Newfoundland Commercial Property Insurance
Hard working entrepreneurs like you were the founders of the Newfoundland economy. Your business is your livelihood, so it is important to protect it. That is why it is of the utmost importance to have the right kind of Commercial Property Insurance. Maybe you think you have everything covered, and no matter what happens you are protected. However, this is not always the case.
Your building, computers, files, furniture, stock, and/or inventory are all key components of your business. As a prudent business owner you want to make sure you are protected against the potentially devastating effects of their loss. A great Newfoundland Commercial Property Insurance policy will go a long way to mitigating your exposure to such a loss.
As noted above, Commercial Property Insurance does more than just protect your buildings. It's often the smallest pieces of commercial property that are most important to your business. At Crosbie Job one of our professional commercial brokers will help you to construct an insurance policy tailored to your business. We've Got You Covered!!!
Package Policies vs Custom Insurance
Recognizing that many businesses face the same exposures, a number of insurers have developed Commercial Package Policies to cover your business. These policies bundle your most important coverage into a comprehensive package. Quite often it is the small business that can take advantage of a well-constructed package. Coverage in a comprehensive package could include:
- Stock and Equipment
- Commercial General Liability
- Valuable Papers
- Accounts Receivable
- Computer Hardware and Software
When buying a commercial property insurance package policy it is important to review with one of our brokers, your limits to make sure you have sufficient coverage.
It is not only larger businesses that need a unique commercial property insurance policy. If your business deals with a particular niche or may be even something funky, you will likely need to buy a custom commercial property insurance policy that is tailored to your business and its unique exposures.
Commercial property insurance can be complex. It is very difficult define a "standard" commercial insurance policy. There are too many variables to consider. However, some of the key coverages are:
- Commercial General Liability (CGL)
- Hazard/Peril insurance
- Fire insurance
- Contents (Fixtures, equipment & machinery)
Realizing that no two business are exactly alike you can also consider adding the following common coverage options:
- Higher CGL Limits
- Contents owned by others
- Loss of income
- Additional buildings such as warehouses and storage structures
- Cyber insurance
You should talk to one of our experienced insurance professionals at Crosbie Job. We will help you identify what your business exposures are. From there you can decide which of these options and/or additional coverages are needed. You can to sleep easy knowing we are on the job.
Crosbie Job has been providing the businesses of Newfoundland with the most current and comprehensive commercial property insurance policies since 1984. We know our province and the unique challenges it presents in regards to your business. We offer insurance based on Strength and Experience, so we will tailor an insurance solution for you.
Don't be left wondering if you have the right coverage. Simply fill out the protection Quote Form and one of our professional brokers will contact you to review your commercial property insurance requirements.