What is evidence of commercial property insurance? Evidence of commercial property insurance also referred to as proof of insurance or a certificate of insurance (COI). Some businesses will need to have evidence of commercial property insurance to prove the building their company is in is protected. You can obtain a certificate of commercial property insurance online or by calling one of our wonderful agents.
What Is the Standard Deductible in a Commercial Property Insurance Policy?
Your commercial property insurance deductible amount is customizable. Always keep in mind the higher your deductible is, the lower your rate will be and the lower your deductible is the higher your commercial property insurance rate will be.
Your deductible can be anywhere in-between a couple hundred dollars to a few thousand. You will be able to choose the deductible that fits your lifestyle and business plan best when you get your policy.
Always check your commercial property insurance policy if you are unaware of what your deductible is.
Do I Need Commercial Property Insurance?
Commercial property insurance is not a state or legal requirement. Although, if you have a mortgage tied to the property more than likely the lender will want you to be covered. If you’re not covered you will be responsible for paying out-of-pocket for any expenses if the building is damaged or you get in legal trouble due to someone hurting themselves on your property. These costs can be very expensive. Sometimes so expensive that it requires the business to shut their doors.
Commercial Property Insurance for Your Business
When it comes to creating a plan to safeguard your small business creating a comprehensive plan is important. At Eugene C Yates Insurance Agency we will help you figure out what may be best for your company. We tailor suit our policies to meet the individual needs of each client. You may need to combine several different types of insurance policies to the adequate coverage your company needs.
If you would like to get a commercial property insurance quote today, please reach out to us at 916 313 6100.
Making a Commercial Property Insurance Claim
If your business is damaged or someone gets hurt on your property most commercial property insurance companies will only require that you first call to initiate your claim. Most specialists are trained to help with various disasters such as;
- Blizzards
- Hurricanes
- Severe hailstorms
Commercial Property Insurance Quote
The best way to make sure you get the most value for your money on commercial property insurance is to speak with a local agent like the ones at Eugene C Yates Insurance Agency. Our agents have access to all of the top commercial property insurance providers and firsthand knowledge of the best commercial property insurance discounts available. This makes it very easy for them to get you the best rate on the best coverage available for your situation.
If you would like a custom commercial property insurance quote, please reach out to us today at 916 313 6100