What Does Commercial Property Insurance Cover?

Many businesses have assets that they need to protect. Commercial property insurance offers protection for everything from buildings to inventory.

Covering Buildings and Improvements

When business owners think of commercial property insurance, they often first think of insuring a building. Insurance for commercial buildings, including multi-unit housing, retail stores, office buildings, industrial buildings, storage facilities, and other structures, is readily available.

Commercial building coverage can protect structures against damage. Almost every business owning a building in Goldsboro, NC, should have this coverage.

Tenant betterment coverage is available for Goldsboro, NC, businesses that lease a space rather than own a building. This coverage may provide insurance for a business’s build-out and other improvements to its leased space.

Covering Equipment, Inventory, and More

Commercial contents coverage protects items when they are at a business’s location. This coverage might insure equipment, supplies, products, and other items a business keeps on-site.

While coverage for most items is widely available, it is essential to ensure that a policy covers your business’s specific items. At Wayne Realty and Insurance Co Inc., our agents can help you choose a policy that protects your business’s specific items.

Covering Equipment and Products Off-Site

Commercial contents coverage often restricts protection to when items are at your business’s location. You may need inland marine coverage to protect items off-site, such as when they are transported elsewhere. This can cover most items when they’re being taken to or from work sites, customer locations, or your business’s different locations.

Insure Your Business’s Assets

For help insuring your business’s assets, contact Wayne Realty and Insurance Co. Inc. Our agents will set you up with the commercial property insurance your business needs.