Keep Your Business Up & Running With The Right Commercial Property Insurance in Astoria, New York

Keep Your Business Up & Running With The Right Commercial Property Insurance in Astoria, New York

Protect your small business with commercial property insurance!

Owning a small business is a labor of love. You and your dedicated employees have put your heart and soul into the company, along with countless hours of work to get your business off the ground. However, a disaster can easily put all your hard work at risk. Ensure that your business is well protected with the right insurance. Commercial property insurance can make all the difference when it comes to replacing damaged equipment and helping your business run smoothly. Be sure to check out everything that you need to know about commercial property insurance.

What’s covered by commercial property insurance?

Commercial property insurance can cover anything that your business owns. Office furniture, supplies, inventory, office space, and equipment are all covered by your policy. If your business is harmed by disaster, whether your assets may be stolen, damaged, or lost, your commercial property policy has you covered.

Why do I need commercial property insurance?

You need commercial property insurance to give you peace of mind. In the event of a disaster, repairs and replacements can cost your business a hefty sum. Such large replacement costs at once can be detrimental to your business’s budget and its functionality. Commercial property insurance helps to absorb the costs so that you can be up and running again in no time.

How is my commercial property covered? 

You have the option of having your business covered by either cash value or replacement value. Keep in mind that there are pros and cons to each option. Replacement value policies generally have higher premiums, but they replace any items lost or damaged. A cash value policy pays you cash for the items damaged, but it takes any item depreciation into account so you may have to pay a little out of pocket when purchasing new equipment.

Make sure that you protect your small business with the right commercial property insurance in Astoria, New York.  Contact the professionals at 01 Insurance to find the best personal and commercial insurance in New York.