The Hartford doesn’t offer property preservation insurance online, but a local agency or Tivly may be able to help you find the coverage you need. The following content includes information from various sources and can change over time.
What Is Property Preservation Insurance?
Property preservation insurance is another name for small business insurance. It’s made up of different types of business insurance coverages to help protect you from risks as you maintain and repair vacant, distressed or foreclosed properties. Those risks may include everything from on-site accidents and tool theft to vehicle collisions, water damage or liability claims.
Common types of coverage that can be part of a property preservation insurance package can include:
- Business Owner’s Policy (BOP)
- Workers’ compensation insurance
- Professional liability insurance
Why Might You Need Property Preservation Insurance?
Property preservation insurance is a collection of coverages designed to help safeguard the foreclosures and vacant homes you care for. A property you winterized could flood due to a hidden pipe crack. A subcontractor could lose their footing on a weak floor during cleanout. Or, a neighbor might sue your business, claiming your crew damaged their landscaping while removing debris.
Preservation of property coverage can help protect your business from many potential risks, like:
- Slip-and-fall accidents: A contractor trips over exposed wiring during an inspection.
- Equipment theft: A generator is stolen from one of the properties you manage.
- Auto accidents: A team member crashes your work van on the way to a job site.
Property Preservation Insurance Coverages
When it comes to protecting your property preservation business, you’ll want to ensure you have coverage that matches your potential risks. Many property owners have a Business Owner’s Policy (BOP) because of the peace of mind it can provide. It combines three types of coverage to help protect you from everyday risks:
General liability insurance helps protect your business from claims that it caused bodily injury or property damage to others. For example, if a neighbor sues your business because a property cleanup created runoff that damaged their lawn, this coverage can help.
Commercial property insurance helps protect the owned or rented building that you operate from, as well as the tools, inventory and equipment you rely on. These can include:
- Power tools
- Safety equipment
- Lawn tools
- Hand tools
Business income insurance helps replace lost wages if you can’t operate temporarily because of covered property damage caused by fire, wind or theft.
It’s important to remember that a BOP won’t cover every kind of claim you might face while running a property preservation business. You’ll need to get other types of insurance to give your business well-rounded protection, such as:
Workers’ compensation insurance to help your employees recover from a work-related injury or illness. This insurance gives your employees benefits to help pay their medical bills or replace lost wages if they can’t work.
Commercial auto insurance to help protect you or your employees on the road if you get into a car accident when using company-owned vehicles for work.
How Much Does Property Preservation Insurance Cost?
The cost of property preservation insurance varies because every business faces unique risks. Insurance companies may consider several factors when determining your coverage cost, including:
- Number of employees
- Location of your business
- Type of coverage
- Your claims history
The limits you select for your coverage
Although The Hartford doesn’t offer insurance for property preservation businesses, here are the average costs our small business customers pay for common types of coverage. You can use this to help estimate your insurance costs:**
- BOP: $1,687 a year, or about $141 a month
- Stand-alone general liability insurance: $810 a year, or about $68 a month
- Workers’ compensation insurance: $1,032 a year, or $86 a month
- Professional liability insurance: $744 a year, or $62 a month2
To find out your specific property preservation business insurance costs, get a free online quote from Tivly.
General Liability Insurance
“A neighbor reported us to the city, accusing my business of illegally dumping debris on their property and damaging their fence line.”
General liability insurance helps cover claims that your business caused bodily injury or property damage to someone else.
Contractors Pollution Insurance
“We were fined because a new contractor fed runoff into the street drain.”
Contractors pollution insurance covers environmental damage, property damage and bodily injury from pollution incidents as a result of work performed by contractors at a third-party job site.
Workers’ Compensation Insurance
“One of my property managers had a bad reaction to some chemicals our crew was using to clean a home. He had to take a few weeks off to fully recover.”
Workers’ compensation insurance gives your team benefits to help them recover from work-related injuries or illnesses. It can help pay their medical bills and replace lost wages.
Commercial Auto Insurance
“I dropped off some supplies for my crew at a customer’s home. I didn’t realize how narrow the road was, and I side-swiped a car parked on the street.”
Commercial auto insurance can help protect you on the road when you’re driving a company-owned vehicle for business. It can help cover bodily injury or property damage claims if your business causes an accident.
Commercial Property Insurance
“A fire started in my warehouse, and it damaged most of the power tools and materials we store there for jobs.”
Commercial property insurance helps protect the owned or rented equipment, tools and inventory you rely on to operate.
Contractors Equipment Insurance
“Our generator was stolen from a job site overnight, and it was not cheap to replace.”
Contractors equipment insurance is designed to help cover damaged or missing contracting equipment. It can help cover the cost to remove debris and clean up after an accident. This insurance also helps cover losses due to theft and can even help pay to expedite a project that is off schedule due to a covered loss.
Get a Quote for Property Preservation Insurance Options
You work hard to keep properties safe and secure, so don’t leave your business unprotected. Tivly can help you get the coverage you need.
Last Updated: October 20, 2025
2 What you pay for professional liability insurance will vary by product, limits chosen and risk class or hazard group associated with your business.
3 National Safety Council, “Top 10 Preventable Injuries”
4 U.S. Bureau of Labor Statistics, “Numbers of Nonfatal Occupational Injuries and Illnesses by Industry and Case Types, 2022”
5 National Fire Protection Association, “Fire Loss in the United States”
** Costs, premiums, and coverages mentioned are estimates and are not guaranteed. Actual cost, premium, and coverage are determined at the time of quote or issue and are specific to an individual risk. Premiums are based on information provided to The Hartford, including, but not limited to, underwriting and rating criteria. All examples included on this website or in an advertisement are intended for informational purposes only and are not an offer or a guarantee of premium or coverage. Coverage and products described are subject to the terms and conditions found in the policy contract. Any educational information provided about available coverages does not modify the policy language or imply that any claim is covered. Products are not available in all states or for all businesses.
The Hartford does not currently have a product available to provide the coverage described on this page. You are being referred to Tivly in an effort to connect you with a carrier who may provide this coverage. This link will redirect you to a third-party website, owned and operated by an independent party ("Tivly"). Any link you make to or from the Tivly website will be at your own risk. Any use of the Tivly website will be subject to and any information you provide will be governed by the terms of the Tivly website, including those relating to confidentiality, data privacy and security. The Hartford and its affiliates (collectively "The Hartford") do not endorse or approve and make no warranties, representations or undertakings relating to the content of the Tivly website. The Hartford assumes no liability for loss, damage and any other consequence resulting directly or indirectly from your access to the Tivly website or any information that you may provide on the Tivly website.
Additional disclosures below.