Commercial Property

It depends on your goals and budget. We recommend you review the tradeoffs with us so there are no surprises at claim time.

Typically your business personal property and any improvements you paid for, since your landlord usually insures the building. We help confirm this against your lease.

It may help replace lost income and cover ongoing expenses while you recover from a covered loss.

Building coverage is for the structure you own; business personal property covers your contents, equipment, inventory, and furniture. Many businesses need both, or just contents if they lease. ...

No. Earthquake is excluded from standard California commercial property policies, so it is purchased separately, either through a private earthquake insurer or in some cases a specialty market. The ...

Flood is also excluded from standard commercial property policies and is written separately. For commercial risks that is usually through a private flood market or, for eligible buildings, the ...

Annually, and any time the building or the contents change. Renovations, new equipment, higher inventory levels, and a new location all move the number. Two California pressures move it ...

Report it, protect the property from further damage, and document before you clear anything. The duty to mitigate is in the policy, and reasonable emergency repairs are usually recoverable, ...

By penalizing you at claim time for insuring the building for less than it is worth. A coinsurance clause requires the limit to equal a stated percentage of the ...

Evaluate the replacement cost of your building and contents, considering factors like location, industry-specific risks, and the value of your assets. Because the right limits depend on the specific ...