Commercial Property Insurance
No matter your business size, you almost certainly rely on physical assets for everyday tasks. Contact JSW Insurance in Dublin, California, to learn more about commercial property insurance coverage.
What Is Commercial Property Insurance?
Commercial property insurance is a business coverage that can provide financial protection from unexpected incidents (e.g., theft, vandalism or fire) that damage or destroy your business property. To understand the coverage you need, you should consider taking an inventory of your physical assets, including machinery and electronics, before meeting with an insurance agent.
What Does Commercial Property Insurance Cover?
Policies may vary among insurers. The following list contains examples of items that may be covered under a standard commercial property insurance policy:
- Permanent fixtures
- Business equipment
- Raw materials
- Fence and exterior signs
- Business inventory
- Important documents
- The property of others in your business’s care, custody or control
Types of Commercial Property Insurance
Insuring your building and business personal property is crucial to protecting your business from financial harm; however, additional coverage may be necessary to ensure well-rounded business coverage.
Ask your insurance agent if you could benefit from the following types of commercial property coverage:
- Business income coverage can help reimburse you for lost income if a covered property loss forces your business to halt operations temporarily. This coverage may include extra expense coverage that can help cover extra costs needed to keep your business running, such as relocation expenses to move a temporary site.
- Inland marine coverage can help pay for damage to your business products and materials while in transit or stored off-site by a third party.
- Builder’s risk coverage can help reimburse you for property damage during a construction or renovation project caused by a covered peril. It can cover buildings under construction and materials and supplies used for the project.
We’re here to help you find the best insurance policy. Contact JSW Insurance to learn more about our commercial property insurance solutions and to speak to an agent.