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Business Catastrophe Insurance in St. Louis, MO

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 Graves Insurance Group a call today.

Our Location

Graves Insurance Group

10097 Manchester Rd, STE 100
St. Louis, MO 63122
Main office: 314-266-3834
Fax: 314-394-2122

Office Hours:

Mon: 9:00 AM - 5:00 PM
Tues: 9:00 AM - 5:00 PM
Wed: 9:00 AM - 5:00 PM
Thurs: 9:00 AM - 5:00 PM
Fri: 9:00 AM - 5:00 PM
Sat: Closed
Sun: Closed

Our Providers

Testimonials

Bob and his team are such a pleasure to work with. They have taken great care of me, my family and my business needs and always with my best interest in mind.
- Christopher T., customer since 2009
Great service! Always available to answer questions.
- James S., customer since 2014
I know I have the best insurance option available and feel safe from a business standpoint knowing I'm covered.
- Steve B., customer since 2015
You and your staff kick ass. Whenever I have a request or question you guys knock it out of the park with responsiveness and timely response.
- Matthew G., customer since 2015
I mostly appreciate your responsiveness - when I call Graves Insurance, I get an answer along with a plan. Your commitment to service couldn't be more clear. In fact, just last week, I called on behalf of a FRIEND - it wasn't even for me - and your office manager gave me the information I needed. That's just awesome (thanks Amanda.) Also, Bob Graves is pro-active - more than once he has reached out to tell us about anticipated changes in the market and also provided some options to deal with it.
- James V., customer since 2009
Graves Insurance Group has always given us great service. We are been with Graves Insurance for five years for our auto and home insurance. Our premiums have been very fair and reasonable. We have had to make several claims in five years and we get the same level of great service. Thanks Bob and Team!
- Thomas N., customer since 2011
Bob and his team always deliver excellent customer service! Bob is very knowledgeable in the insurance industry. Thank you for all you do and making this one less thing I have to worry about!
- Elizabeth W., customer since 2011
You were personable, thorough, patient, and had follow through with your actions. I appreciate feeling like a new friend, rather than just a customer!
- Customer since 2016