Commercial Property Insurance

To make your business a success, you have to keep your doors open. From assisting customers and offering services to providing employees with jobs, your business is a powerhouse of activity. That is why it’s important to have the right insurance policy to cover your business.

It’s imperative that you work to operate your business as safely as possible. However, accidents can happen at any time, nonetheless. The last thing you want as a business owner is to experience being out of commission and under the wrong policy for your needs.

By working with Gerhart, Hartman & Ritner, Ltd., you’ll get the custom commercial property insurance that will provide the reassurance you need to know that your business is protected from anything. Be it a minor accident or a major financial loss, we’ll make sure that your workplace always remains protected. You’ll be able to get to work, rather than worrying whether you are truly safe and secure.

What Does Commercial Property Insurance Cover?

Commercial property insurance is a critical business insurance portfolio benefit that will make certain that you can bounce back from any hazard that might suddenly arise, and which might prove exceptionally challenging.

A commercial property policy for small- to medium-sized enterprises can insure numerous commercial assets, including:

• All office equipment including computers, phone systems and furniture (whether owned or leased)
• Accounting records and other important company documents
• Inventory
• The building your business is housed in (whether owned or rented)
• Manufacturing or processing equipment
• Exterior items such as fences, signs and satellite dishes

If you get your coverage through Gerhart, Hartman & Ritner, Ltd., you’ll receive customized coverage that will make certain that you don’t suffer unduly just because an unexpected accident occurred. We offer several forms of coverage to suit all kinds of situations for our clients in Boyertown, PA and all surrounding communities.

Additional Business Protection

Generally, you will have to purchase more coverage than just commercial property coverage in order to fully insure your entire operation. Policies that you will need alongside your property coverage include:

• Commercial General Liability Insurance: Coverage protects you in case of at-fault accidents that cause property damage or bodily injuries for non-employees (I.e. customers).
• Builder’s Risk Insurance: Protects materials or equipment from damage or loss sustained during construction or remodeling.
• Equipment Breakdown Coverage: Keeps any electrical, electronic, or pressurized equipment on your premises insured from breakdowns or loss.

To find out more about combining coverages, contact Gerhart, Hartman & Ritner today.

What is the Cost of Commercial Property Insurance?

Various factors will influence the cost of your property insurance. The most important will be the value of your business assets overall. After all, you need to make certain that your plan reflects the appropriate value of all your property.

Other factors considered when determining your risk for a commercial property insurance policy include:

• Location: Are you in an area more prone to storms or other natural disasters? Is your building in a city or town with excellent fire protection or are you in a rural area with limited fire protection?
• Construction: When was your building constructed? Was it constructed using fire-resistant materials? Does the building have new or upgraded electrical wiring? What about plumbing and HVAC?
• Occupancy: Are you in your own stand-alone building or do you share a building with multiple tenants? What type of industry are you in? An office building carries less risk than a restaurant.
• Security Features: How close is the nearest fire station? Is a fire hydrant located close to your building? Do you have a fire alarm and sprinkler system? Does your business have a security system?

Find the Proper Policy for Your Business

Commercial Property Insurance can be a complex, but very comprehensive form of coverage for a business. Every operation is different, and it’s up to you to get the coverage that is both budget-friendly and comprehensive for your needs.

For a full review of your business' needs, request a free quote from Gerhart, Hartman & Ritner, Ltd. today. Don’t let the unexpected devastate your livelihood. Let us be your partner in securing your business’ future.