Commercial Real Estate
Look at every structure in America, someone, somewhere, owns it. Landlords and commercial building and property owners have found an effective way to let their assets generate passive income. Although most that are commercial property owners have come a long way, they can still be vulnerable. A fire, earthquake or other loss can suddenly interrupt the rental revenue; this could place any real estate owner in a deep, dark financial hole; especially if that real estate is leveraged, as most is. What are you going to do to stay afloat financially? Have a plan? Need one? The coverage and Risk Management experts at Conrey Insurance Brokers and Risk Managers know all about the specialized coverage that will keep you financially afloat should a loss arise that renders your building, or a portion, not tenantable.
We find that many building owners’ coverage, as written by our “competitors,” lack adequate protection for the cost of true replacement, inclusive of architectural fees, building permit fees, demolition and damaged property removal and disposal – all of these potential losses must be part of coverage consideration. If you own commercial real property, and would like a fresh pair of eyes to review your risk and current coverage, consider letting the experts at Conrey Insurance Brokers evaluate your present protection and make sure you are properly protected. This is what we do, and you’d be surprised at how many times the result of such a review is to learn, before a loss thank goodness, that the coverage the owner was relying upon fell far short of what would be necessary. Don’t be the victim of underinsurance.
