The Coverage You'll Get From Commercial Storm Insurance

9/14/2020 (Permalink)

Storm damage to commercial property in Luther, OK

When you own a commercial building, the last thing you want is a disaster to strike and cause damage to the facility. This could lead to costly repairs and restoration. It could also hamper your business and keep the building unoccupied for the long term. Storm damage can wreak havoc, resulting in flooding and structural damage. If you purchase storm insurance, you can get the financial support you need during a difficult time. This coverage can also protect your valuable assets.

What the Insurance Won't Cover

It's first important to understand what your regular policy won't cover. For these issues, you'll need to buy supplemental coverage. Such events include the following:

• Earthquakes
  
• Flooding from sewer backups
  
• Flooding from a main water line burst
  
  

Hail Damage
Your commercial insurance coverage will pay on your claim for damage your building suffers during a hailstorm. This may include broken windows and siding, roof leaks, ruined personal items, or other related problems. If you live in an area in Luther, OK, where hail is common, you may need to rely on this insurance. This coverage applies to damage that occurs to the interior or exterior of the building.

Tornadoes
In certain parts of the country, a tornado can rage across the land, destroying everything in its path. Your commercial building could be a victim of this devastation. Luckily, storm insurance will pay for the damage your building suffers in such an event. This would include rebuilding and restoring the structure and replacing equipment and supplies inside.

Wind Damage
It doesn't take a tornado to harm your facility. High winds can cause severe problems with your roof or even knock over trees onto the structure. Your storm coverage should take care of any issues resulting from a windstorm.
Along with calling a storm cleanup company, you should notify your storm insurance agent if an unfortunate event occurs in your building. Insurance coverage can give you peace of mind.