Commercial Property Insurance
Great Lakes Insurance Services Group
COMMERCIAL PROPERTY INSURANCE
Property Insurance can help to cover a business’s physical assets such as their buildings, a sign, business personal property, personal property of others, etc.,. In situations where these assets are damaged or destroyed by a covered peril depending on the coverage form that is being utilized.
Business Income coverage is another important element of property insurance. Its’ purpose is if one’s building becomes uninhabitable for a period time due to a fire, damage to the roof, infestation, or another covered peril the business’ income will be supplemented up to a limit or for a period of time.
Types of Property coverages
- Buildings
- Other structures
- Business Personal Property
- Personal Property of Others
- Inventory & Stock
- Business Income
- Extra Expense