Seven Things to Consider Before Buying Commercial Property Insurance:

Property Risks: Assess location-specific risks like hurricanes, hail, or wildfires, and building-specific vulnerabilities like the roof's age or the presence of a sprinkler system.

Insurance Value: Insurance covers rebuilding costs, not market value. Include coverage for maximum inventory levels.

Quality vs. Cheap Insurance: Cheaper policies may have gaps and exclusions. Consider combining commercial general liability and property insurance in a Commercial Package Policy (CPP) for better coverage.

Earthquake and Flood Coverage: Standard policies exclude these perils. Assess the risk and consider additional coverage if necessary.

Lender Requirements: Understand and meet your lender's specific insurance requirements.

Usage Preferences: Decide if you prefer a small deductible for filing smaller claims or a larger deductible for catastrophic coverage.

Deductible Range: Choose a deductible that fits your finances and ensure you can pay it in the event of a claim. Get a Quote: Commercial property insurance is a crucial investment for protecting your business from natural and manmade problems. Our experienced team can help you select the right policy. Contact us for assistance