Commercial building insurance is a type of insurance coverage that protects your commercial property from damage or loss. This coverage includes damage from natural disasters, theft, vandalism, and other covered events.
Commercial building insurance is designed for commercial property owners, including businesses, landlords, and property management companies. Any owner of a commercial building or property should consider obtaining this insurance to protect their investment.
Commercial property is a significant investment, and damage or loss can be devastating. Without commercial building insurance, you could be responsible for the full cost of repairs or replacement. Obtaining this insurance can provide peace of mind and financial protection in case of a loss.
Commercial building insurance typically covers the following:Damage from natural disasters, including earthquakes, hurricanes, and floodsDamage from fire or smokeDamage from vandalism or theftDamage from burst pipes or water leaksDamage from explosionsLoss of income due to property damage
While commercial building insurance covers a range of events, there are some exclusions to this coverage. These exclusions may include:Damage from acts of war or terrorismDamage from nuclear accidentsDamage from wear and tear or poor maintenanceDamage from intentional acts or criminal activity
We’ve made it easier than ever before to complete the purchase and get coverage. How easy? In just simple clicks you can have your policy!
We know the cost of insurance is a big factor for many, and that's why we keep our rates low and affordable for all. We work harder to earn your business.
At Kovr, our specialists are not only committed to give you the best experience digitally, but we are also available 24/7 to help with any concerns!
Getting a policy that does not properly protect you can cause a significant financial loss, it is our job to make sure we serve you the right product based on your need.
The cost of commercial building insurance varies depending on several factors, including the size of your property, location, and the type of coverage you need. To get an accurate quote, you should speak with a licensed insurance agent who specializes in commercial building insurance.
Property Damage Coverage: This coverage protects your property from damage caused by covered events such as fire, theft, or natural disasters.Business Interruption Coverage: This coverage provides financial protection in case of a loss, including lost income and expenses associated with relocating or rebuilding.Liability Coverage: This coverage protects you from liability claims resulting from accidents or injuries that occur on your property.