Commercial Property Insurance
Commercial Property Insurance Quote Forms
Looking for coverage? Click any of the following links to submit a quote for quick, accurate and affordable rates.
Commercial Property Insurance Information
Whether you have a large or small business, run a remote company or provide onsite services, you must protect your property value in the face of numerous damage hazards. Customized commercial property insurance will provide you the ability to do so.
If you are in the market for commercial property insurance in Florida, then come to Marantha Tax & Insurance Agency. We’re the business insurance experts for Mount Dora and the surrounding region, and our policy solutions can help businesses of all stripes institute a strong benefits package. All plans are affordable, customizable and flexible so that you can always use them to your advantage.
To get the plan that is perfect for you and your family, just get in touch with us today!
- Call: (352) 508-4294
- Commercial Property Insurance Quote
Common Commercial Property Insurance Questions
If you own property for your business’s use—equipment, machinery, computer systems, furnishings and more—then you need commercial property insurance.
This physical property represents a physical value. If something were to happen to it, then your business might both face high recovery costs and experience a loss of income because you might not be able to do your job at a full capacity. Rather than being forced to bear the recovery costs all by yourself, you can turn to your commercial property coverage for assistance. It’s there to make the cost burden of these issues much less harsh for your bottom line.
Property belonging to your business that is insurable under commercial property insurance includes:
Stock & inventory
Policies will only cover property damage resulting from covered perils. These include unexpected, unavoidable accidents like fires, severe weather damage, theft or vandalism. However, accidental loss or intentional damage to materials are not covered.
You will need to work alongside your insurance agent to determine the precise value of your physical assets and how much money you would need (in today’s dollars) to replace them entirely. That way, you can tailor your policy limits to your advantage.
At times, you will need to have very specific benefits within your policy, including:
Scheduled Commercial Property Insurance: You will insure different pieces of property under separate policy limits.
Inland Marine Insurance: Covers items when transporting company property or third-party property away from your main location (such as to a work site).
Bailee’s Customer Coverage: When a customer leaves their belongings in your care, they could be damaged in a covered peril. This coverage will pay for the losses.
Business Income Coverage: When your property sustains damage, you could face a halt in operations or loss of income as a result. This benefit can help you recover the lost money.
Additionally, we can help you determine whether your base plan compensates you based on items’ actual cash values or replacement cost values. The former will pay for an item based on its used value at the time of a loss, while the latter pays you based on the value of a like-new item. Along with your policy deductibles, these factors can influence your final settlement for a claim.
Small business owners should consider bundling their commercial property insurance into a business owners policy (BOP), which provides essential commercial benefits in one place and at one price.
Though various factors will affect the ultimate cost of your commercial property insurance premium, our agents are committed to helping you finding the most cost-effective coverage solution for your budgetary needs. Just let us be your guides in choosing the best benefits from our network of trusted carriers.