Flower shop owner

Commercial property insurance helps the customer recover most of their items when a disaster occurs. These disasters may be fire, windstorms, theft, or even vandalism. Many commercial insurance policies also includes Business Interruption Insurance. This policy will cover up to 12 months of lost income when you have to put your business on hold. So lets say for example your business caught on fire well then Business Interruption insurance can pay to keep your business running. 

What does Commercial property cover?

Buildings- the physical location is covered. If you own a space then they can select a policy to cover the business. 

Personal business property- This covers protection of furniture, inventory, supplies, and the equipment that is used for your business. 

Other coverage's are available for you

Open perils coverage- these policies provide coverage for any incident occurring unless it is something that is exempt from the policy. Typically things that are covered are fire, wind, smoke, theft and vandalism. 

Name perils coverage- This policy cover the incidents that are listed in the policy. You may want to purchase this type of insurance when you are in a risky area such as a place known for having a flood or earthquake. This policy is usually less expensive considering the fact it only covers specific events.

 

Posted 12:41 PM

Share |


No Comments


Post a Comment
Name
Required
E-Mail
Required (Not Displayed)
Comment
Required


All comments are moderated and stripped of HTML.
Submission Validation
Required
CAPTCHA
Change the CAPTCHA codeSpeak the CAPTCHA code
 
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013


View Mobile Version
Carrier
Carrier
Carrier
Carrier
Carrier
Carrier
Carrier
Carrier