Commercial Building Owners | Houston Business Insurance

Coverage for Commercial Building Owners

Owning a commercial building that is used for leasing space to others has its own concerns regarding protection from liability suits. The proper liability insurance is an essential tool that can protect commercial building owners against liability suits. We represent insurers who are competitive in providing insurance coverage for owners of commercial buildings.

Business Insurance is not simple – if you do it right!

Insurance for Building Owners

Do we have adequate limits to replace our building or contents if we suffer a loss?

Have we calculated replacement cost of our building, to avoid being penalized for underinsurance in case of a claim? If not, how will we establish that replacement cost?

Do we know if our Commercial Property insurance is written with a Risk Purchasing Group? Do I understand the shortcomings of a Risk Purchasing Group, compared to Conventional Insurance?

Hurricane Season comes every year - Are we subject to a separate wind deductible or early cancellation penalties?

What are the risks of having windstorm coverage that expires during hurricane season? Should we consider buying flood insurance?

Do we need to insure Outdoor Property? Signs. Fences. Carports. Ancillary Buildings. If we have others property stored on our premises, is it covered under our policy?

What about coverage for Mechanical Breakdowns, Backed-Up Drains, Sewer Lines, Law and Ordinance, Business Income, or Lost Rents?

Is our building considered partially or totally vacant? If so, what are the financial consequences?

Will my property insurance cover damage from flood water? What does flood insurance cover? Do I have to buy flood insurance on my commercial property?

How do I know what my risk is of being flooded? Where can I buy flood insurance? How much flood coverage can I get?

If I purchase flood insurance now, when will I actually be covered?

How do we calculate the amount of business income coverage needed? Do we need coverage for ordinary payroll?

What are dependent properties? Do we need coverage for those?

What about: Waiting Period? Extended Period of Indemnity? Civil Authority Coverage?

What about: Utility Service Time Element Coverage or Extra Expense coverage?

What is an Umbrella or Excess Liability policy and why do we need it?

Do we have operations that, by their nature, have an amount of risk that could generate a larger loss than our current liability insurance would cover?

Is our Umbrellas or Excess Liability policy pay on behalf of or reimbursement basis?

Does our Umbrella or Excess Liability policy term run concurrent with our primary Liability policy?

General Liability

Can I assume that my General Liability covers someone being injured on my property due to Assault and Battery?

Is my General Liability coverage limited to activity on my premises? Are there dangers in having multiple properties I own insured under one General Liability policy?

Can I assume that if an employee of my subcontractor is injured, any resulting claim against me is covered under my General Liability policy?

How do I verify that subcontractors or tenants have insurance coverage?

Are all entities that I do business under listed as named insured on my General Liability Policy?

Can I improve my coverage by requiring that the insurers of my building tenants and subcontractors add me as an additional insured and waive the insurer's rights of subrogation?

Can the lack of marking or signs on my parking lot be a source of General Liability claims against me?

Are potholes and other imperfections in my parking lot a potential source of general liability claims against me?

Is there a cost benefit in requiring that my tenants’’ general liability policies respond as primary insurance before my general liability policy has to pay in certain circumstances?

Do we know if our insurance is written with a risk purchasing group? Do I clearly understand the shortcomings between a risk purchasing group and conventional insurance?

Law & Ordinance

If, after a substantial covered Loss, Ordinances in my community require me to demolish the entire structure and rebuild, rather than repairing it...

... Would my property policy cover the cost of rebuilding the undamaged portion? Would my property policy cover demolition cost of the damaged portion?

If, after a Covered Loss, building codes require modification, would my property insurance cover these items? Sprinkler system, elevators, ADA compliance, energy efficient upgrades?

Businesses Served

Office Buildings
Warehouses
Strip Malls
Retail

Preferred Providers

C.N.A.
Building Owners (PDF)
Liberty Mutual
Building Owners (PDF)
State Auto
Shopping Center Platinum Plus (PDF)
EMC Insurance
Medical Offices (PDF)
Travelers
Building Owners (PDF)

Specialty Providers

Summit Holdings
Introduction to Summit (PDF)
Texas Mutual
Why Texas Mutual (PDF)
Why Workers’ Compensation (PDF)
ASI Corp.
Company Overview (PDF)