Coverage for sewer backup/overland water/flood may be optional and location‑dependent. We'll check availability and limits based on your address and loss history.
One fire, break‑in, or water event can shut a business down. Commercial property insurance helps repair or replace your building, contents & equipment, and stock after covered losses-and with Business Interruption, it can help replace lost income so you can keep paying staff and bills while you recover.
One fire, break‑in, or water event can shut a business down. Commercial property insurance helps repair or replace your building, contents & equipment, and stock after covered losses-and with Business Interruption, it can help replace lost income so you can keep paying staff and bills while you recover.
| Category | What it covers | Notes |
|---|---|---|
| Building | Structure, permanently installed fixtures, exterior signs (by wording), paved surfaces, fences | Landlord or owner‑occupied risks; consider By‑Law/Ordinance A/B/C for code upgrades |
| Contents | Machinery & equipment, office furniture, computers, tenant improvements & betterments (TIB) | Tenants often insure TIB; check lease requirements |
| Stock | Finished goods, raw materials, work in progress | Retailers may choose selling price valuation for stock |
| Business Interruption | Lost income & ongoing expenses during restoration | See section below: indemnity period, waiting periods, extensions |
| Equipment Breakdown | Sudden & accidental breakdown of boilers, electrical, HVAC, refrigeration | Can include spoilage, production interruption, and expediting expenses |
| Crime | Employee dishonesty, theft, forgery, funds transfer fraud | Often a separate form; internal controls matter |
| Inland Marine / Floaters | Tools, contractor's equipment, mobile electronics, goods in transit | Scheduled or blanket options; consider rental reimbursement |
| Cyber (add‑on policy) | Data breach, ransomware, business interruption, liability | Usually placed as a separate cyber policy; complements property |
Business Interruption (BI) helps replace lost income and pay ongoing expenses after a covered property loss. Key choices:
We'll map the coverage to your real recovery timeline-permits, rebuild, equipment lead‑times, and customer ramp‑up.
Coverage for sewer backup/overland water/flood may be optional and location‑dependent. We'll check availability and limits based on your address and loss history.
Available in many areas with a separate deductible (often a percentage). Consider building type, height, and retrofit measures.
Helps with increased costs due to building code upgrades after a covered loss (A: loss to undamaged portion; B: demolition; C: increased cost of construction).
Protects perishable stock caused by power outage or equipment breakdown; may be part of Equipment Breakdown or a standalone extension.
Automatically increases stock limits during defined high‑season periods. Great for retailers and distributors.
For manufacturers/distributors: addresses salvage handling for branded goods and loss adjustment for items sold as pairs/sets.
If you hold customers' property (repairs, storage, cleaning), a bailee form can protect goods in your care, custody, or control.
Protects the value of favorable leases and covers tenant improvements & betterments you've paid for in a leased space.
Maybe. BI covers lost income and ongoing expenses. If you can truly relocate with minimal interruption, you might focus on Extra Expense-otherwise BI is crucial.
Tenants typically insure contents, stock, tenant improvements & betterments, business interruption, and sometimes glass/signs. Your lease may require specific limits and name the landlord as an additional insured for liability.
It's often helpful for accurate replacement cost values, especially for complex buildings or specialized equipment. Some underwriters may require it.
Use seasonal stock or a peak‑season endorsement, or set higher blanket limits for stock during those periods.
Not typically. Property policies don't address data breaches or cyber extortion. Pair your property policy with a dedicated Cyber policy.
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