Commercial Property Insurance
Great Harbor Insurance is proud to be one of the top providers of Commercial Property Insurance nationwide. With thousands of satisfied commercial clients, Great Harbor knows that commercial property insurance is not a one-size-fits all solution. Our team of technical experts understand the needs of each business owner, regardless of type or size of business.
Talk to a Commercial Insurance Expert Today
A basic commercial property insurance policy may be all you need, although the types of coverage can vary between different insurance companies. As an independent insurance agent, Great Harbor can help you determine the type of insurance policy and range of coverage that is best for your budget and your business.
About Commercial Property Insurance
- Insuring Buildings
Do you own a commercial building? If so, do you have enough commercial property insurance to cover replacement costs? Although cost estimators are available, we recommend that you secure an appraisal from a third party to accurately determine the current replacement cost of your building.
- Flood Insurance
Most commercial property policies exclude flood as a covered cause of loss. A separate policy must be purchased to protect you from resulting damage. Check your current property insurance policy to be sure you are covered.
- Business Personal Property Coverage
Business personal property insurance covers property at a specified location such as furniture, fixtures, equipment and inventory. Be aware that most commercial property policies have very limited coverage for property taken off the specified location. If you have equipment that is frequently taken off-site to various locations, it is important that you have an inland marine policy (equipment or installation floater).
- Builders Risk Coverage
Are you a builder? Great Harbor has commercial policies covering building developments from “ground up to completion” regardless of size or scope of the project.
- Business Income (Business Interruption Coverage)
This coverage reimburses a business owner for lost profits and fixed expenses during the time that a business is closed. It applies while the premises are being restored because of damage from an event such as a fire. Business income insurance may also cover financial losses that occur if civil authorities limit customer access to your neighborhood or business after a disaster. We strongly recommend that all businesses acquire this coverage.
- Electronic Data Processing (EDP) Insurance
This coverage is separate property coverage specifically designed to protect your computer related equipment. Most commercial property policies have limited coverage for computer networks. EDP broadens the causes of loss to include things like power surges and in some cases virus attacks.
Great Harbor understands the business insurance needs of our customers. The right coverage for you is unique – call us today to find out how to protect your business and your future with the right insurance.