Orlando is home to some of the most recognized entertainment properties in the world. Disneyland, Universal Studios and Sea World are just a few of the attractions that draw visitors. For these properties, liability concerns can be very high, but they are essentially no different than those for a small business owner. You too will need commercial property insurance coverage in Orlando if you choose to locate your business there.
What is Commercial Property Coverage?
Commercial property insurance takes your coverage a step past a general liability policy. In the event of a fire, theft, vandalism or other disastrous situation, the property associated with your business is protected. This could include your office building, warehouses, equipment, signage, furnishings and inventory. These policies can even be tailored to put varying coverage limits on more expensive items or equipment.
When you are looking for coverage options, there are several items that are common to business owners. While business or industry will have its own set of unique risks and exposures, the following items should be included in your commercial property coverage.
- Coverage for assets including computers or accounts receivable
- Lost income from suspended operations during a covered loss
- Leased or owned structures
- Protection/coverage for reproduction of important documents
- Assistance with temporary storage or relocation needs
Commercial property coverage insurance in Orlando will be tailored to your business size and location, but the general needs of protection are the same whether your business is large or small.