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Virginia Commercial Insurance Coverage

Commercial Insurance

Commercial Insurance

There are many factors to consider regarding commercial insurance for your Virginia business. A Distinctive Financial Group agent can help you determine the best options depending on your industry and the associated risks. In the meantime, here is some valuable information on the types of coverage available.

Property and Liability

Also known as property and casualty insurance, this type of coverage protects against losses related to business activities.

Terrorism Coverage

In the aftermath of the 9/11 terror attack on the World Trade Center, the federal government introduced the Terrorism Risk Insurance Act, which enables the federal government and insurance companies to share risks associated with terror attacks.

Types of Losses

Property insurance is usually based on the replacement cost or actual cash value of an asset.

Other Types of Commercial Insurance

Here are some examples of additional coverage available for your business.

Builders’ Risk Coverage covers buildings undergoing construction based on the completed value of the finished building or on the reported value of the building.

Business Interruption Insurance covers earnings lost due to damage or destruction of property. It reimburses you for taxes, salaries, rents, and expenses that would have occurred had you not experienced a business interruption.

Inland Marine Insurance covers property that are potentially subjected to theft, loss and damage while in transit.

Glass Coverage covers all risks for broken glass. It's often purchased by companies with a lot of plate glass to protect against damages that are sometimes excluded from commercial property policies.

Commercial Crime Coverages reimburses losses related to your stock and fixtures and covers events such as robberies and burglaries.

Contact Distinctive Financial Group today to schedule a no-obligation quote to protect your business in Virginia today!

At A Glance

  • General Liability
  • Worker’s Comp
  • Business Owner’s Package
  • Builder’s Risk

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What we offer

Our Trusted Partners

  • Wellcare
  • Aetna
  • Anthem
  • Cigna
  • Delta
  • Humana
  • Mutual of Omaha
  • National General
  • Optima
  • Progressive
  • Sagesure
  • Silverscript
  • State Auto
  • United Healthcare
  • Universal
  • Wellcare
  • Aetna
  • Anthem
  • Cigna
  • Delta
  • Humana
  • Mutual of Omaha
  • National General
  • Optima
  • Progressive
  • Sagesure
  • Silverscript
  • State Auto
  • United Healthcare
  • Universal