Business Property Insurance

Protection for Your Commercial Property

Most standard Business Property Insurance policies comes with the following coverages for:

  • buildings, including additions under construction, permanently installed machinery and building glass
  • business personal property
  • leased business personal property used in your business
  • property of others left in your care for which you are legally liable
  • sales samples

Your business personal property does not stay in one place and neither does your coverage.  A Business Property Insurance policy covers your business personal property while in transit, at trade shows, or temporarily at locations you don’t own or lease.

After a covered loss, your policy may pay for the extra costs of:

  • removing debris of covered property from your premises
  • cleaning up pollutants from land and water on your premises
  • taking inventory and preparing claims statements
  • securing appraisals
  • recharging fire extinguishers

A property loss can slow down or even stop your operation until repairs are made – and that may mean lost income. A Business Property Insurance policy can provide you with several business income coverages that can reimburse your loss of income and necessary extra expenses to keep your business operating after a covered loss.

Options to Suit Your Needs

  • Ordiance or Law Coverage – provides coverage for the necessary demolition of the undamaged portion of your building and subsequent upgrades to meet current building codes after a covered loss.
  • Inflation guard coverage – provides coverage for inflationary increases in your building and business personal property values. The limit of insurance on your policy automatically increases at the annual percentage rate you choose.
  • Equipment breakdown coverage– provides coverage for loss resulting from the sudden and accidental breakdown of machinery and equipment used in your business.
  • Utility services – provides coverage when a covered loss to a power, communication or water utility interrupts service to your premises, which then causes a covered loss to your building, business personal property or loss of income.

Protect Against Liabilities

We will provide a risks assessment, custom build a Business Property Insurance program that meets your needs, and shop the companies to get the best value for you.   Give us a call, request an email quote, or visit us to get the best insurance protection and services for your business.

Northeast Financial Group is a full service Independent Insurance Agency that represents many top-rated companies.  We assess risks and shop companies to find the best coverage for the price.  Our clients get the best value for the insurance they need.

A few of the companies we represent include:  Travelers, Safeco, Main Street, Metropolitan, Mercury, Lincoln Financial, Dairyland, Titan, Victoria, Foremost, Arrowhead, Alfa Vision, CNA, Zurich, Kemper, Augusta Mutual, Anthem, Mutual of Omaha, and many more.

Call, request a quote by email, or visit us at our office today for a free, no obligation risk assessment and quote.  Let us do the research and find the best value for the Business Property Insurance you need.

Insurance for Different Business Types

On the right sidebar of this page, we have include links to a number of business insurance resources.  Click on any of the different business types to learn more about the insurance coverages for that type of business.   Please call one of our commercial insurance agents at Northeast Financial Group for any assistance.

 

Ed Rando

About 

Edward W. Rando, LUTCF, is the President of Northeast Financial Group.
He is a Registered Representative with Ameritas Investment Corp/Licensed Insurance Professional and has been providing insurance solutions and financial strategies for individuals, families and small businesses since 1989.

Ed's philosophy of providing multiple lines of insurance and investment products to his clients has allowed his practice to grow and prosper over the years. He began his financial career in 1989 with Prudential Insurance & Financial Services. In 1994 he founded Northeast Financial Group, LLC, a family owned insurance and financial services company.

Northeast Financial Group has locations at 194 Boston Post Road in East Lyme, CT & 606 West Main Street in Norwich, CT. Recently the third location was opened at 172A Boston Post Road in East Lyme, CT to serve all of your retirement, investment and life insurance needs. Ed is responsible for all aspects of life insurance and investment planning within the practice.