With commercial property insurance, there are generally two types of coverage to purchase:
Commercial insurance to provide replacement cost for direct loss to buildings, business contents, inventory, computer hardware and software.
Commercial insurance to cover indirect loss such and loss of rents, loss of business income and extra expense coverage.
Many times a business owner’s indirect loss of business income will be a greater loss than a direct loss to buildings or equipment. It is very important to do a thorough review with your independent agent to determine the amount of coverage needed in each category.
As an independent agent offering business insurance in Palm Coast, Flagler Beach and Bunnell, we have many choices of companies and coverage available for business owners to choose from so that your policy is tailored to your unique needs.