What Insurance can Cover for Commercial Rental Property

What Insurance can Cover for Commercial Rental Property

commercial rental property insurance around Orlando

When looking at commercial rental property insurance around Orlando, you may be wondering what types of things commercial property policies can cover. Most companies offer several types of plans to cover various needs. Here are a few of the options.

Liability

Liability coverage is one of the most common types of insurance and can cover many things. In most cases this coverage is used to help in the event you or an employee are found at fault for an accident, but plans can be written for specific risks. These can include professional or general liability, builders liability, and employment practices among other options.

Property

In most cases property insurance will cover your businesses buildings, land and machinery. Typically coverage is used to cover loss or damages related to theft or vandalism, but may also include automobile coverage, fire or weather coverage, or other risks directly related to an area. Your insurance provider can tell you exactly what a plan covers.

Remember to consider your coverage needs when considering commercial rental property insurance around Orlando. Liability coverage can help protect your business if an unfortunate incident were to occur, while other plans are written specifically for damages or loss related to specific risks. Property coverage can help you in the event of theft, vandalism, or other potential damages. If you have questions a professional may be able to help.