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Written by Adam Miller
Commercial Property Basics for Texas Businesses Owners

If you're a business owner in Texas, you understand how important it is to protect your company's assets, including your commercial property. Any major loss, theft, or property damage can hurt the stability and revenue of your company, so you need insurance that can help when it's needed most.

Commercial Property Insurance offers financial protection for your business structure and contents in the event of damages or loss from covered events such as theft, fire, or natural disasters. Learn the basics of commercial property insurance and the benefits this type of coverage can provide your business.

What Does Commercial Property Insurance Cover?

One of the most important reasons to carry Commercial Property Insurance is that it covers the value of buildings and any contents that are used for your business and daily operations. A standard Commercial Insurance policy will cover assets including, but not limited to:

• Buildings and Roofs
• Plumbing and fixtures
• Business Equipment
• Tools
• Furniture
• Electronics and Computers
• Appliances
• Inventory
• Raw Materials

Typically, Commercial Property Insurance covers property damage that results in rebuilding or repairing your structure after a covered event, such as a fire or natural disaster. You can also get additional endorsements or policies added to provide more coverage, such as Business Interruption Insurance, which provides financial help if your company is forced to close because of repairs or rebuilding, or Utility Interruption Insurance, which helps if you shut down temporarily due to utility disruptions off-site and out of your control.

The Benefits of Commercial Property Coverage

When you have a Commercial Property policy in place, it can give you peace of mind that you'll have the financial resources to quickly recover from your damages or loss and be able to resume daily operations quickly. Without this type of coverage, a single event could devastate your business and leave you unable to pay for repairs or renovations.

Commercial Property Insurance is usually a policy required by property managers and commercial landlords before they'll agree to let your business rent a space on their land. This will help protect your company assets if there is damage on the commercial space, even if you don't own the land.

Businesses of all industries need the protection that comes with Commercial Property Insurance, including:

• Restaurants, cafes, and bakeries
• Bars and nightclubs
• Retail stores
• General contractors
• HVAC repair
• Auto repair and maintenance shops
• Attorneys
• Accountants
• Farmers and ranchers

Also, the costs and expenses covered by a Commercial Property policy allow your business to focus your financial resources on other expenses such as taxes, rent, payroll, and utilities, all of which are still due even if you're closed for repairs. Your out-of-pocket expenses are minimized when you have the protection that comes from a great Business Insurance portfolio.

Why Choose Aegis Insurance & Financial Services?

The Commercial Insurance team at Aegis Insurance & Financial Services has decades of extensive experience serving a wide range of industries across Texas, including the restaurant industry, retail, contractors, professional services, and more. Our agents understand the unique needs of Texas business owners, and we strive to provide comprehensive, cost-effective Business Insurance solutions that meet your specific needs.

Contact Aegis Insurance & Financial Services today at 713-850-7622 to learn more about our full range of Commercial Insurance policies, or fil out our online form to request a free quote!


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