847-970-5524

Commercial Real Estate Insurance in Mundelein, Libertyville & Vernon Hills, IL

Commercial real estate insurance protects you from losses caused by damage to property assets. Most businesses are vulnerable to the same threats as every other building—fire, flooding, vandalism, or even being struck by a vehicle that goes out of control. Many of these problems are something that cannot be reasonably prevented, making them eligible for coverage that can help repair the building or allow your company to move to a new location.

Commercial Real Estate Insurance Features

As the owner of a business, you know how difficult it is to run a smooth operation. The last thing you need is a disaster that damages your workplace so badly that you can no longer continue operating. Commercial real estate insurance makes the crisis something you can handle. Before you start shopping, though, here are a few things to keep in mind:

  • The first thing you should do is take stock of the company's physical assets. This includes your building, any paper records, inventory, office equipment, signs located outside, and anything else that qualifies as a physical asset.
  • You may not need to insure everything the business owns. If you decide something is not worth insuring, removing it from your policy could lower your monthly premiums and make it easier to insure what truly matters.
  • Most policies cover either the replacement cost (RC) or the actual cash value (ACV) of the insured items. Policies that include replacement cost are more expensive, but allow for full replacement without calculating any depreciation. Actual cash value policies consider the loss of value over time, and factor this difference in to any claims on the policy.

If you're not sure which policy options make the most sense for your company, ask one of our agents for more information and they'll help you make a decision.

Schultz Insurance Services, Inc.

505 E. Hawley St. #220

P.O. Box 864 Mundelein, IL 60060

Main office: 847-970-5524
Fax: 847-388-4746

Office Hours:

Mon: 8:30 AM - 5:00 PM
Tues: 8:30 AM - 5:00 PM
Wed: 8:30 AM - 5:00 PM
Thurs: 8:30 AM - 5:00 PM
Fri: 8:30 AM - 5:00 PM
Sat: By Appointment
Sun: Closed

Our Providers

Testimonials

Mike is great! Always personable, timely, helpful, and extremely competitively priced.
Corey
Great Company. They helped us out to get the best coverage for our business at the best price.
Baha Auto Group
Mike has been our agent for 25 years. He has always provided the utmost in service and has saved us a great deal of money on premiums without our having to ask. I highly recommend Mike for all your insurance needs.
M Burns
Excellent service. Went above and beyond to find us insurance that met our needs. Would highly recommend.
Sandy S
Very good company. I've been with them for 15 years . They always on top of thing's and they have the best customer service.
H Hamza
I work with Mike Schultz on both a personal and business level and I am very pleased with the personal attention as well as his quick response time. If anyone needs an insurance agent Schultz Insurance Services, I highly recommend.
Cathy G
I've been a long time customer. Couldn't be happier with the service
J Maher
Best insurance company I have ever worked with. They are efficient, professional and very competitive in price. Premium Heating & Cooling.
Premium Heating & Cooling
Schultz Insurance provides top-quality customer service. When we need Certificates, Bonds and/or Special Coverages they are quick to respond, which in turn keeps our customers happy.
Markgraf Heating and Air -Long Grove
I own a business for 12 years and from my first day on I'm dealing with Mike Schultz for all my business & health insurance, He is very knowledge about his work and he always found a great - but most important for me is he is always available when I need him.
Mike M
Schultz Insurance always provides excellent service. They are professional and quick to respond to our changing insurance needs. They are committed to knowing their customers and finding the best insurance coverage to fit their situation.
M. Small
We've worked with Mike for many years. He has always done great work. Always professional and provides excellent service.
S Sundquist
When we have questions, concerns or need service Schultz Insurance has always been there for us.
Austrian Bakery