Commercial Property Insurance
Protect your business property with innovative and customized insurance strategies, so you’re prepared when you need it most. Commercial property insurance is designed to help protect the buildings, equipment, inventory, and physical assets your business relies on. Whether you own your building, lease a space, operate from a warehouse, run a retail storefront, or manage a multi-location operation, the right property coverage helps keep one unexpected loss from becoming a major financial setback.
Below are common coverages businesses choose to include. If you need coverage not listed here, don’t hesitate to reach out—we can help you build a commercial property program that fits your business and budget.
Building Coverage (Owned or Tenant Improvements)
If you own your building, commercial property insurance can help cover repair or rebuild costs after a covered loss (fire, wind, hail, vandalism, and other covered events—policy terms apply). If you lease, coverage can be structured to help protect tenant improvements and betterments you’ve invested in.
Business Personal Property (Equipment, Inventory, Contents)
This helps protect your business-owned items—equipment, furniture, tools, inventory, signage, and other contents—if they’re damaged or stolen due to a covered loss. We help you set limits that reflect real replacement costs.
Business Interruption (Lost Income After a Covered Loss)
If your business has to pause operations due to a covered property claim, business interruption coverage can help replace eligible lost income and help pay certain ongoing expenses while you recover.
Extra Expense Coverage (Speeding Up Recovery)
Even if you can keep operating, you may face added costs to stay open—temporary locations, expedited shipping, equipment rentals, or emergency repairs. Extra expense coverage can help with eligible costs that reduce downtime.
Equipment Breakdown (HVAC, Electrical, Mechanical Systems)
Many businesses rely on critical systems. Equipment breakdown coverage can help with covered repair or replacement costs when mechanical or electrical equipment fails—often including HVAC, boilers, compressors, electrical panels, and more.
Ordinance or Law (Code Upgrade Costs)
After a major claim, building codes may require upgrades during repairs or rebuilding. Ordinance or law coverage can help cover eligible costs related to required code compliance—so code changes don’t become a major out-of-pocket surprise.
Water Damage & Sewer/Drain Backup Options
Water losses are a top driver of costly claims. Many businesses add coverage options for sewer/drain backup or other water-related gaps, depending on the property type and location.
Crime / Fidelity Options (Funds, Theft, Fraud Exposure)
If your business handles money, accepts payments, or has employees with financial access, crime coverage can help protect against certain theft and fraud-related losses.
Quick Answers People Search For:
What does commercial property insurance cover?
Typically: buildings (if owned), business personal property (equipment, inventory, contents), and optional coverage like business interruption and equipment breakdown. Coverage depends on the policy and endorsements.
Is commercial property insurance required?
It may be required by a lender or lease agreement. Even when not required, it’s a core protection for any business with physical assets.
How much commercial property insurance do I need?
A strong starting point is insuring buildings and contents to realistic replacement cost, then adding business interruption coverage based on your revenue and operating expenses.
At StarNet Insurance Group, we make commercial property insurance clear and practical—so you can protect your building, your assets, and your business continuity with confidence.