Your vacant commercial property may have been purchased so that you can expand your business, renovate it or flip it for a profit. But the reality of today’s real estate market, commercial properties can remain vacant for months on end. In any of these cases, Vacant Commercial Property Insurance is a must to protect you and your investment.
Commercial property owners might be surprised to learn that an insurance provider could drop their coverage because empty buildings are riskier to insure. Simply hoping an existing commercial property insurance policy will cover you in such circumstances could be a costly mistake.
If anyone is injured at your vacant property, you can be sued for their injuries, even if they are trespassing! Laws vary by state and restrictions vary by insurer. So, commercial property owners must understand an existing policy’s terms prior to a change in status. If your property is vacant, talk to a Blue Lion Insurance Advisor and ask for a FREE insurance check-up of your existing insurance. Don’t wait until something happens to determine if the proper coverage is in place. Our experience Advisors can help you discover coverage options.
Our Advisors work with you to understand your unique insurance needs, and look to uncover any areas of risk. As Independent Insurance Agent, Blue Lion Insurance Advisors has the ability to find you the right comprehensive coverage, at the right price by leveraging relationships we have with numerous industry leading insurance carriers.
Don’t just purchase the same old commercial property insurance policy year after year; get exactly what you need with Blue Lion Insurance Advisors, LLC. You can give us a call at 732-649-1600 to learn more or schedule an appointment in Red Bank, NJ. You can also fill out our contact form at your convenience.
Is your current insurance coverage Blue Lion Strong™?