get the right commercial property insurance

When we help our clients with their commercial property insurance policies, we make sure that they are properly protected by ensuring the there is enough coverage.

Commercial property insurance

Protect your business from risk involving property damage, theft, liability, and employee injury

What is Commercial property Insurance?

Commercial property insurance protects commercial property from such risks as fire, theft, and natural disaster. A variety of businesses, including manufacturers, retailers, service-oriented businesses, and not-for-profit organizations purchase commercial property insurance. It is generally combined with other forms of insurance, such as commercial general liability insurance.

When determining the amount a company should pay for commercial property insurance, the value of a business’ assets, including the building, is the primary factor. A business should take an inventory of their physical assets located at their property. This information will help determine what exactly would be the replacement value and the level of coverage the business should get.

Factors Associated with Commercial Property Insurance

  • Location: Buildings in areas with excellent fire protection typically cost less to insure than buildings in a areas with limited fire protection.
  • Construction: Buildings made of potentially combustible materials will have higher premiums, while those made of fire-resistant materials could earn a discount. 
  • Occupancy: A building’s use also affects its fire rating and premium levels. An office building will likely rate better than a restaurant or auto repair shop. 
  • Fire and theft protection: How far are the nearest fire hydrant and fire station? Does the business have a fire alarm and sprinkler system? Is there an active security system in place?

Protect your assets with property insurance

The replacement of a building, inventory or equipment can be an expensive cost, that's why you need commercial property insurance.

Start with your zip code to compare car insurance







Start with your zip code to compare Home insurance







Start with your zip code to compare life insurance







Start with your zip code to compare health insurance







945+ Reviews

Already member? SIGN IN

Client Logo

Very helpful fully explaining the different plans. Cash value is accessed via policy loans, which accrue interest and reduce cash value our valuable items.

Maria Marlin Retired Govt Officer, ON, Canada
Client Logo

Very helpful fully explaining the different plans. Cash value is accessed via policy loans, which accrue interest and reduce cash value our valuable items.

Maria Marlin Retired Govt Officer, ON, Canada

Serving the interests of our clients. Personalized support and relationships matter to  we are owned by banks, we are empowered to deliver top-notch support and services able to add on additional.

Serving the interests of our clients. Personalized support and relationships matter to us. Because we are owned by banks, we are empowered to deliver top-notch support and services able to add on additional.

Serving the interests of our clients. Personalized support and relationships matter to us. Because we are owned by banks, we are empowered to deliver top-notch support and services able to add on additional.

Serving the interests of our clients. Personalized support and relationships matter to us. Because we are owned by banks, we are empowered to deliver top-notch support and services able to add on additional.

Serving the interests of our clients. Personalized support and relationships matter to us. Because we are owned by banks, we are empowered to deliver top-notch support and services able to add on additional.

Need any help!

Preferred Choice Financial Group is here to serve policyholders – protecting businesses, mitigating losses, defending claims. Renters .

pexels-jopwell-2422293

Commercial Property Carriers