Commercial insurance FAQs

When you own a business you automatically take on a lot of risks. It’s unavoidable. How you deal with that potential risk is what matters. By having the right commercial insurance, you can provide your business with the best chance of being able to survive one of the many risks trying to take it down. At Nest Insurance Agency, we have been helping businesses in Amarillo, TX to identify what risks they face and the types of commercial insurance that will provide them with the best protection. 

Why do I need commercial property insurance when I am a renter?

Part of the coverage of commercial property insurance is for the physical structure,  but the rest is for the things that belong to you inside the structure. Different businesses will have different items that are covered but, basically, it will be what you need to do business. It can be raw materials, tools, electronics, office equipment, inventory, machinery, and more. 

What is a BOP?

A BOP is a business owner’s policy. It offers some things that all small and medium businesses need and makes it easier to have a customized commercial insurance policy. The basic things that it will include are:

  • Commercial property insurance
  • Commercial liability insurance
  • Business interruption insurance

What is business interruption insurance? 

When your business is hit by a cover hazard you may not be able to generate any income. Just because you can’t make any money, your expenses will not decrease. You will still have bills and salaries to pay. This important coverage can make the difference between surviving and having to close your doors if it takes a while to get your business back up and running. 

Contact Nest Insurance Agency in Amarillo, TX to discuss your commercial insurance needs. Stop by our office or give us a call for a quote.