Coverage line
Commercial Property
Your office or lab burns down or gets robbed. This pays to repair the space and replace what was in it.
Built for moments like these.
A pipe bursts over the lab on a long weekend and soaks the test rigs.
Covered: Damage to your contents
A break-in empties the workshop of tools and prototypes.
Covered: Theft at your space
The classic mix-up
Your demo unit is crushed at a customer's warehouse.
Not this policy
→ Equipment (Inland Marine) answers this oneEasy to confuse.
Commercial Property
Your space.
This page
When to buy
Your first lease with meaningful contents; landlords usually require it.
Typical ask: Enough to replace what's in your space.
Who requires it
Your landlord, in the lease.
How hard to get
Easy to get
The most standardized policy there is.
Common questions
We rent our office. Do we still need property coverage?
Usually yes. The lease commonly requires coverage for your improvements and contents, and the landlord's policy covers the building, not your workstations, lab benches, or servers.
Does property insurance cover our robots at customer sites?
No. Property coverage generally stops at your own premises. Equipment that works at jobsites, pilots, and demos is what an equipment or inland marine policy follows off-site.
Keep reading
Describes a line of coverage in general terms. Not an offer of insurance.