Commercial Property Insurance
People say it’s what’s on the inside that counts, but in the case of your business, the outside counts too. Commercial Property Insurance helps protect the physical aspects of your company, including the building and its contents, so you can recover and get back on track after a covered loss.
What Is Commercial Property Insurance?
Commercial Property Insurance helps protect you in case your building, equipment, inventory, furniture, or other business property is damaged by a covered event, such as wind, rain, lightning, or another unexpected loss. This coverage is especially important for businesses that own or lease space, store inventory, use equipment, or rely on physical property to operate. In short, if damage to your property would interrupt your business or create a financial hardship, Commercial Property Insurance is worth considering.
Who Needs Commercial Property Insurance?
Renters or Leaseholders: If you lease commercial space such as an office or auto repair garage, Commercial Property Insurance is often essential. While the building itself is usually covered by the landlord’s policy, the property you store inside—like inventory, furniture, equipment, and supplies—is your responsibility.
Commercial Property Owners: If you own the building where your business operates, Commercial Property Insurance helps protect the structure itself, as well as your business’ personal property. If you have a mortgage, your lender will usually require you to carry this insurance.
Contractors and Auto Repair Garages: Businesses that depend on tools, equipment, or materials to do their work should also consider commercial property coverage. For contractors, that may mean protecting expensive tools and equipment stored at a job site or in transit.
What Does Commercial Property Insurance Cover?
From your building and equipment to inventory and furniture, Commercial Property Insurance can help protect the physical assets you depend on every day.
BUILDINGS – Buildings owned or leased by a policyholder, along with any equipment attached to the building, such as signs or HVAC systems.
PERSONAL PROPERTY – Things such as Furniture or Office Equipment, or a number of other items available under our Commercial Property Extended Coverage endorsement.
What Does Commercial Property Insurance Not Cover?
While Commercial Property Insurance covers many physical losses, some situations may be excluded or require separate coverage. This may include things like:
- Injury to others, such as bodily injury to visitors to your property.
- Injury to others which comes from the insured’s products.
- Automobiles
- Injury to employees.
Other Types of Commercial Insurance Products We Offer
Business Auto
Don’t let an accident stall your progress. Haulers provide robust coverage specifically designed to keep auto dealers, garages, and artisan contractors in motion, ensuring that the unexpected doesn’t take your business off course.
Auto Dealers
Your inventory is the heartbeat of your business. Safeguard your dealership and your bottom line from unforeseen risks with coverage built to protect your vehicles and your professional reputation.
Garage Keepers Liability
When customers trust you with their vehicles, give them—and yourself—total peace of mind. Our liability solutions protect your repair shop from the risks of handling client property, so you can focus on the work under the hood.
General Liability
In a litigious world, consider this your professional safety net. We help you navigate the costs of lawsuits involving injury, property damage, or advertising claims, acting as a guardrail so one mistake doesn’t derail your future.
Why Choose Haulers for Commercial Property Insurance?
Reliable Coverage Backed by Experience, Service, and Trusted Agent Support
Businesses choose Haulers for Commercial Property Insurance because they want dependable protection from a company with decades of experience and a strong commitment to its customers. With support from independent agents and an ”A” (Excellent) rating from A.M. Best*, Haulers provides business owners with coverage they can count on when it matters most.
Ready to Protect What You've Built?
Ready to Protect What You've Built?
If you’re interested in strengthening your agency’s product range by adding Haulers, please complete the form below.
Commercial Property Insurance FAQs
Who needs Commercial Property Insurance?
Renters or leaseholders, commercial property owners, and contractors/consultants.
What is the difference between Building Coverage and Business Personal Property Coverage?
Building Coverage helps protect the structure of your business, while Business Personal Property (BPP) Coverage helps protect the things inside, like furniture, equipment, and inventory.
What is Business Income Coverage and do I need it?
Business Income Coverage, also called Business Interruption Insurance, helps replace lost income and cover ongoing expenses like rent and payroll if your business has to temporarily close because of a covered loss, such as a fire or storm. It can be especially important if your business depends on a physical location or steady cash flow to keep operating.
How do I file a Commercial Property Insurance claim through Haulers?
To file a claim, contact your Haulers agent or call 1-866-665-1003.