Commercial Property Insurance Quote Bristol CT
Imagine: more coverage for your property at less cost.
You’ve protected your home against physical damage. Why wouldn’t you do the same for your business? Commercial property insurance can help you defend your property against damage from storms, fire, theft, vandalism, falling objects, employee damage, and more!
Your commercial property coverage doesn’t just protect your walls and your roof; it can also cover your building’s contents. Think about the value of computers, communication systems, security systems, inventory, and equipment! Could your business comfortably replace those important tools after a disaster? With the right commercial property insurance, you don’t need to answer that question.
Here are a few different types of commercial property coverage we can put in place to best protect you:
All-Perils – Broader than named peril coverage (which only covers in the event of risks specifically named in your policy), this may be the best option to consider. After all, freak accidents and events can happen, and it’s best to be prepared.
Replacement Cost – This portion of your policy will pay to replace your building. This is different from “market value” coverage, which only pays the current value of the property and is usually not enough to rebuild.
Business Interruption – This coverage compensates you if damages occur that make it impossible to operate your business. It can help you cover expenses that don’t stop just because your operations do, like payroll and vendor bills.
Renters Insurance – If you rent your building, you still need to protect your contents. Plus, this type of policy can also include liability insurance.
Umbrella Liability Protection – This is a much wider range of coverage than standard liability. It often is taken out for a million dollars’ worth of coverage or more. It may also cover things like slander, libel, and copyright issues.
Data Loss – If you were to suffer a loss of your important data, this coverage will reimburse you. That loss could be from physical damage, computer viruses, system crashes, or theft.
Loss of Rents – If you rent buildings to businesses and damages were to occur, you could be without rent payments for some time. This coverage will reimburse you up to your policy limits.
Clearly, there’s a lot to consider when it comes to your commercial property insurance. We’re here to help! Put the experts at C.V. Mason Insurance Agency behind your business. We’ve been serving the local community since 1883 and are here for you to use our experience and expertise to safeguard your business.