Commercial Property Insurance
Commercial Property Insurance Information
Business Property Insurance in Houston, TX
Protecting your physical assets is essential for maintaining stability and continuity for your business. Whether you operate a small storefront, a manufacturing facility or a home-based business, unforeseen events can disrupt your operations and financial well-being. Business property insurance, also known as commercial property insurance, offers a financial safety net against such risks.
What Is Business Property Insurance?
Commercial property insurance is a contract between your business and an insurance company. It specifies how you’re compensated if your business’s physical assets are stolen, destroyed or damaged due to a problem covered by your policy.
What Does Business Property Insurance Cover?
Business property insurance can offer coverage for the following:
Specific coverage and limits can vary based on your policy, so reviewing the details with your insurance provider is essential.
What Types of Accidents Does Business Property Insurance Cover?
The following are some common types of accidents and events that business property insurance typically covers:
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Fire—If a fire breaks out in your business premises, commercial property insurance can help cover the costs of repairing or replacing damaged property.
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Lightning—If lightning damages your equipment, inventory or building, your policy may offer financial assistance.
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Wind—Severe windstorms can cause significant damage to buildings, roofs and outdoor structures. Commercial property insurance may help cover the cost of wind-related losses.
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Hail—Hailstorms can dent roofs, break windows and damage outdoor signs. A policy may help cover repair or replacement costs.
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Theft—If business assets are stolen, commercial property insurance can help compensate you for their value.
How to Get Business Property Insurance
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