(949)582-5220

what we love to do

We design awesome things.
BUILDING OWNERS INSURANCE
Your investment properties are one of your most important lifetime investments.  But it can be difficult to keep unforeseen events from ruining that investment.

You don't want this to happen to you, do you?

How To Know Your Building Owners Insurance Is Dependable
Your commercial building is more than just an investment - it ties directly in to securing your future and retirement. The income received on this property is going to take care of you for the remainder of your life. Imagine a loss happening to this building and finding out that after all these years the property isn't properly insured. Not only does that affect the future of the building, it affects the future of you.

Three things that experts say all building owners should consider when purchasing Commercial Building Insurance:

1) Buying the right type of building coverage
2) Buying ENOUGH coverage for the building
3)Choosing the best broker policy to provide the policy

What type Of Building Owners Insurance To Purchase
Many building owners make a common fault by simply choosing a policy that has the lowest premium. Soon after, they often discover there are shortfalls in the policy that prevent them from being able to repair the building if needed due to a covered peril. A broad policy is usually a better choice rather than a named-peril type policy. This will insure that the building owner is covered for nearly every scenario possible.

How Much Insurance Do Building Owners Need?
The short answer is as much as they can afford. The long answer is as much as they need. In order to protect your building and everything that comes with it, at the very least these coverage options should be automatic:

Replacement Cost Coverage for the Building: To provide adequate coverage for the repair and replacement of the building.
Business Interruption Coverage: To provide reimbursement to the owner if tenants have to move out during repair/replacement of the building.
General Liability Coverage: To provide liability coverage to the owner in case of a lawsuit brought on by a legally liable event.

Other additional options include: Equipment Breakdown, Employee Dishonesty, Backup of Sewer or Drain Water, AND many more.
get aN ONLINE quote

what our clients have to say

"The peace of mind we have in knowing that you are handling our insurance needs is very comforting.  Thank you for the quality insurance services your company provides us.  Your quick responses, competitive pricing, and attention to detail have really helped our company as we continue to grow."
- Kristine Weatherly, CFO Spectrum Mechanical, Inc.
"We use SPIB for all of our commercial insurance needs. We consider them a valuable resource because they not only save us money, but they do an excellent job of evaluating our risks."
- David Weiss, El Toro Rojo, LLC
"SPIB has always provided us with efficient, friendly service. They are always professional with customer service a priority. I have never gone to one of them with a question without receiving a quick response. I have referred 2 other companies to SPIB for their insurance needs."
- Sandra Struss, Testa Construction