Commercial Property

Commercial property insurance protects your company’s physical assets from fire, explosions, burst pipes, storms, theft and vandalism. Earthquakes and floods typically aren’t covered by commercial property insurance, unless those perils are added to the policy

Commercial property insurance companies evaluate the cost of each component or the average cost of items like inventory or clients’ property. Typical commercial property insurance for small businesses costs around $750 annually but can exceed tens of thousands of dollars for large warehouses, commercial spaces, and developments.