Personal property insurance that covers your car and home is important, but it’s equally important to insure places of business and rental properties that you own. However, finding quality Miami property insurance can be a much trickier prospect than finding insurance for more common types of properties.
Here are some tips to help your find the best quality commercial property insurance to suit your needs.
Look for a specialist
Look for someone who specializes in insuring your type of property. For example, if you need hotels insurance in Florida, find a carrier who insures hotels specifically. Many companies that offer commercial insurance provide coverage for several different types of properties. In this case, make sure that you talk to an agent who has experience with your type of business or property.
Get an appraisal
An appraisal is the best way to make sure that your coverage – and the cost of your policy – is as accurate as possible. Suppose you are purchasing hotels insurance in Florida;it is essential to get an accurate cost appraisal of the hotel you are buying a policy for. Call in a third party appraiser if necessary.
Evaluate the coverage you need
Evaluate what you really need out of your Miami property insurance. How high do you want your personal liability deductable to be? Do you want to add additional coverage for floods or earthquakes? Ask yourself these important questions before committing to an insurance policy.