Coverage Overview
Commercial property insurance covers more than just the building - and in Florida, how a policy handles named-storm wind damage often matters as much as the coverage limit itself.
What commercial property coverage typically includes
- Building coverage for the structure itself, if you own it
- Business personal property coverage for equipment, inventory, furnishings, and fixtures
- Business income coverage for lost revenue and ongoing expenses if a covered loss forces you to close temporarily
Carriers we compare
Standard risks are placed through our commercial markets, and coastal or older buildings that don't fit standard underwriting are placed through excess & surplus lines access via Tapco Underwriters, RPS, and program administrator ISC, plus Great American for equipment breakdown and inland marine coverage on specialized equipment.
Commercial Property Insurance FAQ
What's the difference between building coverage and business personal property coverage?
Building coverage insures the structure itself. Business personal property covers what's inside it - equipment, inventory, furniture - and is a separate limit that needs its own accurate valuation, especially for inventory-heavy businesses.
Does commercial property insurance include lost income after a covered loss?
Only if business income coverage is added - it's not automatic. Without it, a fire or storm that shuts you down for months could leave you covering rent and payroll with no income to offset it.
Why do some Florida commercial buildings need excess & surplus lines coverage?
Older buildings, coastal locations, and certain construction types can fall outside what standard carriers will write at a reasonable rate. Excess & surplus (E&S) markets exist specifically to underwrite risks the standard market won't take on comparable terms.