Business Property Insurance
Protect the space, tools, and assets that keep your business running.
What is business property insurance?
Business property insurance — sometimes called commercial property insurance — helps cover the cost to repair or replace the items your business owns or leases if they’re damaged by a covered event.
This can include everything from furniture and computers to tools, signage, and fixtures.
If you own the building your business operates from, the structure itself can also be included in the coverage.
When you combine Business Property Insurance with General Liability Insurance, it forms a Business Owner’s Policy (BOP) — a simple, affordable way to get broader protection in one package.
Who needs business property coverage?
You should consider this coverage if:
You own or lease an office, retail, or warehouse space
You have furniture, signage, or computer equipment
Your business uses tools, machinery, or specialized gear
You store inventory or stock valuable goods
Even home-based businesses can benefit — homeowners insurance typically doesn’t cover business property.
What does it cover?
A typical business property insurance policy typically covers damage caused by:
Fire or lightning
Smoke damage
Theft or burglary
Vandalism
Water damage from burst pipes
Explosions
Policies can be tailored to fit your specific operations and location. Always review your coverage for exclusions and optional add-ons like equipment breakdown or business interruption insurance.
Ready to protect your business assets?
Let’s help you compare property coverage options from our carrier partners.