Read through your policy to identify any exclusions of coverage

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Also note that a commercial property policy will not protect you from general liability claims. General liability claims include third-party claims when you are responsible for injury or property damage to others. It protects businesses from claims related to bodily injury, property damage and advertising injury. For example, if you break something that belongs to a client, you’ll need to make a general liability claim.


Sometimes, it is important to invest in other types of insurance united arab emirates mobile phone numbers database policies, too. Commercial auto insurance protects against a crash of a company car, for instance. Business interruption insurance, meanwhile, pays for lost revenues if your business is shut down due to a covered claim. Why should you consider commercial property insurance? Every business owner with business property should consider getting a commercial property insurance policy. Without commercial property insurance, you would pay for loss recovery by dipping into the company coffers, taking out a loan or closing shop.


With a commercial property insurance policy, you exchange a monthly or annual premium for the peace of mind that your business assets are protected. In the long run, insurance can save you thousands of dollars. To put these savings into context, take a look at the average costs of some common claims: Burglary and theft: $8,000 Water and freezing damage: $17,000 Wind and hail damage: $26,000 Fire: $35,000 Most small business owners don’t have that kind of money sitting around, so it’s important to get a good commercial property insurance policy.