Commercial Property Insurance for Your Business
While liability insurance can help protect against accidents and mishaps in the workplace, they do not cover a loss that involves your building or property in your building. This is why it is important to carry a Business Property Insurance Policy.
A Business Property Insurance policy may cover a loss involving your building or property inside your building. An example of a loss that may be covered under this policy would be a fire burning your building down and the contents inside. Business Property Insurance can also cover damage to your outdoor signs, fence and other property inside your business.
Some of the events that may cause a loss that can be covered by a Business Property Insurance Policy include vandalism, burst pipes, fires, theft and more. A basic property insurance policy likely does not cover losses caused by earthquakes, although this coverage could be added to your policy.
Why Do I Need Business Property Insurance and What Does It Cover?
Business Property Insurance protects your building, equipment, and assets from losses caused by events such as fire, theft, vandalism, or burst pipes. It can also cover outdoor signs, fences, and property inside your business. While liability insurance protects against accidents, only a property policy ensures your physical assets are secure. Optional coverage, such as earthquake insurance, can also be added for extra protection.
Protect Your Building, Assets & Equipment from Unexpected Losses Caused by Fire, Theft, Vandalism and More.
Building & Contents Coverage
Protects your building and everything inside, including equipment, furniture, and inventory, from covered losses.
Outdoor Property Coverage
Covers damage to outdoor signs, fences, and other property located outside of your business premises.
Protection from Common Risks
Provides coverage for losses caused by fire, theft, vandalism, burst pipes, and other unexpected events.
Optional Policy Add-Ons
Basic property insurance excludes earthquakes, but additional coverage can be added to fit your business needs.
