A Digital Division of WCL Bauld
While owning a commercial property and or being a landlord can be both personally and financially rewarding, commercial building owners take on a great deal of risk. Without the right commercial property insurance, owners can face serious financial harm if something goes wrong.
These are some examples of property owner businesses that should be protected:
Commercial General Liability Insurance protects your business if you’re found legally liable for injuries or property damage caused by your employees, completed work or accidents on your premises involving visitors or customers, or at your customer’s location.
Commercial Property Insurance helps to protect your physical assets such as building, stock, equipment and computers, including equipment removed from your premises (at a client's business, temporarily in transit).
Rental Income Insurance reimburses you for lost business income (rent) if the premises is damaged by a covered loss (storm, fire) and results in a loss of income or suspension of operations while repairs are made to the property.
Equipment Breakdown insurance provides coverage for loss due to mechanical or electrical breakdown of nearly any type of equipment, including photocopiers and computers.