Commercial property insurance is for any businesses with physical assets including buildings, property and  other types of physical objects owned and used by your business.

Do I Need Commercial Property Insurance?

You need if:

  • You own or operate a business
  • Your business has any physical assets
  • Your physical property is essential to your company’s revenue
  • Your physical assets do not draw revenue but have other important uses

Table 1: Example types of claims.

Type of claim Description
Natural Disasters Coverage for natural disaster events (define natural disaster) that result in a loss.
Equipment breakdown Coverage for property that is damaged as the result of equipment failures.
Revenue Loss Coverage for lost revenue as a result of property damage or loss.
Construction Costs Coverage for the cost of new construction after property loss.

Wanna Know More? Stay Tuned. The Video & Slides is out soon !!