Commercial Storm Insurance: What Does it Cover?

5/11/2022 (Permalink)

What Does Commercial Storm Insurance Cover?

Are you a Maple Grove, MN business owner who wonders what commercial storm insurance actually covers? It is important to understand your coverage in order to be prepared for an emergency if it should occur. Here are three things that are covered by most policies in addition to damage to your actual building itself.

1. Wind damage. If your area is particularly prone to windstorm issues, you will be happy to learn that most wind-related storm damage is covered by commercial insurance. Remember to keep records of any damage directly caused by wind, such as pictures and receipts from repair work.

2. Theft and Vandalism. Unfortunately, criminal acts can become a concern when dealing with storms and similar disasters, so most policies will cover both vandalism and theft that can affect your building as a result of a storm.

3. Business equipment. If your supplies, furnishings, office fixtures and other equipment are damaged during bad weather, most storm insurance policies will cover it.

Keep in mind that damage from floods, earthquakes and hurricanes may not be a part of your standard insurance coverage without an added rider. Talk to your insurance agent about including these coverages to better protect your business and your investments.

Getting Help After a Storm

If you ever find yourself facing storm-related damage at your business, wait until the weather dies down to seek help. Then, call a trusted commercial storm damage company in the St Michael, MN, area for assistance with cleanup and remediation. While you may feel the urge to take matters into your own hands, it is better for you, your business, and your insurance claims to get help from trained technicians who know what to do in such a situation.

Storm insurance and storm damage in general can be hard to navigate for even the savviest of business owners. Talking to your insurance agent and other knowledgeable professionals can help take some of the burden off of you and put you in a position to take control after a storm.