Building insurance, is one of the most important investments ensuring the future of your business. When something does happen, we want to get it resolved quickly and make sure we can minimize the impact to your business and your customers.
Commercial property insurance consists of two insurance coverage categories:
Property, which covers your business’s building and business personal property
- Business interruption, which covers extra expense and lost income resulting from damage to your property
Commercial property insurance protects your business, from a minor hiccup to a major financial loss. In addition to the basic Commercial Property coverages, additional types of coverage may be suitable for your business.
Recent catastrophic weather events have illustrated that properties not located in a high risk flood plain have sustained significant flood damage. To protect against this exposure, there are several options to transfer the risk of flood. The National Flood Insurance Program (NFIP) has been the primary option, but there are more private insurers now offering flood insurance as well.
Does your business have assets and inventory that are on the move? One way we can provide coverage for your mobile equipment, products in transit, or communications equipment is with an Inland Marine policy. Inland Marine coverage is very flexible, and can be tailored for your business needs.
Does your business property have the right protection? Give our professional agents at Danskin Agency the opportunity to review your business insurance needs. Whether you own your building, lease your workspace, or work at home, we will help you protect your business property and prepare you to overcome the unexpected.