Why get commercial property insurance?
Whether you rent or own your business space, having commercial property insurance can provide financial coverage for physical loss or damage to your building, property and contents.
Commercial property insurance explained
Commercial property insurance is a type of business insurance that protects a company’s physical assets from risks such as fire, theft, vandalism, and certain natural disasters. It’s designed to help businesses recover financially if their property is damaged or lost, so they can continue operating.
What does it cover?
Commercial property insurance typically includes coverage for the following:
- Tenant Improvements: Improvements you make to a building as a tenant, which cannot be removed, such as carpeting, lighting, paint.
- Building Coverage: Replace or repair damage to a property you own due to unforeseen disasters, such as fire or flood.
- Inventory: Replace or repair your merchandise and inventory, including food items, in case of fire, theft, or damage.
- Equipment/fixtures/furnishings: Replace or repair your equipment, fixtures, or furnishings that were lost or damaged due to unforeseen events.
- Electronics: Replace or repair your electronics that are damaged or stolen inside and outside of your office.
Why Choose CIB?
- Access to Multiple Carriers
CIB is not tied to a single insurer – we can shop across a wide range to find policies that fit your specific needs and budget.
- Tailored, Personalized Coverage
Rather than cookie-cutter policies, CIB takes time to understand your situation—whether that’s for your home, business, or auto—so coverage aligns precisely with your needs.
- Advocacy and Claims Support
If you need to file a claim or resolve a dispute, CIB acts as your advocate and guide you through the process.
- Expert Advice and Guidance
Our skilled and experienced team explains complex policy language in plain English and help you navigate coverage options with confidence.
- Ongoing Service and Long-Term Support
This includes regular policy reviews, updates as your needs change, and responsiveness when you need help—rather than a one-time sale.