Search results
Results from the WOW.Com Content Network
Commercial property insurance is a standard part of every business insurance policy. It is designed to cover repair or replacement costs if your company-owned property is damaged or destroyed by a covered event.
Commercial property insurance protects your movable property and business location from risks like fire, theft, vandalism, and other incidents. Commercial property can include buildings, equipment, and inventory that your business rents or owns.
Get a quote for a variety of commercial insurance coverages including general liability, professional liability, workers’ compensation and more. Protect your small business with a customized Illinois business insurance policy through the Progressive Advantage® Business Program.
What Is Commercial Property Insurance? Commercial property policies represent an agreement between your business and an insurance company. It outlines the compensation you may receive if your business’s physical assets are stolen, destroyed or damaged due to a covered issue within your policy.
Your commercial property insurance helps you pay to repair or replace your valuable business assets. For the best rates, your policy should be customized so that it is reasonable in price while providing adequate coverage.
Property insurance: An essential safeguard for all property such as office furniture, equipment, appliances, and more in case of a fire, storms and other causes. General liability: Make sure your business is covered for claims of bodily injury, property damage, personal injury, and more with general liability insurance.
Commercial property insurance helps protect the owned or rented building, inventory, equipment and tools that you use to operate your business in Illinois. It can help cover claims of property damage due to fire, wind, theft or burglary.
One of the most common types of business insurance, commercial property insurance provides a wide range of coverage for buildings, inventory, equipment, tools and more. Losses from fire, break-in, vandalism, windstorm and other natural or manmade disasters are examples of what is typically covered.
Who Needs Commercial Property Insurance? If you own a business and that business has any type of property – a warehouse, an office building, a wholesale distribution center, a garage office – then you might want to consider commercial property insurance.
Commercial property insurance Protects you when your commercial property is damaged by someone else or by some type of unforeseen event. You need business property insurance if you own your building or have tangible business assets (furniture, computers, fixtures, inventory, materials, tools, etc.).