Safeguarding your physical assets

Commercial Property Insurance

Commercial Property Insurance pays to repair or replace your business's physical assets — building, equipment, inventory, and furniture — when they're damaged or lost to fire, theft, vandalism, or certain natural disasters, so you can get back to business.

Who needs Commercial Property?

Businesses that own or lease physical space
Retailers with inventory
Restaurants with kitchen equipment
Manufacturers with machinery
Offices with computers and furniture
Any business with valuable physical assets

What's covered

Building Coverage

The structure itself if you own it, including permanently installed fixtures like HVAC systems, plumbing, and electrical.

Business Personal Property

Equipment, inventory, furniture, computers, and other items your business owns.

Tenant Improvements

Upgrades you've made to a leased space, like built-in shelving or custom lighting.

Business Income/Interruption

Lost income and ongoing expenses if you can't operate due to covered property damage.

Equipment Breakdown

Mechanical or electrical failure of equipment (often an add-on or separate policy).

What's not covered

Flood damage (requires separate flood insurance)
Earthquake damage (requires separate earthquake insurance)
Normal wear and tear
Employee theft (covered by Crime insurance)
Vehicles (covered by Commercial Auto)
Damage from poor maintenance

Examples by industry

Health & Beauty

A fire damages your salon stations and styling equipment; commercial property pays to repair the space and replace the tools.

Food & Restaurants

A kitchen fire destroys your ovens and walk-in cooler; commercial property covers replacing the equipment and spoiled inventory.

Cleaning & Maintenance

Your storage unit floods and ruins thousands of dollars of cleaning supplies and machines; commercial property covers the loss.

Professional Services

A burst pipe destroys your office furniture, computers, and files; commercial property pays to replace them.

Retail & E-commerce

A break-in damages your storefront and clears out inventory; commercial property covers the repairs and stolen stock.

Transportation

A storm damages your dispatch office and the equipment inside; commercial property pays to rebuild and re-equip.

Technology

A power surge fries the servers and workstations in your office; commercial property covers replacing the hardware.

Home Services

A fire at your shop destroys tools and materials; commercial property covers the replacement.

Creative & Media

A flood ruins your studio's cameras, lighting, and editing rigs; commercial property pays to replace the gear.

Real Estate

Vandalism damages your brokerage office and signage; commercial property covers the repairs.

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Part of the Knack guide

Learn Commercial Property alongside every other coverage in our full guide.

Open in the full guide

Related coverages

Often purchased together

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