slider-principal

Commercial
Property Coverage

Get a quote here

Commercial property insurance in the United States provides protection to businesses against loss or damage to their physical assets, such as buildings, equipment and inventory, due to events such as fire, theft or natural disasters. This coverage can also include business interruption, protecting against loss of income due to covered events. Owners can customize the policy to their specific business needs to ensure complete protection and financial peace of mind.

What is commercial property insurance?

Commercial property insurance is a type of financial protection created specifically to protect commercial property. Even the most minimalist home-based business is guaranteed to have some type of property to help run the business. Computers and office equipment, vehicles for transporting goods and providing services - these are all important business assets that will cost you dearly if lost or damaged. This form of insurance is very similar to homeowner's property insurance, although it has broader coverage and higher limits than homeowner's insurance.

What does commercial property insurance cover?

On Commercial Property Insurance offers a wide range of coverage. Covered properties generally include:

• Buildings and leases
• Products
• Machinery, equipment and computers
• Business benefits

Various types of situations can cause you significant financial stress when dealing with these damaged or lost properties. However, not everything is covered by commercial property insurance. For example, normal wear and tear is not covered, as well as damage due to faulty or substandard construction. Here are situations that are almost always covered:

• Fires
• Theft
• Vandalism
• Natural disasters
• Malfunctions
• Burst pipe

Small business insurance designed your way.

Small business insurance helps your business overcome financial challenges resulting from injuries or property damage for which your company is responsible. It includes one or more coverages that match the specific risks to which your business is exposed.

Trusted by small business owners like you, the Progressive Advantage® Business Program offers flexible protection with more than 30 customizable coverage options*. From commercial auto insurance to policies for business owners, our experts.