Commercial Property Insurance

Commercial property insurance protects the physical assets your business owns and relies on, whether that's your building, equipment, inventory, furniture, signage, or fixtures. It's built to help your business recover financially when those items are damaged or destroyed by a covered cause of loss.

Most policies include a range of common protections, often covering risks such as fire, wind, hail, theft, vandalism, lightning, and certain weather-related damage. While coverage is typically broad, policies may contain limits, sub-limits, or conditions that shape how claims respond, depending on factors like location, building safeguards, security measures, or how property is stored or protected.

Here are a few examples of how coverage can apply:

• If a fire damages your building and inventory, commercial property insurance can help pay to repair or replace those items, up to the limits on your policy.
• If business equipment or inventory is stolen, the policy may help pay for replacement, often with conditions like documented proof of the loss, and in many policy forms, evidence of theft such as forced entry or damage to secured areas.

You can also enhance a base policy with endorsements for more specialized protection. One example is valuable papers and records coverage, which can help pay for restoring or replacing critical business documents.

Because every business faces its own mix of risks, reviewing your policy regularly is one of the best ways to stay informed about what's protected and what options exist to strengthen your coverage where it makes sense.

At Concklin Insurance Agency, we'll walk through your coverage with you in a clear, honest way so you can make decisions with confidence. Understanding your protection matters to us, and we're here to answer questions, explain the details, and help you evaluate coverage that fits your business today and tomorrow.

You may also want to consider adding Business interruption insurance, also known as business income insurance, which is a type of insurance that helps businesses recover from financial losses. When a business is unable to operate due to a covered event, business interruption insurance can help cover the lost income and expenses that the business would have incurred during the disruption.

Typically, this is not a standalone policy, but rather is an add-on to a commercial property policy or part of a package policy such as a Business Owner's Policy (BOP) or Commercial Package Policy. (CPP)