Commercial property insurance policies need to provide sufficient coverage for:

  • The Building
  • All On-Site Vehicles
  • Mobile equipment
  • All On-Site Tools & Equipment
  • Inventory Stored On Or Within The Property
  • Furniture
  • Personal Property

Best Coverage For Any Business.

Commercial property insurance is an absolutely critical component for protecting the major investment in your commercial property. These policies need to protect both the owner of the commercial property as well as a tenant who rents space on the property.

Commercial building insurance also helps to protect important business assets, like income, because it includes business interruption coverage. If you can’t open a business outlet or operate the building because of covered property damage, this coverage can help replace the lost income.

Benefits Of A Consultant

Ways To Reduce Your Commercial Property’s Risk Exposure

The old saying that it’s hard to see the forest through the trees also applies when it comes to reducing a commercial property’s risk exposure. When you have an expert consultant like Healy Brokerage on your side, you get the benefit of key insights on doing things like:

  • Creating a safer work environment
  • Methods to help reduce loss
  • Strategies to improve operations

Frequently Asked Questions

Who Needs Commercial Property Insurance?

Commercial property insurance isn’t just for a commercial property owner and building managers. It can be beneficial for tenants who rent or lease a commercial property of any kind.

In some states, it might not be required by law, but it is still a good idea. In other states, certain types of coverage are required for specific types of properties and businesses. Understanding your coverage requirements and needs takes an experienced eye, which is what you get with Healy Brokerage on your side.

What Is Evidence of Commercial Property Insurance?

Some states and municipalities require commercial property insurance by law. This means being able to provide “Evidence of Commercial Property Insurance” in the form of a COI certificate. Keeping this certificate on hand or making sure it is available to your property manager will go a long way toward proving compliance should your building be inspected.