Hailstorms and gusting winds can be the source of serious damage to business properties. The necessary repairs after the storm can disrupt your business and be substantially costly. However, having the right insurance coverage can offer protection for business owners. Our team at QuoteBroker Insurance Services in Santa Clarita, CA, explains the ins and outs of small business insurance.
Types of Business Insurance That Covers Hail and Wind Damage
There are a few different options for business owners looking for a weather-related property.
Commercial Property Insurance
Also known as business hazard insurance, commercial property insurance often covers hail and wind damage. However, whether it does or not depends on the property’s regional location. In many places, wind and hail claims are covered by a standard commercial property policy. Those in hurricane-prone areas may need to buy a separate policy with a separate deductible. Another option is to bundle policies that provide both standard and weather-related damage.
Business Interruption Insurance
Business interruption coverage can financially assist policyholders who temporarily cease operations due to storm damage. This coverage typically applies to physical damage and is in effect for a set time period.
What About Business Vehicles?
A comprehensive commercial auto insurance policy covers you from theft, fire, property damage, and medical expenses. You’ll want to check your policy or contact your insurance provider to see if it covers wind and hail damage.
Looking To Invest in Wind and Hail Damage Coverage?
We have an array of weather storms here in Santa Clarita, CA, that can cause high winds and hail storms. Getting the right coverage to protect your business is easy when you call QuoteBroker Insurance Services. Our agents will discuss your options and give you a quote.
