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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

Waypoint Insurance Advisors

7900 Excelsior Blvd, Suite 100
Minneapolis, MN 55343
Main office: 952-835-4848
Fax: 952-470-2142

Our Providers

Testimonials

Waypoint provides high-quality professional results for all your insurance needs. In my case, they were able to get me the highest-quality coverage for less money. In addition, they made recommendations that increased my protection. Waypoint surpassed my expectations! Call them today if you’re looking for the best.

Not only are they very knowledgeable about the industry, but they are willing to go the extra mile to find the best rates and policy for your family’s needs. They are very responsive to phone calls and emails and always make themselves available to answer and help with any questions that arise. We wouldn’t even consider going elsewhere. Waypoint came highly recommended by a friend, and we can definitely see why.

My family and I have been using Waypoint Insurance Advisors for many years and it’s for one reason: Personal Service. In an age of impersonal communications and a one-size-fits-all mentality, Waypoint stands out above the rest with their dedication to finding ME the right product at the right price, all with a personal touch. I highly recommend Waypoint.

I have worked with other insurance providers in the past who have claimed to be able to provide the best protection for the lowest price and never found one as honest and dedicated as Waypoint. They took the time to find out what I needed to have done and was able to increase my protection at the same time lowering my costs. Waypoint’s first concern is your concern. They put the customer first and this is what I was looking for in choosing an insurance agent.

Waypoint is extremely responsive and offers a personal touch second to none in my experience with insurance companies. It’s comforting to know I have a local insurance agent that is only a phone call away, no 1-800 numbers! I have referred many families to Waypoint and will continue to do so.