Commercial Property and Business Insurance
South Carolina Farm Bureau Insurance Companies offers several types of
Commercial Property and Business Insurance policies to help meet your
commercial and business insurance needs.
Special Multi-Peril Policy: This is a package policy that combines
property and liability coverages. This policy is typically written on small
offices, retail merchants, and churches.
Commercial Fire Policy: This is a monoline policy that only covers
property for the perils listed in the policy. There is no liability coverage
provided in this policy. The Commercial Fire policy is typically written for
commercial property in more rural areas, such as a country store.
Commercial General Liability Policy: This policy normally provides
liability coverage for properties that are written on our Commercial Fire
policy. The Commercial General Liability policy provides liability coverage for
the premises operations only.
Commercial Umbrella Policy: The Commercial Umbrella policy provides
excess liability coverage beyond the liability limits provided by the
Commercial General Liability policy or the Special Multi-Peril policy. It is an
excess policy, therefore carrying the underlying Commercial General Liability
policy or the Special Multi-Peril policy is a requirement. It can also be
endorsed to cover business use vehicles.
Contractor's Equipment Policy: This is a physical damage policy used to
provide coverage for equipment used in certain commercial operations. Examples
of equipment covered by this policy are landscaping equipment, such as
lawnmowers, bulldozers, and backhoes.
Deductibles
The deductible is the amount of the loss for which you are responsible.
There are also other available coverage options to further customize your
insurance plan. For more information, please contact your local
South Carolina Farm Bureau Insurance Companies agent.
This information is only a general description of the available coverages and is
not a contract. All coverages are subject to availability and qualifications.
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