Commercial Property Insurance and water damage

Water Damage Commercial Property Insurance...

Mary Thompson · May 26, 2016

If your business has an HVAC system there is a threat of water damage. If your business has a bathroom facility there is a huge risk of water damage. A malfunctioning toilet or sink can quickly become a problematic water and hazmat issue. Businesses with a physical location can also be damaged by water from storms or floods. Very few businesses are not susceptible to range losses caused directly or indirectly by water. Insurance coverage plays a huge role in protecting a business from water damage. There are many insurance policies (and riders and endorsements) available to cover these risks and protect your business. It surprises me often when a business does not want water damage covered either included or added to the Commercial Property Policy. Continue reading

Continue Reading