Commercial Property Insurance
Protect your buildings, equipment, and inventory
Commercial Property insurance covers damage to or loss of your business's physical assets — the building you own or lease, equipment, inventory, and more. Whether it's a fire, theft, or vandalism, property coverage ensures a single event doesn't wipe out years of investment.
What's Covered
What this policy covers
- Building and structural improvements (if you own the building)
- Business personal property — equipment, furniture, and inventory
- Tenant improvements and betterments (if you lease your space)
- Business interruption — lost income while you rebuild after a covered loss
- Extra expense — costs to operate out of a temporary location
- Signs, outdoor property, and equipment in transit
Who Needs It
Is this coverage right for you?
- Business owners who own their building
- Tenants with significant equipment or inventory
- Retail stores and restaurants
- Manufacturers, warehouses, and distribution centers
- Any business that couldn't absorb a major equipment or inventory loss out-of-pocket
FAQ
Common questions about Commercial Property
What is the difference between replacement cost and actual cash value?
Replacement cost pays to repair or replace with new items at today's prices — no depreciation deducted. Actual cash value deducts depreciation, meaning you receive less for older items. Replacement cost is worth the modest premium difference.
Does commercial property cover floods and earthquakes?
No. Standard policies exclude both. Flood requires a separate NFIP or private policy; earthquake requires a separate endorsement or policy. In California, both are worth serious consideration.
What is Business Interruption insurance?
Business Interruption (also called Business Income) covers lost revenue and ongoing fixed expenses (rent, payroll) if a covered loss forces a temporary closure. It fills the financial gap until you can reopen.
Should I buy a BOP or separate GL and Property policies?
A Businessowners Policy (BOP) bundles GL and Property and is usually more cost-effective for smaller businesses. Larger or higher-risk businesses may need standalone policies for broader coverage or higher limits.
Ready to get Commercial Property coverage?
We'll find the right carrier and limits for your specific situation — same-day quotes for most accounts.