What it is
Commercial property insurance pays to repair or replace the physical assets your business owns or uses when they're damaged or destroyed by a covered event — fire, theft, vandalism, wind, and more.
What it covers
- Your building — if you own it, or improvements you've made to a space you lease
- Business personal property — furniture, equipment, machinery, and tools
- Inventory and stock — the goods you sell or use
- Business interruption — lost income while you're shut down after a covered loss (a common and valuable add-on)
The decision that decides your check
Replacement cost vs actual cash value. Replacement cost pays to buy new; actual cash value pays the depreciated value. On a ten-year-old roof or an aging machine, that difference is the difference between reopening and eating the loss. Check which one your policy uses.
What it doesn't cover
- Flood and earthquake — excluded from standard policies, available separately
- Injuries to other people — that's general liability
- Your business vehicles — that's commercial auto
- Employee injuries — that's workers' compensation
Many small businesses bundle property with liability in a Business Owner's Policy for a lower combined price.
What we do
We make sure your limits reflect what it would actually cost to rebuild and re-equip — not an old number that leaves you underinsured — and we shop it across carriers to fit your building, industry and location.
Let's get you covered.
Tell us what you need and we'll shop it across our carriers — or just ask a question first.