Commercial Property Insurance Dallas Fort Worth
If you are looking for commercial property insurance in the Dallas Fort Worth area, of elsewhere in Texas, then you are welcome to contact us. We are an independent insurance agency and can customize your policy to meet your specific needs.
We also included some helpful information from the State of Texas regarding insuring commercial properties throughout the State, not just DFW.
Texas Department Of Insurance’s Commercial Property Guide
The full article can be seen here: Click This Link
Here are some possible portions of interest from the main article:
Commercial property insurance pays to repair or replace your building and business property damaged by a fire, storm, or other event covered by the policy. It can also pay some of your lost income if your business is unable to operate normally.
There are three different levels of commercial property coverage. Each level protects against different causes of damage or loss.
- Basic form policiesprovide the least coverage. They usually cover damage caused by fire, windstorms, hail, lightning, explosions, smoke, vandalism, sprinkler leakage, aircraft and vehicle collisions, riots and civil commotion, sinkholes, and volcanoes.
- Broad form policies usuallycover the causes of loss included in the basic form, as well as damage from leaking appliances, structural collapses, falling objects, and weight of ice, sleet, or snow.
- Special form policiesprovide the most coverage. These policies usually cover damage from all causes of loss, except those specifically listed in the policy. These are called policy exclusions. Most policies exclude damages from floods, earth movement, war, nuclear disaster, wear and tear, and insects or vermin.
The TDI also has another useful guide at this link: TDI Commercial Insurance
Here are some possibly helpful portions from that guide:
Just as homeowners insurance protects a homeowner from the full cost of repairing unforeseen damage to a house, commercial property insurance protects businesses, farms and ranches against damage to their buildings and contents.
Commercial property owners, both those operating a business on their property and those leasing property to another entity, may purchase policies that protect the building and associated structures. A property owner´s policy will not protect tenants from loss. Business owners who lease their property may buy policies that protect the building´s contents, such as machinery, furniture and stored or displayed merchandise.
Different types of commercial property insurance policies protect against different dangers, called “risks,” “causes of loss,” or “perils.” Commercial property policies are not standardized in Texas.