• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Tilghman Insurance

North Myrtle Beach

Covering all your Insurance Needs since 1949

  • Home
  • About
  • Products
    • Business Insurance
    • Health Insurance
    • Home Insurance
    • Life Insurance
    • Personal Auto Insurance
  • Request Quote
    • Automobile Quote
    • Property Quote
  • Contact Us
  • Email Insurance Claim
  • Reviews
  • Privacy Policy

Commercial Property Insurance

Property insurance protects small business owners from losses due to damage to physical space or equipment and as a result of theft. For insurance purposes, a business’ property includes the physical building in which it resides, as well as its other assets. All of the following, owned or leased, can be considered business property:

  • The actual building
  • Inventory
  • Furniture, equipment and supplies
  • Machinery
  • Computers and other data processing equipment
  • Valuable papers, books and documents
  • Artwork and antiques
  • Television sets, VCRs, DVD players, satellite dishes
  • Signs, fences and outdoor property not attached to a building
  • Non-tangible items such as trademarks and copyrights

There are three types of property insurance plans:

  • Basic form, which includes losses resulting from a fire, lightning, windstorm, hail and explosion, plus the cost of removing property to protect it from further damage.
  • Broad form, which includes basic plus extended coverage for other types of perils, such as a roof collapse (e.g. caused by snow or ice), riot and civil commotion, etc.
  • Special form, which includes basic and broad, and covers all direct physical losses except conditions specifically excluded as listed in the policy.

With property insurance you can buy either actual cash value or replacement cost insurance.

Actual cash value insurance reimburses you for the value of lost, damaged or stolen goods after depreciation is taken into consideration. Replacement cost insurance reimburses you the amount it would take to replace, rebuild or repair damages with materials of similar kind and quality, without deducting for depreciation.

Business Interruption/Continuation Insurance
This type of insurance covers lost earnings due to a circumstance covered by one of the property insurance plans you purchased, such as a fire or theft that shuts down your business for an extended period of time. Business interruption/continuation insurance covers expenses associated with running a business, such as payroll and utility bills, based on the company’s financial records.

Business interruption/continuation coverage can be added to a property insurance policy or purchased as part of a package insurance product.  

Interested in Commercial Property Insurance? Please contact Tilghman Insurance of North Myrtle Beach today!

Primary Sidebar

Quick Links

  • Email Insurance Claim
  • Personal Auto Insurance
  • Home Insurance
  • Business Insurance
  • Life Insurance
  • Health Insurance
  • Financial Services
  • Request Quote
  • Property Quote
  • Reviews
  • Contact Us

A Professional Agency with Personal Service Tilghman Insurance Agency, Inc. is a firm of proven professionals and caring, conscientious people; the kind of people you can depend on. We are committed to a high standard of excellence in all that we do.
We Offer You Complete Insurance Programs

Tilghman Insurance is an independent insurance agency specializing in personal, business and life and health insurance serving North Myrtle Beach and the surrounding areas. We are licensed in both South and North Carolina. We take pride in offering you the best product for your needs at the most competitive price in the marketplace thru our association with many of the leading carriers in the southeast.

We are a 70 year old company, with a staff that has over 200 years combined insurance experience. We have quite literally seen it all thru the hurricanes, flooding, fires and whatever else can happen to you or your property. Let us work with you to help determine your insurance needs. We are committed to customer service with our team of dedicated professionals. We look forward to the opportunity to earn your business. Give us a call or send an email to get started.

Footer

Leave Us a Review

905 Second Avenue N, North Myrtle Beach, SC 29582 | Tel: 843-427-4415
Copyright © 2021. Tilghman Insurance Agency, Inc.. Website designed by Southern Tide Media