How Insurance Policies Differ for Businesses in Need of Foundation Repair
Commercial insurance can be tricky and not all insurance policies consist of the same terms. When signing up for a policy and when filing a claim following the discovery of damage to the property, there are several considerations to keep in mind.
First of all, make sure to know the named insured party who owns the policy. While this is obvious in the case of a residential policy, there may be several names listed on a commercial policy depending on the ownership structure at the time of incorporation or purchase.
Ensuring the claim is made under the correct name removes the opportunity to dispute the claim based on the wrong party name, which is likely to at least delay a decision on the claim if not cause it to be denied entirely.
Know the Policy Details Before You Need It
Understanding a commercial insurance policy also means knowing what the policy covers. Is the policy simply for the premises itself or does the plan also cover lost revenue, damaged equipment, and other losses? Making assumptions leads to greater sunk costs and delays in necessary repairs.
The time to know details is not when you suddenly discover the need for major foundation repair or waterproofing. When disaster strikes your business, you need to be focused on getting your operation back up and running as quickly as possible, rather than dealing with insurance companies and contractors.
As a business, your real property is most likely your greatest investment, and you want to know how best to protect it. This is where a company like Tom’s Basement Waterproofing comes in.
Trust the Foundation Repair Pros to Know
A trusted waterproofing and foundation repair team guarantees that every businessowner or property manager is 100% completely satisfied with the work done. With nearly half a century of excellence backing them up, the team at Tom’s Basement Waterproofing has the experience to help other businesses protect their largest assets.
As companies determine which commercial insurance policies are right for them, some other considerations include tailoring coverage to address specific risks or multiple locations.
The best way to deal with the need for foundation repair or waterproofing is tackling the issue before it gets even more costly. Call Tom’s Basement Waterproofing at 586-776-7270 or use our online contact form to schedule an inspection of your commercial property today!
Avoid Getting Tricked By Companies That Try To Sell Services You Really Don’t Need
Invest your money wisely and get a dry, strong basement. Your foundation depends on it. Your home depends on it. We have everything you need for interior and exterior basement waterproofing.
Your complete satisfaction is 100% guaranteed. That’s our business model, and that's why over 85% of our business comes from referrals!
With An A+ Rating From The Better Business Bureau

Since 1975, Tom’s Basement Waterproofing has been installing ALL types of waterproofing systems. We now have over 18,000 satisfied customers. Let us help you make the best decision to meet your interior basement waterproofing needs.
Basement leakage can result in serious weakness in the foundation, causing the foundation to settle and cause further damage. Water leakage and soil condition can also cause buckled walls, and a deterioration of the basement structure itself (Destroying your investment).

Our Services
All basement waterproofing systems are NOT the same. That's why you need an experienced basement waterproofing company and foundation repair team when disaster strikes your home or business. Do you really want to take a chance with the biggest investment of your life?
- • Guaranteed Basement Waterproofing
- • Interior Basement Waterproofing
- • Exterior Basement Waterproofing
- • Fixing Cracked And Bowed Walls
- • Permanently Fix Sinking Foundations
- • Quick And Cost-Saving Crack Injections
- • Experienced Wall Straightening
- • Interior Foundation Waterproofing
- • Trusted Storm Damage Repairs
- • Permanent Foundation Repair
- • Install Backup Sump Pumps
- • Experienced Basement Crack Repair
- • Wet And Leaking Basements
- • Quality Water Damage Repairs
- • Brick And Cement Repairs
- • Durable De-Humidification Systems
- • Guaranteed Home Waterproofing
- • Basement Waterproofing Solutions
