Business and Commercial Property Insurance
Our Business and Commercial Property Insurance provides coverage for buildings and contents. As the owner or user of a building, you are responsible to indemnify for its loss, or the loss of its income-producing ability when there is a covered loss.
Business Income Coverage
Business income coverage is also referred to as business interruption coverage. Commercial property insurance covers loss of income suffered by a business when there is damage to its premises by a covered cause of loss, causing a slowdown or suspension of its operations. Coverage applies to loss suffered during the required time of repair or to replace the damaged property. It may also be extended to apply to loss suffered after completed repairs for a specified number of days.
As a group, inland marine coverage forms are generally broader than property coverage forms. Property insurance for property in transit over land, certain types of moveable property, instrumentalities of transportation (such as bridges, roads, and piers, instrumentalities of communication (such as television and radio towers), and legal liability exposures of bailees. Many forms of inland marine coverage provide coverage without regard to the location of the covered property and are sometimes referred to as "floater" policies.
Equipment breakdown Insurance
Business Property Insurance coverage for loss due to mechanical or electrical breakdown of nearly any type of equipment, including photocopiers and computers. Coverage applies to the cost to repair or replace the equipment and any other property damaged by the equipment breakdown. Resulting business income and extra expense loss is often covered as well.
Business Property Insurance coverage for damage to property caused by a flood. This coverage may be available by endorsement to all risk policies or to a difference-in-conditions (DIC) policy. Normally, the coverage provided is subject to a “per occurrence sublimit”, an “annual aggregate limit”, and a separate deductible. Coverage may also be available from the National Flood Insurance Program (NFIP).
Learn More and Get In Touch With a Business Property Insurance Professional
Below you can request additional information and learn more about our available coverage and policies.
The Mahoney Group Core Values
We serve our employees, clients and business partners with a servant's heart.
We deliver solutions that bring value and protection to the clients we serve.
We are accountable to each other, our clients and business partners. You can rely on us to always do the right thing.