Commercial Property Coverage

Whether you own or lease your property, commercial property insurance helps protect your buildings, contents, and equipment, giving you peace of mind when it comes to unexpected business claims. From fire and theft to natural disasters, our comprehensive coverage options are designed to help your business bounce back from a wide range of risks. At Forward Insurance, we get that every business is different, so we offer tailored coverage options that protect what matters most to you—all at competitive premiums that fit the unique risks of your property and operations.

Features of commercial property insurance coverage:

• Business interruption: If you sustain damage due to a covered peril that forces you to temporarily close or relocate, business interruption coverage reimburses you for ongoing expenses (rent, salaries, etc.) and lost income during the closure or relocation period.
• Burglary and theft: Burglary and theft are two of the most common business property claims. A typical business property policy covers most burglary or theft claims.
• Water damage and freezing: Unexpected water damage from plumbing issues, burst pipes, or severe weather can disrupt operations and lead to costly repairs. Commercial property insurance can help cover these repair costs and prevent significant financial setbacks.
• Roof leaks: If your roof and interior are damaged by a covered peril—like wind, rain, hail, or fire—your business property insurance likely covers it. However, damage due to poor maintenance or flooding (e.g., storm surge) is typically not covered.
• Wind and hail damage: Severe weather events like windstorms and hail can cause significant damage to your building’s structure, windows, and roof. Commercial property insurance typically covers repair and replacement costs for damages caused by these events, helping your business recover quickly.
• Fire damage: Fire is one of the most devastating risks to a business. Commercial property insurance covers repair or replacement costs due to fire damage, helping you recover quickly.

What it may not cover:

Commercial property insurance typically does not cover damage from flooding, earthquakes, sewer backups, or groundwater seepage, and claims may be denied due to negligence or lack of maintenance. Review your policy carefully to understand these exclusions, and remember—the agents at Forward Insurance are here to help ensure you have the right coverage for your business needs.

Additional commercial property insurance coverage (optional):

• Flood and Earthquake insurance
• Back of Water & Sewer coverage
• Equipment breakdown
• Ordinance or law coverage
• Inland marine insurance
• Utility services coverage

Moving Your Business Forward

Protecting your business with the right commercial property insurance is essential to ensuring its resilience against unexpected events. Our local team at Forward Insurance is here to guide you through your options and find the coverage that fits your needs, giving you confidence and security at every turn.