Commercial property insurance is not a requirement under law for those doing business in Ft. Worth, TX. However, you may be compelled by your mortgage lender to obtain a policy.
Indemnifying your building can protect you if your business leases out space to retailers and they fail to pay. You may be able to obtain help if you file a legal complaint to recover your monies. It may also pay for repairs if needed for your occupants. Consult with your tax attorney as your Main Street Independent Insurance Agencies Inc. insurance costs may be tax deductible as a business expense.
Your warehouse or other structures serve a vital role in your company by housing the raw materials you use to produce goods. For example, these can be vulnerable to damage if your building burns down. You may be entitled to temporary assistance with income to offset your loss in revenue.
In addition, your materials may be affected by theft, and you can make a claim when this happens. Vandalism can also wreak havoc on your products, rendering them unfit for sale.
If your store is open to the public, customers may face injuries due to slips or falls on wet surfaces. Your insurance can keep medical expenses and lost wages from coming entirely out of pocket. In addition, you may also face unforeseen expenses if your building is hit by fallen tree branches or is affected by ice storms, hail, hurricanes, or tornadoes.
Main Street Independent Insurance Agencies Inc. Can Help
We serve those in the Ft. Worth, TX area, and we can be reached by phone or online to schedule an in-person visit. We welcome you to discuss your situation with us, and we look forward to offering the insurance package to suit your needs.