Commercial Property Insurance in Houston, TX
Commercial property insurance may provide coverage for businesses recovering from unexpected events that affect their buildings, equipment or inventory. Devco Insurance Services can help you learn more about this policy.
What Is Commercial Property Insurance? 
Commercial property insurance may cover a variety of physical assets, including the following:
- Buildings and structures owned by the business
- Office furniture, computers and electronics
- Inventory and stock
- Machinery and equipment
- Outdoor signage
- Fencing and landscaping
While coverage is broad, there are exclusions. Most commercial property policies do not cover damage from floods, earthquakes or normal wear and tear. Intentional damage, acts of war and certain types of cyber incidents are also typically excluded. Businesses may need separate policies or endorsements to address these gaps.
How Much for Coverage?
Commercial property insurance rates depend on many factors, including the property’s location, the type of business, the value of the assets and the level of risk involved. Insurers also consider the building’s age, construction materials, and safety features.
Estimating the property value, including tools, equipment and inventory, is helpful. Having that list ready can help determine how much it would cost to replace everything, making choosing the right amount of coverage easier.
Commercial Property Insurance Agents Near You
Contact Devco Insurance Services today to explore commercial property insurance solutions. We’re here to help you find the appropriate coverage.