Commercial Property Insurance

Commercial Property Insurance

Commercial property insurance is a necessity for every business that owns and operates out of a building. The building and its contents comprise a large capital investment and a business must protect against the significant loss potential that they represent. Hazard insurance provides the security that in the event of fire, storm or any other type of physical damage to the building or its contents, the business will be able to re-coop its losses and quickly return to full operation.

Commercial Property Insurance

Commercial Building Insurance

Whether the business is a local convenience store, a production facility, a hotel or a high-rise office building, the buildings that are owned by the business are critical assets that have involved a large investment of capital. Insuring against property damage and catastrophic loss is an essential part of any risk management portfolio. Vandalism, fire and storm damage are all hazards that are traditionally included in property insurance coverage.

Commercial Equipment & Inventory Insurance

Beyond the building itself, a business requires coverage for the equipment, inventory and supplies that it owns. These items may be located within the building owned by the business, outside of the building or in locations other than the primary business address. Capstone recognizes the need to understand the business operations of each individual business and ensure that there are no areas left at risk for loss.

Business Property Insurance for Renters and Lessees

Not every business owns the building they operate from. However, that does not negate the need for business property insurance. The equipment, leasehold improvements and supplies which the business has invested in will not be covered by the property owner’s insurance. A business needs to protect against potential loss in these situations as well.