Since virtually all businesses are run on property recognized as suitable premises for the commercial activity involved, whether you own your offices or have your building under lease, you should get your business a comprehensive commercial property insurance policy.

While you may be situated in a city or area where natural disasters are rare, your business property - which includes your offices, buildings, equipment, furniture, inventory, and much more - is vulnerable to damage caused by other types of accidents you have no control over.

In simplest of words, every business could immensely benefit from commercial property insurance if their policy covers all significant risks to property a business in their line of work faces.

Many insurance carriers around the country these days offer a wide range of commercial property insurance products you could choose from. However, most of these products are still quite generic and try to include a broad spectrum of generally applicable causes that could damage your commercial property.

What every business should aim for while getting any kind of insurance is whether or not the policy they are considering includes all significant types of risks their business is vulnerable to. If a commercial property insurance policy does not cover the kind of property damage risks the nature of your business comes with, that policy may not be useful to you when you need it.

Therefore, you should get assistance from an insurance brokerage business that can help you get commercial property insurance coverage that fits your industry needs. Ficke Insurance is proud to be helping businesses of all sizes and maturity - in all industries - get adequate commercial property insurance that mitigates their general - and industry-specific - risks.

Commercial property insurance covers many natural disasters and perils that could destroy your commercial property. Depending on the scope of your insurance policy terms, the kinds of causes of property damage as well as what types of commercial properties are covered in the policy may significantly vary. Therefore, you should be very careful about the terms of your policy when purchasing it.

Generally speaking, commercial property insurance coverage is offered by most carriers for key business assets, such as buildings, equipment, accounts receivable, and income loss due to damages caused by areas covered in your policy.

Following is a short and comprehensive list of types of property generally included in routine commercial property insurance policies as offered by major insurance carriers in the country:

While the above listed items are commonly included in commercial property coverage, you can add further specific properties that are important for insurance in your field.

The cost of your commercial property insurance depends significantly on a number of factors. While some of these factors are easily determined, such as the total value of your business assets, many other factors that your insurance carrier will consider before putting a price on your policy are more complex to estimate. These include:

Since commercial property insurance is a complex matter and knowing everything that may influence your coverage may be difficult for you, why not get help from an insurance brokering leader that can get you a policy that provides you tailored comprehensive coverage for risks to commercial property involved in your business?

Ficke Insurance is one such service provider where our team is ready to learn about all significant property risks your business comes with and mitigate them with thorough coverage in your next commercial property insurance policy.