commercial buildingsCOMMERCIAL PROPERTY
INSURANCE
commercial buildings

GET A FREE QUOTE!

Commercial Property Insurance

Edwards Insurance Agency

Commercial property insurance protects your business’ buildings, property and contents from a wide range of incidents including storms, vandalism, theft, fire and more. Commercial property insurance operates much like homeowner’s insurance, except it’s for a commercial business rather than a home.

commercial building

GET A FREE QUOTE!

Protect your assets

Help your business bounce back after disaster.

Affordable coverage

We offer options that fit easily in your business’ budget.

Personalized service

Our friendly agents will help you protect your business the easy way.

desk and laptop

What does commercial property insurance cover?

Commercial property insurance covers your building itself as well as it’s contents and even your outdoor sign. With a commercial property policy, all of the following is covered in case of loss or damage:

  • The building itself
  • Outdoor signage
  • Equipment
  • Computers and POS systems
  • Furniture
  • Personal belongings
  • Inventory
  • Fences and landscaping
  • Other people’s property that is at your place of business

What does business liability insurance cover?

  • Bodily Injury

    Slip and fall accidents at your place of business are covered, as well as other types of injuries. This can keep you out of court and help your business avoid expensive lawsuits. Bodily injury coverage is important for any type of business, as accidents can happen to anyone and any time!

  • Product Liability

    If you sell a product or provide a service that unknowingly causes damage to a person or their property, business liability insurance covers you.

  • Property Damage Liability

    Especially important if you perform services at locations outside your business, property damage liability insurance covers you if you accidentally damage a customer’s property.

  • Medical Payments

    This coverage includes medical bills as well as funeral costs if a person is injured or killed while at your place of business.

  • Damages to Rented Property

    If you’ve rented a space in which you conduct business, such as a retail space in a commercial center or an office space at a complex, you are liable if something gets damaged, such as a grease fire at your restaurant causing damage to the building itself.

What does commercial property insurance NOT cover?

Commercial property insurance covers a lot, but it doesn’t cover everything. Some situations that are not covered by commercial property insurance include:

  • Properties other than yours

    If your employee damages a client’s home or property, that would need to be covered by business liability insurance.

  • Flooding

    Flood insurance is the only type of insurance that covers flooding. Learn more about flood insurance here.

  • Accidents in company vehicles

    For any company vehicles, you’ll need to purchase commercial auto insurance for your company cars or fleet.

  • Lost income if your business needs to close for repairs

    You can protect your business from lost revenue with a business owners policy. Learn more about a business owners policy here.

How much does commercial property insurance cost in South Carolina?

Premiums for commercial property insurance vary due to a number of factors, so it’s impossible to tell answer “What does commercial property insurance cos?t” without knowing your unique situation. Call us today for a quote.

Premiums for your commercial property insurance will be affected by: 

  • Your building’s size and value
  • Whether or not it is built from fire-resistant materials
  • Whether or not it’s in an area prone to storm damage
  • Your type of business. A retail shop carries less risk than a restaurant.
  • Presence of alarm systems and sprinklers
  • Proximity to a fire station or fire hydrant

Ways to reduce your commercial property premiums

Just like homeowner’s insurance, there are lots of things you can do to lower your insurance premiums. When you make your property safer and less prone to damage, your premiums become reduced.

Some things you can do include: 

  • Updating old electrical systems
  • Invest in a security system
  • Install a sprinkler system
  • Want more ideas? Call us.

Protect your commercial property from the unknown – Call us!

The commercial insurance experts at Edwards Insurance Agency in Taylors, SC, help business owners all over the south protect their business properties from fire, flood, theft and more. Call us today.

What Our Clients are Saying…

Great team looking out for their clients. They are always available to give advice and point you in the right direction with your insurance needs! I know they have my family protected with the right home and auto coverage!

Great team looking out for their clients. They are always available to give advice and point you in the right direction with your insurance needs! I know they have my family protected with the right home and auto coverage! More content here more content here and more content here.

© 2022 Edwards Insurance Agency