Commercial Property Insurance

Having the right commercial property insurance policy can help protect your business from significant financial losses should you experience a covered loss. At Gordon Insurance, Redwood City’s premier commercial insurance agency, we’re here to help you find a commercial property policy that meets your needs.  

Call us today at 650-654-5555 or request your free policy quote online to learn more!  

What Is Commercial Property Insurance?  

If your office building burns down, then you’re not only going to have to rebuild the property itself, but you might also have to replace the items within that were also burned. This is going to be a costly undertaking that almost any business could struggle to afford.  

To help yourself out of such situations, you should be able to rely on commercial property insurance for assistance. When unexpected, unavoidable problems damage your workplace, appropriately tailored benefits will help you with the recovery process.  

What Does a Commercial Property Insurance Policy Cover?  

Property that may be covered under commercial property insurance can include:  

However, policies only cover property damaged in covered perils, which usually include unforeseeable acts like fires, severe weather (e.g., hail and lightning), break-ins, vandalism or similar incidents. Keep in mind, however, that policy exclusions will exist. Your Gordon Insurance partner can work with you to ensure that you get the right scope of coverage. 

What Is the Difference Between General Liability and Commercial Property Insurance? 

General liability insurance and commercial property insurance are both essential for businesses, but they provide different coverages. General liability may cover legal claims associated with injuries or property damage to third parties (e.g., clients). It may provide compensation for their losses (e.g., medical bills) and cover associated legal expenses (e.g., court costs and settlements).  

Commercial property insurance, on the other hand, generally protects your business’s property if it is lost, damaged or destroyed by covered events. It may provide repair or replacement costs as specified by the policy. 

 

 

What Will Property Insurance Cost?  

Multiple factors can influence the cost of your property coverage, including:  

 

Get Covered Today 

We are committed to making commercial insurance benefits affordable for every business owner, no matter their budgetary objectives. Call the agents at Gordon Insurance at 650-654-5555 to learn more about your coverage options.