Although many businesses have general liability insurance, there are a large number of businesses that don't realize that this policy does not protect your building or your contents. Whether that be inventory, supplies, or equipment, by not carrying Business Property or contents coverage you leave yourself open to significant financial damage in the event of a disaster.
What would you do if your business shut down due to a fire or a natural disaster? Would you still have the income to pay your bills, mortgage, rent and overhead, but what about the salary of the key employees? Can you risk losing them if you are unable to make payroll? This can all be covered under a commercial policy for surprisingly less than one would think.
Business income coverage covers your loss of income and allows you to pay payroll to those key employees that help your business thrive. It can also cover your lost revenue from the business and pay vendors and other providers that help to facilitate your business. All commercial coverage's are available to both property owners and businesses that lease their office space.
Commercial Building and/or Business Contents coverage can protect your building inventory, company equipment, outside signage/landscaping/furniture, the rebuild of your structure inside or outside, and other people's property in your care/custody/control along with loss of income + much more.
You can rest easy knowing that your business is protected by a personalized commercial property insurance plan from Academy Insurance Agency. We work with you to determine your specific requirements, and then find you the best deal by working with hundreds of carriers to get the best rate available to you.