Business Property Insurance

What Is Business Property Insurance?

Business property insurance, also known as commercial property insurance, helps protect you and your business from a covered loss.
 
Business property insurance helps protect your:
 
  • Personal property. For example, say someone breaks into your business. They not only steal your business’s electronics but they also take your personal electronics. Your business property insurance can help cover the cost to replace all electronics stolen.
  • Tools and equipment. For example, say you own a construction company. After you go home for the day, someone breaks into your tool shed. They steal hundreds of dollars worth of essential tools you need to run your business. Your business property insurance can help cover the costs associated.
  • Inventory. For example, say a pipe bursts in your business. It damages your new inventory you recently restocked. Your business property insurance can help cover the costs associated.
  • Furniture. For example, say there’s a fire in your building that damages your furniture. Your business property insurance can help cover the cost of replacing this furniture.
  • Computers. For example, say someone breaks into your business and steals all of your computers. Your business property insurance can help cover the costs associated with replacing them.
  • Accounts Receivable and other important documents. For example, say a fire destroys valuable papers and records in your business. These documents contain essential information for sending customers their products. Your business property insurance can help cover the costs of the damages.
  • Outdoor landscaping. For example, say a lighting strike from a storm damages your fencing outside. Your business property insurance can help cover the costs associated with replacing them.

What Does Business Property Insurance Cover?

Businesses like yours, face a variety of risks throughout the year. These risks can include:
 
  • Fire damage. For example, say your restaurant catches on fire. If your restaurant is damaged or destroyed by the fire, your business property insurance can help cover these costs.
  • Customer injuries. For example, say a customer trips and falls in your store. Your business property insurance can help cover the costs associated.
  • Theft. For example, say someone breaks into your business. They steal your laptops and flat screen TVs. Your business property insurance can help cover the costs of the replacing them. 
  • Income loss. For example, say your small business has to be closed due to a covered loss. Your business property insurance can help cover your lost income during the repairs.
At The Hartford, our risk engineering team can help reduce your business’s risks. Our team features technical specialists who help businesses operate safely and efficiently. And we get results. How?
 
  • Our Risk Engineering team provides a combination of technical expertise and consultative skills that deliver results-oriented solutions and value to our business customers.
  • We select the right Risk Engineering consultant for each customer. We deliver tailored solutions. We drive lower loss ratios and improve bottom-line results.
  • Customers who experience our Risk Engineering services say we consistently exceed their expectations.

Business Property Insurance From The Hartford

Business Property Insurance Business property insurance for a new business can be customized with coverages that fit your specific business’s needs.
 
The best way to get an accurate quote is to contact The Hartford. Remember that the higher risk your business is, the higher your premium will be.
 
Business property insurance from The Hartford offers broad protection. It’s designed to help get businesses back up and running after a fire, theft, or other covered disaster strikes. At The Hartford, you can tailor your policy to your needs with our flexible options. This can help you address unique risks facing your individual business. You can also adjust your coverage as your business needs change.
 
Business property insurance helps protect the business you’ve worked hard to build, get a quote today.
 
Certain coverages vary by state and may not be available to all businesses. All Hartford coverages and services described on this page may be offered by one or more of the property and casualty insurance company subsidiaries of The Hartford Financial Services Group, Inc. In TX, this insurance is written by Sentinel Insurance Company, Ltd., Hartford Casualty Insurance Company, Hartford Lloyd’s Insurance Company, Property and Casualty Insurance Company of Hartford, Hartford Underwriters Insurance Company, Twin City Fire Insurance Company, Hartford Accident and Indemnity Company and Hartford Fire Insurance Company. In CA by Sentinel Insurance Company, Ltd. (CA license # 8701) and its property and casualty insurance company affiliates, One Hartford Plaza, Hartford, CT 06155.
 
The Hartford® is The Hartford Financial Services Group, Inc. and its property and casualty subsidiaries, including issuing company, Hartford Fire Insurance Company. Its headquarters is in Hartford, CT.