Commercial Property Insurance

Commercial property insurance in Texas is intended to protect the owners of businesses, farms and ranches from various forms of damage, peril or loss. As commercial property insurance varies greatly in Texas, those seeking to insure their place of business may find considerable variation in the types of coverages provided. The good news is this allows insurance companies to create specialized packages suited for the needs of different kinds of businesses. The downside is that with all of the options available, it may be difficult for a business owner to find a suitable policy without some assistance. Fortunately, Texas Auto Home Insurance brings thirty years of experience working in all aspects of the insurance industry in the state of Texas. We have the knowledge and experience you need to find the commercial property insurance policy that suits your business needs.

Regardless of whether you ultimately choose to purchase a policy through Texas Auto Home Insurance it is always a good idea to familiarize yourself with the basics of commercial property insurance in the state of Texas. There are some basic guidelines that all Texas insurance agencies should adhere to regarding commercial property insurance. Commercial property insurance may apply to those who operate a business on their property, or to those who lease their property to others. In the latter case, business owners may have the option of purchasing coverage for selected contents within property, such as machinery, furniture or other merchandise.

Commercial property policies in this state generally fall into one of three basic categories: basic form, broad form and special form. Basic form covers common problems faced by business owners, and is comparable to a basic homeowner's policy. Types of damages covered include those caused by fire, lightning and wind storm with some additional extended coverages. Broad form includes the coverage provided in Basic form, with the addition of, but not limited to, some damage caused by theft, vandalism, malicious mischief and certain specified water damages. Finally, Special form policies cover almost all perils listed above plus many others except those explicitly excluded in the policy. Some examples of these excluded perils might include floods, normal wear and tear, insects or vermin.

It is important to realize that some commercial property policies do not include coverage for liability, business interruption and/or extra expenses. In these cases, such coverage may be purchased separately. These may provide the business owner additional peace of mind when contemplating protection against the cost of lawsuits, or income lost in a period of time due to damages and repairs. Adding additional endorsements to the policy can eliminate exposure to the insured business owner and allow the owner to resume business operations as quickly as possible whenever a period of loss occurs.

Texas Auto Home Insurance has considerable experience working in all aspects of the insurance industry. We are more than willing to discuss your individual situation with you. If Texas Auto Home Insurance cannot offer an appropriate policy to you at a competitive rate through our agency, we will direct you to one who can! It is this sort of integrity that we hope has made Texas Auto Home Insurance special to you. Texas Auto Home Insurance will give you the tools and information you need to choose a commercial business policy that will insure your property and revenue for the life of your business. Give us a call today, or send an email!

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