Commercial Property Insurance
35+
Insurance Partners
1.5 Million+
Trusted Customers
1.5 M+
Policies Sold
Proposal Details
What is Commercial Property Insurance?
Commercial Property Insurance protects your company's physical assets—such as buildings, equipment, inventory, and furniture—from fire, theft, and natural disasters.
Types of Commercial Property Insurance
Different policies cover different aspects of commercial property:
Building Coverage
Protects the physical building structure, including walls, roofs, and installed fixtures.
Business Personal Property
Covers contents like furniture, machinery, equipment, and inventory within the building.
Business Interruption
Compensates for lost income if your business operations are halted due to a covered peril.
Equipment Breakdown
Covers the cost to repair or replace equipment that breaks down due to mechanical or electrical failure.
Who Should Buy Commercial Property Insurance?
Any business that owns or leases physical space should have this insurance:
Property Owners
Manufacturers
Warehouses
Retailers
Office Buildings
Service Businesses
Features of Commercial Property Insurance
Key features that protect your business assets:
1.
Comprehensive Coverage
Protects against a wide range of perils including fire, theft, vandalism, and natural disasters.
2.
Customizable Policies
Policies can be tailored to the specific needs of your business, whether you own a small shop or a large manufacturing plant.
3.
Business Continuity
Ensures that your business can recover and continue operations quickly after a significant loss.
What’s covered in Commercial Property Insurance?
Coverage typically includes damage from:
Fire and lightning strikes
Theft and burglary
Vandalism and malicious mischief
Windstorms and hail
Explosions
Water damage from burst pipes
Vehicle or aircraft impact
Smoke damage
Equipment breakdown/machinery failure
Business interruption/loss of income
Debris removal costs
Damage to glass and signs
Electronic data restoration
Employee dishonesty (optional)
Ordinance or law coverage
What’s Not Covered in Commercial Property Insurance?
Standard policies typically exclude:
Flood damage (usually requires separate policy)
Earthquake damage (usually requires separate policy)
Wear and tear / maintenance issues
Employee theft (unless specifically added)
War and nuclear hazards
Intentional damage by the insured
Government seizure of property
Pollution or contamination cleanup
Frequently Asked Questions
It typically covers damage to the building itself and the contents within, including machinery, office equipment, stock, and personal property of employees.
Business Interruption coverage is often an optional add-on that covers lost income and operating expenses if your business is forced to close due to a covered peril.
Premiums are based on the value of your property, location, type of business, construction of the building, and fire protection systems in place.