Commercial Property Insurance

Business Ownership Insurance

Whether you own one commercial property or many, you recognize the value of your assets and need to protect their ability to generate revenue for you now and in the future.

Why insure your commercial property

Are you prepared to withstand a considerable loss to your building(s) that would require rebuilding or extensive renovations? Standard coverage for rental income losses will last for 12 months from the date of loss. However, in today’s world of building permits, inspections and approvals, our experience shows us it can take 18 – 24 months before a building is fully reoccupied after a significant claim. We work with insurance companies willing to upgrade your coverage to bridge this gap.

Commercial Building Insurance Coverage

Like all businesses, liability insurance is a key component of the coverage you need to protect yourself. But how much is enough? In recent years, some of the largest liability claim settlements in North America have centred around commercial property – shopping malls to be precise. Of course, liability claims also effect other types of buildings too such as apartments and office spaces. Knowing this allows us to properly inform you of your risks.

But there are a host of other risks involved in commercial property and, as one of the leading providers of business insurance in the Vancouver area, we’re able to offer you a menu of competitively priced protection against:

  • Boiler & machinery coverage
  • Business interruption
  • Bylaw enforcement costs
  • Liability
  • Property damage
  • Rental income coverage

Let our building ownership insurance specialists help you with a free on-site commercial insurance assessment of your needs by contacting us at any of our insurance offices in the Vancouver area.