Commercial property insurance is designed to help cover the cost of unexpected events, so you don’t have to shut down your Littleton, CO business. Sometimes, normal wear and tear can lead to catastrophic consequences, so it makes sense to wonder whether your policy will provide coverage. 

Normal Wear and Tear is Excluded

Unfortunately, normal wear and tear, like a few missing shingles, is one of the most common exclusions. That means if missing shingles cause leaks that destroy your inventory, your policy won’t cover the cost of inventory replacement either. Policies are usually designed for unexpected events, such as a tornado or fire, not events that go hand in hand with owning property. 

Neglect is Also Excluded

Failing to perform proper maintenance on something is usually excluded alongside normal wear and tear. For example, if a business owner fails to perform roof maintenance and the roof is further damaged during a covered event, the claim will likely be denied. It’s important to keep up with maintenance on the building to prevent future damage. 

Other Exclusions

Most policies have a list of exclusions in the fine print. Many exclude intentional damage by the owner. Some require a police report for damage by employees. There may be certain natural disasters that are excluded. It’s always important to speak with an agent at Front Range Insurance Services to learn more about your coverage. 

Here at Front Range Insurance Services, we’ll take the time to make sure you understand your commercial property insurance, including any exclusions you may have. Contact us today to learn more. We’re currently serving the Littleton, CO area.