In Albuquerque, New Mexico, businesses face various risks that can disrupt operations and lead to financial setbacks, including natural disasters like wildfires and floods or man-made events like theft and vandalism. Commercial property insurance is essential to protect your business. It can help provide the coverage needed to recover and keep operations running smoothly after unexpected events.

At Berger Briggs Insurance, we are a trusted provider with a strong understanding of the local market. We offer personalized service and commercial property insurance policies tailored to your business’s unique needs.

What is Commercial Property Insurance?

Commercial property insurance may financially protect a business’s physical assets, including buildings, equipment, inventory and furniture, from various risks. This coverage is essential for business owners looking to safeguard their investments and maintain long-term financial stability.

What Does It Cover?

Commercial property insurance typically covers a range of risks and assets associated with your business. Here are some common coverages:

• Buildings and structures may include the physical building and any structures attached to it, whether owned or rented.

• Business personal property may cover items like furniture, fixtures, equipment and inventory at your business premises.

• Loss of income (business interruption) may reimburse lost income and ongoing expenses if your business operations are interrupted due to a covered event, such as a fire.

Does This Insurance Cover Theft?

Yes, commercial property insurance generally covers theft. If your business property is stolen, the insurance policy can help cover the cost of replacing the stolen items, minimizing the financial impact on your business.

How Is the Cost Calculated?

The cost of commercial property insurance depends on factors such as the property’s value, business location, operations type, and desired coverage level. Insurers also evaluate the building’s construction, age and security features to determine premiums.

Learn More

If you’re looking for commercial property insurance, consider Berger Briggs Insurance. We can provide expert advice, guidance and coverage to protect your business, helping you maximize your policy every step of the way. Contact us today to learn more.