Buildings
Describe each building or improvement the business owns or must insure.
BUSINESS PROTECTION
Commercial property
Premises, inventory, furniture and equipment can have different values and risks. A useful comparison separates what you own from the landlord’s property and how a loss would be valued.
UNDERSTAND YOUR OPTIONS
What this insurance may address
Protection for business buildings, equipment and inventory against covered losses.
Furniture and equipment
Include equipment and furniture needed for operations.
Inventory and merchandise
Update values as inventory or seasons change.
A situation to consider
A shop building inventory for a busy season may need to review limits before sales peak.
QUESTIONS WORTH ASKING
Start your quote with clarity.
- Which property and locations must be declared?
- What would it cost to replace or repair them?
- How is interruption after a covered loss addressed?
PREPARE FOR THE CONVERSATION
Have these handy if available:
- Description of operations and locations
- Sales, payroll and employees if relevant
- Value of relevant property, equipment or vehicles
- Contracts with insurance requirements
Our team can explain any additional information a carrier requests.
FREEDOM INSURANCE
You may also explore
BUSINESS
Business interruption
Protection for specified income and expenses when a covered loss interrupts operations.
Learn more ↗
BUSINESS
Equipment breakdown
Options for breakdown of specified business equipment.
Learn more ↗
BUSINESS
Commercial flood
Flood coverage for business buildings and contents.
Learn more ↗Learn more from official sourcesRead this official guide ↗
This is general information. Coverage, limits, exclusions, eligibility and pricing depend on the insurer and policy. Confirm your options with our team.