Your building, equipment, and inventory are what keep your doors open. Commercial property insurance protects them against fire, wind, hail, theft, vandalism, and other covered losses — and helps replace the income you’d lose while you rebuild.
What commercial property covers
- Buildings you own, including permanently installed fixtures
- Business personal property — furniture, computers, tools, and equipment
- Inventory and stock
- Tenant improvements you’ve made to a leased space
- Business income and extra expense when a covered loss interrupts operations
- Outdoor signs, fences, and property in the open, depending on the policy
Coverage worth asking about
- Equipment breakdown for boilers, HVAC, refrigeration, and electrical systems
- Spoilage for restaurants, grocers, and farm markets
- Inland marine for tools and equipment that travel to job sites
- Ordinance or law coverage for older buildings that must be brought up to code after a loss
- Flood, which standard policies exclude
Getting the values right
The most common problem we see is a building or contents limit that hasn’t kept up with rebuilding costs. We review your values at every renewal so a claim pays what it should — without overpaying for coverage you don’t need.
Many small and mid-sized businesses can combine property and liability in a Business Owners Policy. Ask us which option fits your business.
