Missouri Commercial Property Insurance

Imagine, there was a man whose one and only dream since he was a child was to own a restaurant of his very own. He worked very hard to turn that dream into a reality. Finally, after putting himself through culinary school working odd jobs, he poured his life savings into opening his own place.

He filled restaurant with all the latest and greatest in food preparation equipment. He purchased designer tables and only the finest dishes. His offices were neat and organized with fine furniture, filing cabinets and state of the art computer equipment. He had everything that he needed to be the next great restaurant on the block.

He held a successful grand opening and his tables were full for the next two weeks. Then, in less than a month from opening the doors, his dream came crashing down around him. It started as a small fire in the kitchen, then it quickly spread through the offices and the dining area. In less than an hour, all his hard work was turned to a pile of smoking ash.

Now, you may be thinking that this is one of the saddest stories that you have ever heard. However, this story does happen to have a happy ending after all. You see, one of the first investments that this man made in fulfilling his dream was to purchase a quality Commercial Property Insurance policy. Not only did he have the financial support that he needed to rebuild the structure, but he was also able to purchase new equipment and furnishings, keep up his utility bills and maintain payroll until he was able to open the doors once again on his dream business.

What Is Covered By Business Property Insurance?

While there are a number of different types of Business Insurance that you should consider investing in when running a company, perhaps one of the most important is Commercial Property Insurance. This type of coverage can not only protect the building itself, but it can also provide protection for your furniture, equipment and inventory as well.

When you are shopping around for insurance, you will find that you have several options for coverage available to you. If you do not own the actual building that houses your business operations, then coverage for the company property that you keep inside of the building may be adequate to meet your insurance needs. This is often referred to as contents insurance or business personal property insurance.

It is important that you do not assume that the landlord that owns the building has insurance that will also cover your business property. This is very seldom the case. When you are a tenant, it is up to you to purchase the polciy that you need to cover the equipment and property that you use in the leased space, even though the building itself may be the responsibility of your landlord, however it is important to review your contract carefully to be sure you are not responsible for any building coverage.

On the other hand, if you do own the building that houses your company's operations, you will want to invest in a Missouri Business Property Insurance policy that will cover the building and your property inside the building. This is the only way to make certain that both your building and everything inside of it is covered in the event of a loss. Insurance coverage will cover the cost of damages due to a number of events, such as:

  • Damage caused during a fire
  • Damage caused by water
  • Burglary or theft
  • Damage caused during a storm
  • Vandalism and other malicious acts

If your business is affected by any of these unfortunate events, your Commercial Property Insurance will help you with replacements and repairs that are required to get your business operational following such a disaster. As the owner of any kind of business, you understand just how important it is to be prepared for anything that comes your way.

Even though you cannot predict the future and can never know for sure when tragedy may strike, you can take necessary precautions to protect your finances. Just by making certain that you have adequate coverage in place will go a long way when it comes to protecting your business from the inevitable.

An Important Investment For Your Business's Future

Many business owners rely on several pieces of large or expensive equipment to keep their business operational. Therefore, Business Property Insurance is one of the most important investments that you will make. Because such equipment is rather expensive to repair or replace, you need the security of knowing that you will be able to take care of such expenses without risking your company assets.

A lot of hard work has gone into building and growing your business. Whether you have a number of successful years under your belt or you are just getting started, you need adequate protection to keep your business going. At Capstone Insurors we want to make sure that you understand the insurance policies you have. We strive to provide the best customer service and use our expertise in this area to provide our clients with proper coverage at the right price. Get started right away by filling out the risk free quote form now.