Three Basic Insurance Options For Property Owners

commercial property insurance coverage in Orlando

Are you looking for commercial property insurance coverage in Orlando? As a property owner, finding coverage by yourself may be a challenge. The number of options and confusing verbiage can make it difficult for those who aren’t experienced in the insurance industry. As you work to find an agent, here are three fundamental coverages that should be included in your policy.

General Liability Insurance

General liability is broad coverage to protect you against lawsuits from third parties claiming that they sustained bodily injury or property damage because of your business. An easy example of where this would come into play is if a tenant fell down the stairs in your building and hurt themselves.

Property Insurance

Property insurance protects you in case your building and contents are damaged or lost. In most cases, your policy will only pay to repair or replace your property following perils such as fires, certain storms, vandalism or theft.

Pollution Liability Insurance

Whether it’s caused by a construction project or regular emissions from your building, this liability coverage protects you in case a third party sustains an injury or property damage because of your pollution. It covers your legal fees and other expenses for which you’reliable and makes funds available to help prevent pollution.
Having adequate commercial property insurance coverage in Orlando can ensure that you’re protected against the many risks that come with owning commercial property. Be sure to work with an experienced agent to ensure that you get the exact coverage you need.