New Hampshire commercial property insurance, one of the most common types of business insurance, provides coverage for a company’s possessions, including its buildings, inventory, equipment, and tools. This type of policy typically covers losses resulting from fire, break-in, vandalism, and windstorm, along with other natural or man-made disasters.
A basic commercial property insurance policy may be all you need, but the types of coverage can vary from one insurance company to the next. For this reason, it’s helpful to work with an independent insurance agent who will assess your business’s exposures and help you secure coverage that suits your needs. At Eaton & Berube Insurance in Nashua, NH, our independent agents have been assisting New Hampshire businesses with their coverage needs for more than 70 years. For more information about coverage options or to get a free quote for New Hampshire commercial property insurance, call us today at 603-882-2766 or submit our online quote form.
New Hampshire Commercial Property Insurance: What You Need to Know
Do you own a commercial building in New Hampshire? If so, do you have enough commercial property insurance to cover replacement costs? Contact us today for assistance determining whether your business is protected with an adequate amount of commercial property insurance coverage.
Commercial Flood Insurance
Most commercial property policies exclude coverage for flood damage. As a result, a separate flood insurance policy typically must be purchased to protect your business from this type of loss. Our agents can help you review your current commercial property insurance coverage and make any necessary changes to find the best solution.
Business Personal Property
Business personal property insurance covers property at a specified location for furniture, fixtures, equipment and inventory. It’s important to understand that most New Hampshire commercial property insurance policies provide very limited coverage for property taken off the specified location; if you have equipment that you frequently take off-site to various locations, it’s crucial to secure an inland marine policy (equipment or installation floater) to protect it.
Business Income (Business Interruption Coverage)
This type of coverage reimburses a business owner for lost profits and fixed expenses during the time that a business is closed. For example, in the event of a fire, this type of coverage will apply while the damaged premises are being restored. Business income insurance may also cover financial losses that occur if civil authorities limit customer access to your neighborhood or business after a disaster.
Electronic Data Processing (EDP)
Electronic data processing is a separate type of property coverage that is specifically designed to protect your computer-related equipment. Most commercial property policies have limited coverage for computer networks; EDP broadens the causes of loss to include things like power surges and in some cases, virus attacks.
Eaton & Berube Insurance Agency understands the insurance needs of businesses in New Hampshire. In addition to Nashua where our office is located, our agents are pleased to provide affordable commercial property insurance in Hudson, Hollis, Brookline, Litchfield, Amherst, Merrimack, Milford, Bedford, Manchester, Concord, Goffstown, Derry, Salem, Londonderry, Windham, Wilton, Mont Vernon, and all of New Hampshire. The right coverage for your company is unique – call us today at 603-882-2766, or submit our online quote request form to the right to find out how to protect your business and your future with the right New Hampshire commercial property insurance coverage.