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.

Does it cover lost revenue while we rebuild after a fire or flood?

Business interruption coverage, where included, replaces income lost while a covered physical loss is repaired. The trigger is the covered property damage, so the policy's named perils and exclusions decide what qualifies.

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Coverage line

Commercial Property

Covers your buildings, offices and the contents inside them.

What it typically covers

Buildings you own and improvements to spaces you lease
Contents: workstations, lab benches, servers, tooling
Fire, theft, water damage, and similar named perils
Business interruption while a covered loss is repaired

A claim it answers

A pipe bursts over your lab during a long weekend and takes out test rigs and workstations. Rebuilding the space and its contents lands on you.

Where it fits

Relevant once you hold a lease or own meaningful equipment at a fixed location. Landlords typically require proof of it.

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.
Does it cover lost revenue while we rebuild after a fire or flood?: Business interruption coverage, where included, replaces income lost while a covered physical loss is repaired. The trigger is the covered property damage, so the policy's named perils and exclusions decide what qualifies.

Start your application See it inside a package

Your buildings, offices and contents.

Also placed with

This page describes a line of coverage in general terms. It is not an offer of insurance and not evidence of coverage. Carrier appetite, policy wording, licensing, and availability govern every quote and every claim.