COMMERCIAL PROPERTY INSURANCE
Consider this: if a fire erupts in the building of your business and you lose your entire inventory, will your general liability be enough? If someone breaks into your business and steals expensive equipment, are you positive general liability will be enough?
need Commercial Property coverage?
If you intend to open your business to the general public, general liability coverage is just the tip of the iceberg in terms of the coverage you will need. For a more comprehensive approach to coverage, we encourage you to consider a commercial property policy. We are known for our affordable insurance quotes in Sacramento & Lodi, CA, so we urge you to check out our business insurance as well.
SACRAMENTO COMMERCIAL PROPERTY INSURANCE
Commercial property insurance can be tailored to meet specific risk concerns, allowing you to opt for more coverage for some exposures, and less for others. As a business, we understand your complex needs and the importance of comprehensive insurance. Cost of commercial property insurance is always low when you deal with us!
Examples of commercial property that require insurance
There are pretty wide specifications that go into considering something a commercial property as far as its insurance is concerned. Some of the most popular things that would require commercial insurance for a business are:
- Your office is considered commercial property, so it has insurance in place to protect it. This also includes the equipment within it (such as computers and furniture).
- If the commercial property has any kind of inventory (such as a warehouse), the inventory is also covered with commercial property insurance. It’s important to always have clarification on what the inventory is, of course, and that it is all on record.
- If your commercial property has a satellite dish or sign, this is also included with commercial property since it’s, you know, part of the commercial property itself, technically.
- Company documents (that are housed on the commercial property in question) are also covered with commercial property insurance, in the event of water damage or theft, etc.
While it would nice for everything to be bundled up with one base policy that is simply applied to everything that requires insurance, the reality is that you do need to have a unique policy in place when it comes to commercial property insurance. Unique from auto or home insurance, commercial proper insurance coverage focuses on different features and, of course, different amounts in terms of liability. Let’s take a look at commercial property insurance and how it is something that you are going to have to know about when you’ve got any kind of commercial property. We have a list of the top commercial property insurance carriers. We will review what you need for coverage and place you with the correct fit.
Points to consider with commercial property insurance
When you are taking a look at commercial property insurance companies, it’s important to make sure that the provider is going to be able to offer the coverage that meets all of those specifications. In whether there is anything additional insured on a commercial property policy, it will depend on the provider that you choose and how you determine the additional pieces. That’s why finding the right provider for your specific needs is going to be so important. We can help you find commercial property insurance near me.
What is commercial property insurance?
When you are looking for commercial property insurance coverage, the approval and the insurance policy that you are going to have offered to you (as well as its perks) is going to depend on a few key details. Some of those key details include:
- If your commercial property is stuck in the middle of the woods and it is hard to get to, it will cost more than the location that is more central. If a commercial property is made to be sturdy with good quality materials, it will also be less than the one that is made of inferior quality materials.
- The amount of people that are occupying the commercial property is also going to determine the price of the policy itself. The more people that you have, the more it is going to cost, of course. This is something to consider when looking at the amount of people who have to be on site.
- Your commercial property should be relatively easy to protect from both fire and theft. This includes access to police, fire trucks, and, of course, the location in relation to a fire hydrant.
Commercial Property Insurance Guide
As with other insurance policies, you can have your selection of coverage option to consider even when it is to something as seemingly specific as commercial property insurance. Commercial property insurance rates can vary and are dependent on many factors. Some of the most popular insurance options are:
Business income coverage
There are different types of commercial property insurance. You can get coverage for business income that is lost as a direct result for an issue that you are insured for (such as a fire or flooding). This is great when you don’t have a big ratio between income and expenses and want to makes sure that you don’t lose your business in the time that it takes to get it back up and running again.
All-risks coverage
If you want a blanket coverage, you can consider something like all-risks coverage. It covers basically anything other than the exclusions that are specifically mentioned in the policy itself. These exceptions will differ depending on the broker that you trust to insure you, so make sure you confirm what is excluded and even what is included (if there is a list available).
Direct damage coverage
If you have something on your commercial property that is really precious and expensive to replace, you can offer it specific protection and coverage with direct damage coverage. This add-on is going to protect that one specific thing in particular (for example: a high end back-up generator) if something happens to it as direct result of a problem in which your commercial property is insured for.
Sacramento commercial property
Business property insurance is something that all companies large and small need. Protecting your investment should be a top priority. You also want peace of mind in knowing you’re protected by a reputable company when it comes to your commercial property insurance policy.
When you’re looking to insure your commercial property in Sacramento California, you want to know you’re dealing with the best. Our agents specialize in finding our clients only the best commercial property insurance in Sacramento.
Call us today, we can get you a fast free quote on your commercial property in minutes. We have access to some of the biggest commercial property insurance companies in the industry. Putting you in the best situation so that your business can flourish is our main goal.
Commercial property insurance definition
Commercial property insurance is designed to protect your company and its physical assets from fire, explosions, exploding pipes, storms, theft & vandalism. Natural disasters like earthquakes and floods typically are not covered in standard commercial property insurance policies. Although, you can add those perils to the policy.
How much does commercial property insurance cost?
How much you have to pay for commercial property insurance in large depends on the value of all of your business. This includes business assets and the building it is in. A few other factors that determine your commercial property insurance premium are based on risk. We went ahead and listed a few of those risks for you below:
- Location of the property. Is the area its located in prone to natural disasters?
- Quality / type of construction. Is the building you’re insuring constructed with fireproof building materials? Is the electrical wiring, plumbing and HVAC new or upgraded?
- Occupancy of the location. What type of industry are you in? An insurance office will carry less risk than a rodeo training facility.
- Fire and theft protection. How many fire hydrants are there? How far is the local fire station? Does the business have an alarm or sprinkler system set up? What about a security system?
What does Commercial property insurance Sacramento cover?
Commercial property insurance covers the building of the business and everything in it. As well as somethings just outside of it. Below we listed a few examples of what does commercial property insurance cover:
:
- Computers / Printers
- Furniture and equipment
- Exterior signs
- Fences and landscaping
- Important documents
- Inventory
Commercial Property Insurance Quote
While it might be a bit of a stretch to consider shopping for commercial property insurance fun, it certainly does have a quite a few customizable details that you can keep in mind in order to keep yourself in full control of what you are getting and the coverage that if is going to offer. When you want a commercial property insurance guide that is going to tell it to you like it is, it’s nice to know all of those small details that will go into determining what the right policy and add-ons are right for you.
Commercial property insurance for landlords. How much is commercial property insurance? Commercial property insurance California can vary from industry to industry and zip code to zip code. It’s always best to shop around with a leader in Sacramento California, Eugene C Yates Insurance Agency.
Commercial property insurance may be a pain, but it is worth the time and effort to make sure that you are getting the right policy for your needs so that you are properly protected — in your business, that is — should you ever have a need for it.