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Commercial Real Estate Insurance

Commercial real estate insurance protects you from losses caused by damage to property assets. Most businesses are vulnerable to the same threats as every other building—fire, flooding, vandalism, or even being struck by a vehicle that goes out of control. Many of these problems are something that cannot be reasonably prevented, making them eligible for coverage that can help repair the building or allow your company to move to a new location.

Commercial Real Estate Insurance Features

As the owner of a business, you know how difficult it is to run a smooth operation. The last thing you need is a disaster that damages your workplace so badly that you can no longer continue operating. Commercial real estate insurance makes the crisis something you can handle. Before you start shopping, though, here are a few things to keep in mind:

  • The first thing you should do is take stock of the company's physical assets. This includes your building, any paper records, inventory, office equipment, signs located outside, and anything else that qualifies as a physical asset.
  • You may not need to insure everything the business owns. If you decide something is not worth insuring, removing it from your policy could lower your monthly premiums and make it easier to insure what truly matters.
  • Most policies cover either the replacement cost (RC) or the actual cash value (ACV) of the insured items. Policies that include replacement cost are more expensive, but allow for full replacement without calculating any depreciation. Actual cash value policies consider the loss of value over time, and factor this difference in to any claims on the policy.

If you're not sure which policy options make the most sense for your company, ask one of our agents for more information and they'll help you make a decision.

Our Location

The Falls Insurance Center, Inc.

885 S. Holmes Ave
Idaho Falls, ID 83401
Main office: 208-523-7100
Fax: 208-529-0168

Our Providers

Testimonials

We have had a policy on our home, vehicles and our Recreational vehicles for almost 40 years with Falls Insurance. Our contact there, Christine, goes above and beyond for us. We have so appreciated the service we have been given, so when it was time to get our Medicare insurance, we contacted Falls Insurance. They were great. We met with Josh who explained all of the insurance benefits and even had costs for my meds. When I had a question he would immediately answer me with a phone call or email. I know most of the agents there and their service is excellent.

Jean A.
I first called Josh when I lived out of state and was contemplating moving to the Idaho Falls. He took the time to make us feel we would be welcomed to the area. We did indeed buy a home and he was even kind enough to check on the house while I was still 2500 miles away. He has helped us with all of our insurance needs and helped us navigate the Obamacare maze . He has saved us thousands of dollars per year with his knowledge and expertise of the insurance industry.

Nick P.