All commercial property insurance policies consider these and other factors to determine the cost of your policy premiums:

  • Business type, history and location(s)
  • Payroll and gross sales receipts
  • Code-based fire protection
  • Any history of insurance loss or claim
  • Type of construction, building occupancy and square footage
  • Strategy for loss prevention

Have a business in Washington, D.C., Maryland, or Virginia? If you are unsure about calculating the right amount of commercial property insurance for your needs, start with an 80% of value rule-of-thumb, and check to see the values required by your insurance company. Then, contact Ashcraft Associates Insurance Agency to explore how we can use our decades of commercial insurance experience to your advantage.

Commercial Property Insurance Providers Serving VA, MD, and DC