Commercial Real Estate Insurance in Florida

Boca Raton, Delray Beach, Boynton Beach, Palm Beach, Martin, Dade, Saint Lucie, Broward County & the surrounding areas

Do you own commercial property? Are you investing in apartment buildings? Do you rent commercial office space to others (and maybe occupy some of it yourself)? If you answered “yes” to any of these questions then we need to talk about your insurance program! At Park & Associates we believe that you’ve worked hard to build your assets so you should want to protect them.

Specialty Programs

If you are an office condo, shopping center, medical center, or lessors’ risk only exposure we have the solution for you. We are excited to offer premier coverage and premium for commercial property owners whose building can be described by the following:

• Building value between $5MM-$20MM
• Built in 2007 or newer
• 7 stories or less

Fill out the form or upload your current insurance documents using the links below. One of our insurance advisors will reach back out within 24 hours to discuss your insurance needs!

Why Park & Associates?

Born and raised in south Florida we have been writing commercial property in the area as long as we can remember. Let us help you develop your risk profile and properly represent you to the marketplace to secure insurance coverage for your unique situation. We work in 3-year increments and implement a proactive service calendar.

Why Is Coverage So Important?

Your property exposure is from electrical wiring, plumbing and heating units. Some tenants may have small kitchenettes for use by their employees. It is important that the owner be aware of the electrical demands of tenants and that there is adequate wiring in place to handle. If the building has any unique architecture or design, valuation may be a concern. Business interruption could also be a concern should a loss occur and tenants be unable to access the building. This could affect your income from loss of rental income.

Your premises liability exposure can be high due to the number of tenants and visitors on premises. Hallways must be adequate and free of debris with flooring in good condition, no frayed or worn spots on carpet, and no cracks or holes in flooring. There must be sufficient interior and exterior lighting and well-marked exits, with backup systems in place in case of power failure. Parking lots and sidewalks need to be in good repair, and generally level and free of exposure to slip and fall. Security of tenants and visitors, both inside the building and in parking areas, is rapidly becoming the responsibility of the owner or operator of the premises. Personal injury losses may occur due to alleged wrongful eviction, invasion of privacy, or discrimination.

Minimum recommended coverages:

• Building
• Business Personal Property
• Business Income
• Accounts Receivables
• Valuable Papers & Records
• General Liability
• Hired & Non-owned Auto
• Umbrella
• Flood
• Equipment Breakdown
• Cyber Liability