Commercial Property Insurance
At Commercial Coverage Insurance Agency, our core practice is working with investment property owners, property managers, commercial real estate brokers and lenders in providing both low-cost and best-coverage insurance products based on your risk profile and budget. Our proprietary modeling software, The SureFit Rater, simultaneously compares the low cost and best coverage programs enabling us to offer the best value for your budget within minutes. We offer custom insurance programs for:
- Apartment Buildings
- Office Buildings
- Retail Properties
- Mixed Use Properties
- Industrial Properties
- Hotel/Motel Properties
- Special Use Properties
The SureFit Rating System was developed for real estate professionals to have a trusted source for accurate insurance costs based on Low Cost to Best Coverage strategies available in the market place. Based on our simple assessment process you will receive an on-the-spot Indication of Insurance for you to use in your marketing & underwriting efforts. CHECK IT OUT…
With a customized insurance program from Commercial Coverage Insurance Agency, your property will be accessed through our Property Profiling Process, allowing us to review your current policies, point out any deficiencies and offer a new program based on best practices in risk management strategies. Our risk advisors can help you create a policy for a single location or a portfolio of properties to meet your specific needs and lender requirements.
Common Coverage Topics
- Replacement cost or better for your property
- Loss of income and extended periods of indemnity
- Building ordinance coverage
- Backup of sewers and drains
- Landlord liabilities
Other items that are typically found on a Property Insurance policy can include Builder’s Risk insurance and Equipment Breakdown coverage. Builder’s Risk protects any materials or equipment from damage or loss sustained during construction or remodeling, while Equipment Breakdown, or Boiler and Machinery, keeps any electrical, electronic, or pressurized equipment on your premises insured from breakdowns or loss.
Advanced Risk Management & Cost Reduction Strategies
In some cases, your holdings may be large enough to a apply premium reduction strategy by utilizing a loss limit against the entire portfolio. When appropriate, our loss limit strategy can provide the same coverage with a substantial savings to your insurance cost, as much as 40% in some cases. To find out more about our loss limit strategies, contact Commercial Coverage Insurance Agency today.