Commercial Property

South Carolina Commercial property coverage provides first-party coverage on the insured’s tangible assets from a variety of causes of loss. There are many forms and approaches, starting with the general and moving to the specific. The range of options allows us to work with a customer to develop the approach that is right for them. Let’s say the worst happens: a fire breaks out and you lose your inventory, a hurricane sends a tree smashing down onto your office, or your business is burglarized. Your ability to recover from any one of these disasters is heavily dependent on your commercial property insurance. Assets, broadly defined, include the area in which your business operates and the property housed there. In the case of catastrophes like fire, explosion, theft, or vandalism, commercial property insurance helps cover your costs – whether it’s to repair damaged property or replace what you’ve lost.

Different Types of SC Commercial Property Coverage

There are different types of South Carolina commercial property coverages that can either be included or excluded from the commercial property insurance policy. Some companies may choose to include these coverages or you may add them via an endorsement to your commercial property policy. Some of these commercial property insurance coverages include:

• Replacement Cost
• Utility Services
• Boiler and Machinery
• Legal Liability
• Additional Debris Removal
• Ordinance or Law Coverage
• Outdoor Trees, Shrubs, and Plants

Other Types of South Carolina Commercial Property Coverages

There are other types of SC commercial property coverages that affect a business’s tangible assets and the ability for it to continue to do business that aren’t necessarily covered by the commercial property insurance policy. Here are some different types of coverages that are available:

• Earthquake
• Flood
• Time Element Coverages
  • Business Income (Business Interruption)
  • Extra Expense
• Inland Marine
• Crime Coverage