Commercial Insurance in Florida

Anyone running a business would be well advised to carry commercial insurance. Commercial insurance is, by definition, more complex than the kind of personal insurance you would carry to cover your home and automobile. eAdvisorPro Property & Casualty, LLC in Fort Lauderdale, FL can help you with your commercial insurance needs.

In the state of Florida, commercial insurance covers losses inflicted on buildings, their contents, and other infrastructures that results from a particular catastrophe such as a fire, storm, or some other kind of loss. Hurricanes are of a particular concern in Florida. A policy can be written that will cover a specific building or all such structures that are owned by a particular business.

Also, a commercial insurance policy can offer protection against spoiled inventory, such as perishable food, when a catastrophe causes a power interruption. Flood damage can also be covered by a specific endorsement, though some policies only cover losses not taken care of by the National Flood Insurance Program. Coverage is also sometimes available for the loss of value for an undamaged property that could result from a portion of it being damaged. Most commercial insurance policies do not cover damage to unattached signs, but the structures can be covered by a separate endorsement.

A commercial insurance policy can also include losses as the result of an interruption of business income and extra expenses that occur as a consequence of a catastrophe. When a company’s infrastructure is being repaired, regular business is often interrupted, resulting in a loss of income. Also, a business may incur additional expenses to mitigate the effects of the business interruption.

For commercial insurance quotes, contact the independent insurance agents at eAdvisorPro Property & Casualty, LLC in Fort Lauderdale, FL