Don’t rely simply on your business owner policy (BOP) to protect your business assets. BOPS typically offer insurance coverage that applies only to the company building itself and not everything on the property. Under a BOP, the physical structure of your business is protected from things such as weather-related damage. But the BOP will not protect the desktops, other furniture, fixtures, and equipment within your shop, nor will it provide you with cash to replace a damaged sign outside.
This is where commercial property insurance comes in – it includes the additional property of your small business that is not protected by your BOP.
Your commercial property insurance policy may need to encompass any or all of the following: buildings, machinery, computer systems, office equipment, and real estate property. In addition, your location and physical setting may require additional commercial insurance options. For example, if you’re located in an area that’s vulnerable to natural disasters such as floods, fires, or windstorms, you’ll want to take that into consideration when building a commercial insurance policy for your business.
Commercial Property Insurance includes protection for:
- The structure (building) of your enterprise
- Lost inventory
- Landscape designs
- Outside signs
- Other companies’ possessions (e.g., rented equipment)
- And more
Keystone Insurers Group is a company, so we identify with your complex requirements and the significance of affordable, comprehensive insurance protection. We understand that each business is unique, therefore we tailor commercial property insurance to effectively cover the items that matter most to your business. For example, if your business houses inventory, your BOP might not cover the loss of that inventory in the event of a fire. Alternatively, if your operation requires highly technical and expensive equipment, your BOP is unlikely to include adequate insurance protection to replace that equipment in full. We will help you make sure your most important assets are sufficiently covered so that you can sleep at night!
Contact Keystone Insurers Group for more information on commercial property insurance and for a free quote. Call us today - 814-629-5607.