Commercial Property Insurance
Your business continues to grow and change, and with that, so do your risks. For many business types, property makes up a significant portion of the total business assets. That's why reviewing your property coverage is essential not only in protecting your buildings and other property, but in protecting your business as a whole. The commercial insurance professionals at WSC can customize a property insurance program to meet the needs of your business.
Property insurance covers the risk of property loss in a variety of commercial situations, including commercial buildings, equipment, furniture, fixtures, inventories, business records, supplies and other physical items.
Property Insurance may cover two types of property losses:
- Direct losses may be covered when property is lost, stolen, damaged or destroyed.
- Indirect or consequential losses related to direct losses may also be covered.
Aside from building and business personal property protection, other coverages available under a commercial property policy that may be relevant to your operation and your location include:
- Boiler & Machinery or Equipment Breakdown
- Business Interruption and Extra Expense
- Earthquake
- Flood
- Wind