Commercial Property Insurance
Insurance for when a cookie-cutter policy just won't cut it.
Get My Property CoveredCheap insurance may seem attractive, but it often fails to protect your business or property when you need it most.
XINSURANCE offers commercial property insurance solutions that provide real coverage for the risks that matter to you, including earthquakes, hurricanes, and floods.
What is Commercial Property Insurance?
Commercial property insurance is a type of coverage that protects your business’s physical assets, such as buildings, equipment, and inventory, from various risks, including natural disasters, theft, and vandalism. As a commercial property owner or business with physical assets, it’s crucial to understand the importance of having accurate property insurance as part of your overall risk management strategy.
At XINSURANCE, we understand the devastating consequences that can occur when businesses are underinsured or have inadequate property coverage. Property insurance is essential for protecting your business’s physical assets, such as buildings, equipment, and inventory, from financial ruin in the event of damage. Without proper coverage, you could be left paying out of pocket for repairs, replacements, rebuilding, and even lost income if your business is forced to close temporarily due to covered property damage. That’s why we offer comprehensive, tailored insurance solutions to provide you with peace of mind, knowing your company’s tangible assets are protected against a wide range of risks. Don’t leave your business or property vulnerable – contact XINSURANCE today to learn how we can help safeguard your company’s physical assets.
What Kinds Of Properties Can Commercial Property Insurance Cover?
Our Commercial Property Insurance solution is suitable for a wide range of businesses and properties, including:
- Any commercial property used for business purposes
- Vacant properties or land
- Apartment buildings
- Restaurants
- Strip malls
- Office buildings
- Retails stores
- Warehouses
- Manufacturing facilities
- Shopping centers
- Garages
- And more!
Commercial Property Insurance Coverage Options
Basic, Broad, Special Form Coverages Available
Basic insurance covers a limited group of perils. Broad form offers additional perils. Special form covers anything not listed as an exclusion. With Actual Cash Value, Agreed Value or Replacement cost valuations.
Builder’s Risk
This form of business property insurance protects buildings while they’re under construction or during renovations after completion.
Commercial Property / Inland Marine Package
This plan enables your policyholders to combine basic commercial property coverage with more comprehensive inland marine protection.
Equipment Floaters
A type of inland marine insurance that provides coverage for various types of mobile equipment, tools, and machinery, protecting your business’s valuable assets from risks such as theft, damage, and loss, whether they are being used on a job site, stored off-site, or in transit.
Primary and Excess Flood
We can offer full flood coverage or excess flood coverage solutions over the limits of the standard National Flood Insurance Program.
General Liability and Commercial Property Package
This option combines basic third-party liability protection with property coverage.
Jeweler’s Block
This type of plan covers physical loss or damage to items such as jewelry or precious metals entrusted to the policyholder. It also covers items that the insured entrusts to others.
Theft Coverage
This policy endorsement covers losses due to the theft of specified business assets.
Vacant Property, Building, Land
This insurance protects against incidents that occur at a facility or parcel of land while it is empty.
Wind & Earth Movement
Wind can cover hurricanes and named storms, whereas Earth Movement can include earthquakes, landslides, and sinkholes. Most companies do not offer these types of coverage!
TRU Umbrella
Additional coverage to fill the gaps and cover the exclusions in your existing policy. Learn more.
How To Get A Quote
Request Your Quote
Click the button below to get started on your quote
Specify Your Needs
We’ll schedule a call with you to consult on your needs, and collect more details
Get Your Custom Quote
We’ll use all the information provided to craft a highly personalized quote to address all of your specific insurance needs in one comprehensive policy
FAQs About Commercial Property Insurance
Why do I need commercial property insurance and is it required by law?
While commercial property insurance is not typically required by law, it is essential for protecting your business from financial losses due to property damage or destruction. Without insurance, you would be responsible for paying out of pocket to repair or replace damaged assets, which could be financially devastating.
Are there any exclusions in commercial property insurance policies?
Yes, commercial property insurance policies typically have exclusions, which are specific types of losses that are not covered. Common exclusions include earthquakes, landslides, sinkholes, wildfires, hurricanes, and floods.
However, what makes XINSURANCE stand out is our ability to provide coverage solutions for earthquakes, landslides, sinkholes, wildfires, hurricanes, and floods. Even if your property is in a high-risk area, we can offer insurance solutions to you.
Can I bundle commercial property insurance with other types of insurance?
Yes, we can offer an all-in-one solution that puts all your coverage into one, simple policy. We can offer solutions like general liability, commercial auto, and more!
What is the difference between commercial property insurance and general liability insurance?
Commercial property insurance covers damage to your business’s physical assets, while general liability insurance covers third-party claims of bodily injury or property damage arising from your business operations.
Can I be insured if I've been dropped or rejected by an insurance company?
Yes, XINSURANCE can help you even if you’ve been declined, canceled, or non-renewed by an insurance company. We step in to provide an insurance solution when others can’t or won’t.
How much does commercial property insurance cost?
The cost of commercial property insurance is influenced by factors such as the location of your business, the age and condition of your building, the type of business you operate, and the value of your assets. Please contact XINSURANCE to get a customized quote.
What our clients say
Insurance for all activities. Excellent product with total coverage for WHEN you need that extra help.
THIS IS INSURANCE I CAN TRUST TO PROTECT ME!
– Dave H.
They are amazing and always there to help you if you have any questions or concerns.
– Arlene A.
XINSURANCE is very easy to deal with. We didn’t have to wait forever for the information we needed. And the whole process of finding a plan that worked for us was almost too easy.
– Leslie A.
Your Trusted Team for Tackling the Unexpected
Fighting for You Is What We Do Best
At XINSURANCE, we believe in taking an active role in defending the interests of our customers. When an insured is facing challenges such as frivolous lawsuits or unfounded charges, we take pride in staying by their side.
Unique Requirements Are Our Specialty
XINSURANCE specializes in covering the extraordinary cases that other agents lack expertise in. If you need something insured and can’t find a policy for it anywhere else — chances are our team will know exactly how to get you coverage for it.
Built-For-You Flexibility & Dedicated Support
The XINSURANCE approach to coverage is anything but “one size fits all.” Our specialty insurance experts work one-on-one with you to fully understand your circumstances, insurance needs, and high-risk areas up front. This means that by the time your policy is issued, we're fully prepared to support you through the worst-case scenarios — not drop you when an incident, claim, or lawsuit occurs.
More of Your Coverage - All in One Place
Though your policies won’t be “one size fits all,” XINSURANCE does take an all-in-one approach to insurance. This means that instead of buying several policies, we’re able to offer coverage solutions for your various needs all in one plan.
What You Can Expect From Our Team
Insurance solutions tailored to your needs
Expansive coverage options
Expert support when facing frivolous charges
Dedicated support & service
TRU Homeowners
XINSURANCE offers TRU Homeowners solutions to cover wind, floods, earthquakes, mudslides, wildfires, and more.
Small Businesses
We can provide customized liability insurance solutions tailored to your business’s unique needs. Even if another insurance company has declined, canceled, or non-renewed your business, we can still help you!
TRU Umbrella
TRU Umbrella coverage is customized to fit your unique needs by filling the gaps and covering the exclusions in your primary policy for work, home, and play.
