• Home
  • Get A Quote
  • Customer Service
  • Refer a Friend
  • About Us
  • Employee Directory
  • Privacy Policy
  • Contact Us
Call Us CALL US TODAY | (800) 282-2000
Español
 
  • Home
  • Existing Customers ▼
    • Customer Portal
    • Policy Changes
    • Request ID
    • Make a Payment
    • Submit Claim
    • Refer a Friend
  • Get a Quote
  • Resources ▼
    • Remco Insurance Products
    • Secure File Area
    • Insurance Glossary
    • Blog
  • About Us ▼
    • About Us
    • Locations
    • Privacy Policy
  • Contact Us


 

Auto Insurance Auto
Homeowners Insurance Home
Business Insurance Business
Life Insurance Renters
Watercraft Insurance Watercraft
Motorcycle Insurance Motorcycle
Auto Insurance Classic Car
Homeowners Insurance Instant SR22
Business Insurance 24HR Roadside
Life Insurance Property
Watercraft Insurance Flood
International DL Help International DL Help
Temporary Plates Temporary Plates
Home > Blog > How Do Public Entities Minimize Property Risk?
FRIDAY, APRIL 13, 2018

How Do Public Entities Minimize Property Risk?

Public Entity Building

Public entities have unique types of building structures. That is, they have different commercial property insurance risks. They also can be a bit more difficult to manage in terms of risks.

These structures tend to have very high values. They also have different risk exposures than similar business properties. Those risks have more to do with the experiences people have within public entities than true commercial activity. So, these types of structures need a unique, tailored type of insurance coverage.

What Can You Do To Reduce Risk?

The first step is always the same. The commercial property insurance policy the structure or space maintains must match the types of activities that happen there – as well as any area-specific concerns.

As with any type of property insurance, this plan should address the value of the space and the way the owner uses it. Therefore, having a customized, specific policy in place is essential. It helps to keep your space protected from risks.

Also, consider ways to make the space safer. What would you do if this your entity was located in a traditional storefront or a private piece of property? A good step would be to secure it.

Proper security of public entity spaces is a bit more difficult, but still must occur. In some cases, this means the use of electronic surveillance systems. In others, it means having a security service or police presence at the location.

The goal here is twofold. First, having security means that you can minimize dangers and risks that do occur. And, the presence of security alone can ward off those who would try to steal from or vandalize the space.

An important step in minimizing risks is to work with an insurance agent to create an audit of the space. This will involve meeting at the location and examining it. The goal will always be to determine what the underlying cause of the problem is. It will also mean considering the overall concerns at the location such as the people that use it, the types of activities that may be too high of a risk, and the overall security present.

This audit will help illustrate risk. It is then possible to mitigate that risk through preventative steps.

In every situation, the public entity space needs a plan for safety. That comes in the form of the right commercial property insurance that is up to date.

Have questions about insuring your public entity? Contact Amco & Remco Insurance for more information today.

Posted 3:00 PM

Tags: business insurance, commercial property insurance, general liability insurance, public entities, insurance, coverage, amco remco insurance
Share |


No Comments


Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016

  • insurance(17)
  • coverage(14)
  • business insurance(14)
  • home insurance(10)
  • renters insurance(8)
  • auto insurance(8)
  • amco and remco insurance(7)
  • commercial auto insurance(6)
  • boat insurance(5)
  • auto(5)
  • liability(5)
  • remco insurance(5)
  • tips(5)
  • amco insurance(3)
  • protection(3)
  • flood(3)
  • claims(3)
  • car(3)
  • damage(3)
  • commercial property insurance(3)
  • flood insurance(3)
  • renters(3)
  • general liability insurance(3)
  • homeowners insurance(3)
  • home(2)
  • car insurance(2)
  • general(2)
  • amco remco insurance(2)
  • workers(2)
  • motorcycle insurance(2)
  • commercial(2)
  • compensation(2)
  • policy(2)
  • roadside assistance(1)
  • e and o insurance(1)
  • amco and remco auto insurance(1)
  • business(1)
  • marriage(1)
  • flooding(1)
  • records(1)
  • covid-19(1)
  • austin boat insurance(1)
  • gear(1)
  • policy cancellations(1)
  • boiler(1)
  • types of business insurance(1)
  • landlords(1)
  • sr-22 insurance(1)
  • instant sr22(1)
  • rate increase(1)

View Mobile Version
Auto Insurance AUTO
Home Insurance HOME
Business Insurance BUSINESS
Renters Insurance RENTERS
Watercraft Insurance WATERCRAFT
Motorcycle Insurance MOTORCYCLE
Classic Cars Insurance CLASSIC CARS
SR22 Insurance SR22
24Hr Roadside 24HR ROADSIDE
Facebook
Twitter
LinkedIn
YouTube
Google+
Twitter Logo
Tweets by remcoins
Have Questions? We Have Answers! Our Background Submit A Claim Job Openings Crime Maps About Owner

Resources

Home About Us Our Team Partners Jobs Contact Us Agent Login View Mobile Site

Contact Us

Map Pin
  • Mailing Address
  • PO Box 17068
  • Austin, TX 78760
  • _
  • O: (800)282-2000
  • E: sales@remco.com
© Copyright 2018. All rights reserved. Rahim Peerbhai - Amco and Remco Insurance Companies