Commercial Property Policy with the Woj Broker
Overview
A Commercial Property Policy is designed to protect your business’s physical assets from a variety of risks. Whether you own or lease your business premises, this policy provides comprehensive coverage for your buildings, equipment, inventory, and more, ensuring your operations can continue smoothly after a loss.
Key Features
Building Coverage
o Protects your physical structure against risks such as fire, windstorm, vandalism, and other covered perils.
o Coverage can extend to improvements and betterments made to a leased space
Business Personal Property Coverage
o Covers the contents of your business, including furniture, equipment, inventory, and tools
o Ensures protection against loss or damage due to theft, fire, or natural disasters
Equipment Breakdown Coverage
o Offers protection for the repair or replacement of equipment that may fail due to mechanical breakdowns or electrical failures
o Helps mitigate loss of income during repair periods
business interruption insurance
o o Provides financial support if your business operations are halted due to a covered loss, covering lost income and ongoing expenses
o Essential for maintaining cash flow during unexpected disruptions
Optional Coverages
o Depending on your business needs, additional coverages may include:
- Flood or earthquake coverage
- Cyber liability insurance
- Accounts receivable coverage
Benefits
Comprehensive Protection
Comprehensive Protection
Comprehensive Protection
Safeguards your business assets against a wide range of risks, ensuring you’re prepared for the unexpected
Financial Security
Comprehensive Protection
Comprehensive Protection
Minimizes the financial impact of property loss or damage, allowing you to recover quickly
Flexible Solutions
Comprehensive Protection
Flexible Solutions
Tailor your policy to fit the specific needs of your business, whether you operate in retail, manufacturing, or services