Commercial Property Insurance
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Commercial Property Insurance

Commercial Property Insurance protects real estate and business property/equipment from pre-defined risks, such as fire, theft, terrorism or natural disaster. It is not unheard-of for an uninsured business to go under because of the loss of a key machine or having to permanently shut their doors when their building was devastated by a tornado. With Commercial Property Insurance, equipment, property and merchandise can be covered from risk.

Key Points of Commercial Property Insurance:

  • Policies are designed to cover the replacement cost of items, often resulting in new products/buildings in exchange for older, damaged ones
  • Essential for retailers, manufacturers, restaurants, tech service providers and automotive groups
  • Businesses can often deduct the cost of Commercial Property Insurance premiums as expenses, helping offset the costs