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Business Catastrophe Insurance in Waukee, Grimes, and Dallas Center, IA

Business catastrophe insurance is an additional level of coverage that goes above and beyond the standard business policy most small and medium-sized companies have. As a business owner, you want to be absolutely sure that your investments are protected in case of unforeseen calamity—nobody wants to see all of their hard work destroyed by fire, theft, or anything else. However, every policy has its limits, and if the damage to your business is so severe that it exceeds the limits of your current business or property coverage, you'll be expected to pay the difference yourself.

Business Catastrophe Insurance Features

Business catastrophe insurance comes into play to prevent you from having to pay the excessive cost of a catastrophic loss. If you exceed the normal limits and the claim is for a qualifying event, this coverage will provide an additional level of protection and reduce or eliminate the portion of the claim that you would otherwise have to pay out of your own pocket. Here are the important things to know about this policy:

  • Business catastrophe insurance coverage amounts are proportional to individual business types and indemnity periods. Most companies purchase this policy and get at least one million dollars of coverage, just to be absolutely sure they have the protection they need if something goes extraordinarily wrong. Sometimes these extraordinary situations can arise due to the nature of a certain business, or because of a freak accident or natural disaster. One of our agents can help you determine an appropriate coverage length and amount.
  • This coverage may protect you from things your normal policies do not. While the specifics depend on the plan you get, business catastrophe insurance is usually offered as an umbrella policy that can cover almost anything that might occur.
  • This is the last resort, not the first. If a claim is covered by your normal policy and doesn't exceed those limits, your business catastrophe policy will not be utilized. Its main purpose is protecting you against particularly large claims, just in case something goes wrong and you truly need the extra protection.

For more information about business catastrophe insurance, give GIT Insurance a call today.

Our Locations

GIT Insurance

245 NE Venture Dr
Waukee, IA 50263
Main office: 515-897-4448

Fox Insurance Agency

1302 Walnut St
Dallas Center, IA 50063
Main office: 515-992-3732

Our Providers

Testimonials

GIT Insurance is more than just about the cost savings. They have been an insurance counselor during our families time of need. When they show their appreciation for our business all I can express is how thankful I am that they are our agent.
Bill M
Thank you so much GIT Insurance, who has by far done more for me than any other company and you've earned a customer for life!
Cody M
I can't thank GIT Insurance enough! They cut our bill to a third of what we were paying before! Amazing! Thanks to all who suggested GIT!
Celina V
A shout out to the best agent in the world (at least the best of the best in Central Iowa)! It feels like a whole new world out there driving without a HUGE crack on our windshield. We have delayed months to repair it as big expenses kept coming up. We were sure we had to pay to replace it ourselves as it would be under our deductible. It prompted me to send him a quick e-mail to check on coverage. He said we had zero deductible for windshield replacement and wrote exactly what to do to file claim - if you don't think you need an agent since you can get everything online these days, think again. You would have lost out on an exceptional service that GIT can provide you.
Suyau W
Agent helped me through a crisis claim situation and the service was beyond excellent!
Mark V
GIT Insurance (clever name) conveniently through the internet and email, but yet have that customer service or claims specialist at the agency to help you in your time of need.... Perfection!
Bryan I
GIT Insurance increased my coverage and lowered my cost….what could be better! Thank you for your help.
Joel P
We appreciated GIT Insurance time and expertise in trying to sort out our insurance issues. Their insight was tremendously helpful. A lot of clients are going to benefit from their time and counsel.
Jay B
Great timely service anytime I need to update my policy or have any coverage questions.
Karen S
GIT Insurance takes a very detailed and educational approach in arriving at the best solution specific to the customer's needs. So many options exist from a carrier and product standpoint that a customer runs the risk of making a costly mistake in the purchasing process. Life insurance is primarily for income replacement, not investment, thus a term life policy allows people to obtain a sizable amount of coverage with one of their quality carriers at a very affordable price. GIT Insurance makes a significant impact on the strength of the client's overall financial plan, which gives tremendous peace of mind!
Ross, Certified Financial Plannner