Commercial insurance · 02 of 05
Commercial property insurance
Coverage for your building, equipment, inventory, and the income you'd lose if you couldn't operate.
The income piece is the one most owners underestimate.
Who needs a second look
- Anyone who's added equipment without updating their schedule
- Businesses whose inventory value swings seasonally
- Owners who've never calculated how long they could survive a shutdown
- Anyone leasing space and assuming the landlord's policy covers their contents
What it typically covers
- Buildings you own
- Equipment, machinery, tools, and furnishings
- Inventory and stock
- Business interruption — lost income while you're shut down
- Tenant improvements if you lease
- Property in transit or at job sites, depending on the policy
Common questions
It replaces income while you're unable to operate after a covered loss. Rebuilding takes months; payroll and obligations don't pause. This is frequently the difference between reopening and not.
Sometimes, sometimes not. If you take tools or equipment to job sites, say so — it changes what you need.
Actual cash value pays depreciated value, which on older equipment can be far less than replacing it. We'll show you the difference on your own schedule.
You insure the business. Has anyone looked at the whole picture?
Coverage, benefits, key people, retirement, and what eventually happens to the company — reviewed together, once a year.
The Owner's Table