COMMERCIAL PROPERTY INSURANCE
Superior Commercial Property Coverage for Boston-Based Businesses
Whether you run your business out of your home, a leased facility, or a company-owned building, commercial property insurance is a policy that every business owner needs. This essential policy provides critical financial assistance in the event of a covered loss such as fire, flooding, theft, and vandalism, allowing your enterprise to continue operating with as little monetary disruption as possible.
If you are a small business owner, currently working out of a home office or someone who runs a company with zero inventory, you might be thinking that a commercial property policy is not right for you; however, that is simply not the case. A property insurance policy is a particularly wise investment for any sized operation in a variety of industries including home-based entrepreneurs, large scale manufacturers, professional service providers like lawyers and accountants, non-profit organizations, restaurant owners and more.
If this coverage option seems like an unnecessary business expense, let us remind you of the financial strain that trying to pay out of pocket for damages will likely cause, especially if you are forced to close your doors for repairs temporarily or to replace lost or damaged inventory. Commercial property insurance is one of the smartest decisions you can make as a business owner, which is why we strongly encourage you to consider adding the coverage to your insurance plan. If you happen to still be on the fence, our experienced team is prepared to explain the ins and outs of the coverage so you can see value in your investment.
The team at Chisholm Insurance will help you find a commercial property policy that meets all your needs, including protection for your:
Appliances
Computers
Equipment
Files
Furniture
Inventory
Valuable Papers
Personal Belongings
Cash
Data/Media
Machinery
And More
Fact or Fiction? My Businessowners Policy (BOP) provides commercial property insurance.
If you agree with this statement, please give yourself a pat on the back. A standard BOP does, in fact, include property insurance for your building as well as its contents, but that’s not all. This comprehensive insurance package also provides business owners with business interruption insurance, a policy that covers the loss of income resulting from a covered disaster that disrupts the day-to-day operation of your business, such as a fire, as well as general liability insurance. General liability coverage specifically safeguards your organization’s legal responsibility for any harm it may cause in the event you or an employee were to inflict bodily injury or property damage to someone else.
In addition to offering a solid foundation of business insurance, this pre-packaged policy is extremely cost-effective, making it a crowd pleaser among many of our small and mid-sized businesses. However, with all that being said, it is important to point out that depending on your organization, a BOP may not be enough coverage for you as it does not provide essential coverages like professional liability coverage, commercial auto insurance and workers’ compensation.
Navigating the complexities of commercial insurance is no easy task, which is why it is essential that you partner with a qualified insurance agent who will take the time to get to know you and your business. With over 40 years of experience insuring local businesses throughout the MetroWest, the team at Chisholm Insurance is prepared to make sure that you have no gaps in coverage and that your investment is safeguarded from any risks that may lay ahead.
For more information on commercial property insurance, to schedule a complimentary policy review or to learn more about our experienced business insurance team, call us today at 508-358-6111 or stop by our convenient Wayland location.