Your business’s property is an integral part of your operations. Whether it’s your building, your tools or your equipment, your company’s assets are vital to the professional services you provide. Commercial property insurance can help protect these items and provide a safeguard against financial loss.  

The agents at Advance Insurance of Northwest Florida can help you find the right commercial property coverage for your needs. Contact us today for more information. 

What Does Commercial Property Insurance Cover? 
Commercial property insurance may assist in paying repair or replacement costs if a cause of loss damages business property. Securing this coverage may help ensure your operations continue running even after property loss.  

Commercial property insurance may cover various business assets, including: 

Policies and their coverages vary, and more specialized forms of commercial property protections may be available by adding additional policies or endorsements.  

When Will Commercial Property Insurance Provide Coverage? 
Basic commercial property insurance may provide coverage for a variety of events, including: 

Extended protection for other perils such as falling objects, snow and ice weight, water leakage, and structure collapses may be available if your business has additional risks. Contact your agent for details regarding available options, limits and exclusions.  

How Much Does Commercial Property Insurance Cost? 
Various factors affect the cost of commercial property insurance, including your industry, your location and its property value and your selected coverage limits. Your deductibles and claims history may also influence premiums. 

What Types of Properties Are Covered by Commercial Property Insurance?

Commercial property insurance typically covers buildings owned or leased by a business, including offices, warehouses and retail spaces. It also typically covers physical assets inside the property, such as furniture, computers and signage. Coverage may extend to outdoor fixtures such as fences and landscaping, depending on the policy.

Does Commercial Property Insurance Cover Equipment and Inventory?

Commercial property insurance generally covers business equipment and inventory against risks such as fire, theft and certain natural disasters. This includes machinery, tools and stock stored on the premises. However, coverage limits and exclusions can vary, so businesses should review their policies carefully.

Contact Us Today 
The professionals at Advance Insurance of Northwest Florida can work with your business to help find the right commercial property insurance for your needs and budget. Call us at 850-469-0880 or visit our website for additional information or a quote. 

 

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