What You Should Know About Commercial Property Insurance 

As a business owner, one of the most important things to remember when purchasing or renting a new operating space is commercial property insurance in Millbrook, NY. Such a policy covers buildings and personal property owned by your business and is vital in ensuring the health of your business’s finances. When the worst happens, a commercial property policy can help recover your business quickly. Take a look at the basics of coverage.

Commercial property insurance provides coverage for your company’s building and its contents. This means that the structure of the property, the equipment, stock, furniture, and electronic devices are protected from perils. Your insurance can kick into effect when your items are lost or damaged due to theft, vandalism, fire, wind storms, hail, and more. Some insurance policies are able to extend coverage to the items left in your business’s care, custody or control.

A commercial property insurance policy is essential coverage that your business cannot afford to overlook. Imagine if an electrical spark produced a flame, resulting in a fire in your workplace. Not only would the structure of the building require repairs, but you might have lost valuable appliances that allowed you to conduct work. If you cannot afford to pay these repairs and replacements out of pocket, you may be forced to close your doors. When you consider everything that is at risk, it’s easy to see why a commercial property policy is such important coverage.

The team at Kneller Agency is here to help with all of your business insurance needs. Contact us today! We serve Chatham, Copake, Valatie, Tilden Place, and neighboring cities of New York. 

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