No two businesses are alike, and neither are their insurance needs. We offer customized coverage plans, including commercial building insurance, that cater specifically to your business’s property and risk profile. This includes coverage for the following:
Our Risk Synergy® approach integrates thorough risk assessment and management strategies. We work with you to identify potential risks and implement preventive measures to mitigate them. This proactive approach not only lowers your insurance costs but also enhances your overall risk management strategy.
Disasters don’t just damage property; they can also disrupt your business operations. Our commercial property insurance includes business interruption coverage, which compensates for lost income and operating expenses during the recovery period. This ensures that your business remains financially stable even when operations are halted.
We offer a range of policy options, including commercial real estate insurance, that can be tailored to your specific needs. From basic coverage to comprehensive plans that include additional endorsements such as flood insurance, earthquake insurance, and coverage for specialty equipment, we have the flexibility to meet your unique requirements.
Standard commercial property insurance often excludes:
Businesses should review their policies with one of our Property Insurance Specialists to identify coverage gaps and additional insurance needs.
Coverage is limited to specific risks listed in the policy, such as fire, theft, or windstorms. If a peril is not named, it is not covered. These policies are typically more affordable but offer limited coverage.
These policies cover all risks except those specifically excluded. This provides broader protection and greater peace of mind, but they are usually more expensive due to the wider range of coverage.
Business owners should weigh their specific risks, budget, and coverage needs when choosing between these options. Consulting with one of our Property Insurance Specialists can help you make the best decision.
Asset Protection: Businesses invest heavily in assets like buildings, equipment, and inventory. Commercial property insurance protects these assets against risks such as fire, theft, and natural disasters, ensuring swift recovery and minimal operational disruption.
Business Continuity: Property damage can halt operations, leading to revenue loss. Insurance covers repair or replacement costs, helping businesses resume operations quickly and maintain continuity.
Risk Management: Insurance transfers the financial burden of potential losses to the carrier, allowing businesses to focus on core activities without undue financial stress.
Legal and Contractual Requirements: Many lenders and partners require commercial property insurance, ensuring compliance and demonstrating financial responsibility.
Peace of Mind: Knowing that valuable assets are protected provides business owners with confidence to navigate challenges.
Financial Protection: Insurance covers expenses related to property damage, business interruption, and liability claims, helping maintain economic stability.
Securing the right commercial property insurance is crucial for protecting your business’s future. Contact Tooher-Ferraris Insurance Group today to learn more about our comprehensive insurance solutions and to get a customized quote.
Call us at (203) 834-5900 or fill out our online quote form to get started.
Key Drivers of 2025 Healthcare Cost Increases Healthcare costs are climbing at an alarming rate, outpacing inflation and wage growth. According to PwC’s Health Research Institute, healthcare spending is projected to grow at a 7% annual rate by 2025—a figure that places significant financial pressure on individuals, employers, and the healthcare system as a whole. […]
How AI is Shaping the Future of Workplace Mental Health Not long ago, addressing workplace stress, anxiety, or burnout often meant furtive calls from secluded offices or the apprehension of being stigmatized for seeking help. Fast forward to today, and the narrative is changing. Businesses are placing employee well-being front and center, and a significant […]
When it comes to auto insurance, most people assume their personal policy will cover them in every situation. However, for individuals or businesses that rely on vehicles not personally owned—such as company cars or rental vehicles—this assumption could lead to costly gaps in coverage. That’s where Drive Other Car (DOC) Coverage comes into play. DOC coverage […]
Errors and Omissions (E&O) insurance is often associated with protecting against design-related errors, but it goes far beyond that for builders. Subcontractors bring specialized expertise to construction projects, from electrical wiring and plumbing to HVAC installations and interior finishes. While this division of labor boosts efficiency and quality, it also introduces potential liability for errors […]
Horses are a significant financial and emotional investment, and the costs associated with their care, training, and competition can be substantial. However, the risks involved in the equestrian world are equally significant. Injuries, illnesses, accidents, and even theft can result in devastating losses. Equine insurance provides a safety net, protecting you against these risks. For […]