When shopping for Commercial Property Insurance in Texas, the specialists at the Thumann Agency are here to help you secure the best coverage for your business. We can customize a Commercial Property Insurance plan that works for your business and your budget.
Commercial Property Insurance is coverage that protects your business from small hiccups to extreme financial loss. Whether you lease or own your building, Commercial Property Insurance will help protect your business’s physical assets.
Texas Commercial Property Insurance helps protect the building your business owns or leases as well as your business personal property. This includes tools and equipment, inventory, computers and furniture. A Commercial Property Insurance policy includes coverage for your business assets like accounts receivable and lost income for when business operations are suspended. Businesses can tailor their coverage to include additional protection like valuable papers and records coverage. This type of coverage can help you with the cost of reproducing important documents, providing temporary storage, and moving your records to avoid any loss.
You might want to consider Commercial Property Insurance coverage in Texas:
It is worth noting that many commercial properties require their tenants to have some Commercial Property Insurance coverage. These types of properties will have you obtain a policy that will cover the contents in your leased space. Be sure to read your lease carefully to check for potential Commercial Property Insurance requirements.
Commercial Property Insurance in Texas is actually quite affordable. The average annual cost of general liability insurance for commercial properties, regardless of your policy limits, is $741. This equates to a reasonable payment of less than $62 per month. The median annual price is around $428, which equals an affordable $36 per month. Fifty-four percent of small business owners in Texas paid between $400 and $600 annually for their policies. Twenty-one percent spent less than $400 annually. (According to insureon.com)
Commercial Property Insurance helps your small business or startup replenish your location and equipment after a covered event. A recent study from an insurance company, The Hartford, lists the average cost of typical small business property claims:
Having Commercial Property Insurance ensures your confidence that your essential equipment will be replaced and your business location repaired in a timely manner. A customized Commercial Property Insurance policy from the Thumann Agency will help your business get back to normal operations quickly and with less stress. We are ready to answer any questions you may have. Call us at (972) 991-9100 or you can start your Commercial Property quote online today.