Commercial Property Insurance Quotes – Get Covered Online

How fast could you protect your business assets if a single application could compare top carriers and bind coverage in under a day?

Insureon makes that possible. You can request a match from The Hartford and Liberty Mutual with one simple form, select a policy, and often receive a certificate of insurance in less than 24 hours.

This streamlined process helps small business owners see tailored pricing and coverage options quickly. Average premiums for small firms run about $67 per month, with some plans starting near $29 based on industry and location.

Quotes reflect your operations, location, and the value of buildings, equipment, and inventory. They also list covered causes like fire, theft, vandalism, and windstorm so you know what losses a policy will pay to repair or replace.

Key Takeaways

• One application can compare multiple carriers and speed up coverage selection.
• Average small business rates are around $67 per month but vary by risk and state.
• Quotes outline coverage for buildings, equipment, and inventory and list causes of loss.
• Immediate binding and a COI within 24 hours are possible when eligible.
• Final policy documents govern terms and exclusions; a quote is the first step.

Get your commercial property insurance online quote instantly

Submit one short application and see competing offers from top carriers side by side. With Insureon, The Hartford and Liberty Mutual participate so your business can compare rates and limits quickly.

Compare top-rated providers in one simple application

The platform shows multiple insurance company options that match your asset profile and budget. You can add general liability to a BOP during the process to simplify buying and documentation.

Start coverage and get your COI in less than 24 hours

After you pick a policy and complete underwriting steps, many customers can start coverage and receive a digital certificate within one business day. Digital COIs help meet lease, vendor, and client requirements fast.

Accuracy matters: provide clear business and asset details so endorsements and limits align with your needs. Typical small business customers pay around $67 per month, with some plans starting near $29 depending on underwriting, insured value, and location.

What commercial property insurance covers

Coverage can extend to real estate you own or lease as well as the tools and goods inside it. A dedicated policy helps protect buildings, office equipment, and inventory from common causes of loss.

Buildings, equipment, inventory, and furnishings

Scope: Policies typically help cover buildings you own or lease, business personal property like furniture, computers, and stocked goods.

Equipment: Office machines and leased gear are often included, though some items may need endorsements for full value.

Covered causes of loss

Common covered perils include fire, theft, vandalism, windstorm, and vehicle impact. Limits and exclusions vary by form.

Data, income, and special items

Electronic data and media may require specific provisions. Many forms also offer business income to replace lost revenue when physical damage interrupts operations.

• Document assets and update values regularly.
• Review valuation methods, sublimits, and endorsements.
• Home policies rarely extend to business assets; a separate plan is usually needed.

For a focused review of limits and endorsements, see details on commercial property coverage.

Who needs business property insurance

Many businesses that hold inventory or equipment need dedicated coverage to protect against loss and downtime.

Small retailers, offices, contractors, and startups often store goods, tools, or computers that a home policy will not fully protect.

Typical businesses and exposures

Any firm with physical assets — from a storefront’s stock to a contractor’s tools — benefits from property insurance tailored to business risks.

Home-based operations should take care: homeowner plans may exclude business-owned items or limit payouts. A separate commercial property policy can fill that gap.

Why coverage matters for operations

Landlords, lenders, and clients commonly require proof of coverage in leases and contracts. Meeting those demands keeps contracts valid and work moving.

• Startups should insure early to protect cash flow after a loss.
• Policies can scale as you add locations, raise limits, or add endorsements for new risks.
• Retailers, offices, and contractors each have specific needs that tailored plans address.

Commercial property insurance online quote: how it works

A short application collects the facts underwriters need so you can compare offers quickly. Enter your business type, address, and a basic inventory of buildings and business personal property. This gives carriers the context to price risk and propose terms that fit your operations.

Tell us about your business, location, and assets

List business activities, square footage, and values for major assets. Include stored inventory, equipment, and any leased items. Clear answers reduce follow-up and speed up approval.

Get multiple quotes and choose coverage limits and deductibles

You will receive competing offers to compare limits, deductibles, valuation methods, and common endorsements. Review replacement value versus actual cash value when setting limits so your assets are restored without a gap.

• Share addresses, operations, and an asset summary to produce accurate pricing.
• Insurers use those inputs to estimate exposures and suggest appropriate policy options.
• Compare differences in limits and endorsements to pick the best fit for your risk profile.

Act quickly: completing underwriting requirements promptly helps activate a plan and often generates a certificate of insurance within 24 hours. Maintain an up-to-date asset list and square footage to avoid underinsurance and keep coverage aligned with current values.

For added detail on business interruption and continuity, see business interruption insurance.

How much does commercial property insurance cost

Your bill depends less on a single number and more on how you value and protect your assets.

Average monthly premiums and what influences your rate

Insureon’s small business customers pay an average of $67 per month. Some policies start near $29 depending on underwriting and state rules.

Key rating factors

• Industry class and local loss trends affect base rates.
• Location and building exposure — flood, wildfire, or high-crime areas — raise risk.
• Total value of equipment and inventory sets how much coverage you need.
• Safety measures like sprinklers and central alarms can lower premiums over time.

Policy terms that impact cost

Higher limits and broader coverage increase the price. Bigger deductibles usually reduce it.

Replacement cost pays to replace items new. Actual cash value factors depreciation and can lower premiums but reduce payouts at a loss.

Review your property insurance policies annually. A clean claims record and updated values help keep costs aligned with growth and risks.

Ways to save on your property insurance coverage

A few practical moves—like paying in full and documenting safety upgrades—cut costs without reducing protection.

Compare offers before you buy

Get multiple offers through a single application to benchmark price and coverage differences among carriers. This helps you spot better value and avoid underperforming policies.

Pay annually and keep coverage continuous

Paying the annual premium often unlocks pay-in-full discounts that lower the yearly cost. Keep coverage active to avoid lapses, which can trigger surcharges when you restart a plan.

Make and document risk improvements

• Install sprinklers, smoke detectors, and a central burglar alarm to reduce the chance and severity of loss.
• Keep photos, invoices, and maintenance logs to show underwriters lower risks and qualify for credits.
• Consider a higher deductible to trim premiums, but weigh out-of-pocket exposure for claims.

Tip: Small prevention steps can shrink both your premium and the chance of future claims, protecting your business and lowering long-term cost.

Customize your commercial property coverage

Small changes to valuation and endorsements can prevent costly underinsurance after a loss.

Choose a valuation method that fits long-term goals. Replacement cost pays to replace items new-for-old. Actual cash value subtracts depreciation and usually lowers premiums, but it reduces claim payouts.

Choose between replacement cost and actual cash value

Replacement cost gives fuller recovery for buildings and equipment at higher premiums.

Actual cash value cuts premium now but may leave gaps when you file a claim.

Set smart policy limits for buildings and business personal property

Match limits to current rebuild estimates for buildings and to up-to-date values for equipment and inventory.

Review invoices and photos so declared values reflect real assets.

Adjust deductibles to align with cash flow and risk tolerance

Higher deductibles lower premiums but increase out-of-pocket cost after a loss.

Choose a deductible that your business can pay without disrupting operations.

Use endorsements to address exclusions like flood or earthquake

Some perils are standard exclusions. Endorsements or separate policies can close those gaps.

“Tailored endorsements let you buy coverage for your specific risks without overpaying for unneeded features.”

• Pick valuation type that fits replacement plans and budget.
• Set limits that cover rebuild and business personal property values.
• Adjust deductible for a balance between premium savings and cash flow.
• Use endorsements for flood, earthquake, or special equipment needs.

Tip: Review limits and assets after purchases, renovations, or expansion so your policy keeps pace with business growth and changing risks.

Bundle a business owner’s policy to add general liability

A business owner’s policy (BOP) merges key protections so you handle one plan instead of two. A BOP packages property insurance and general liability into a single policy to simplify administration and often lower total premium for small and midsize businesses.

Why a BOP can cost less than separate policies

A BOP reduces duplicate fees and streamlines billing with one insurance company. That consolidation often cuts rates versus buying separate plans. You can also manage renewals, certificates, and claims from one portal and get a COI in under 24 hours after binding.

What a BOP typically includes

Standard bundled coverage often helps cover:

• Third-party injuries and third-party property damage through general liability.
• Product liability and advertising injury, like libel or slander.
• Building and business personal property limits, with endorsements available to tailor property coverage.
• Optional business interruption to replace lost income after a covered loss.

Tip: For many small firms, a business owner policy offers a cost-effective, simpler path to strong protection.

Risk management that helps protect assets and reduce claims

Taking steps to harden your building and systems protects assets and helps control future claims. Many insurers reward verified safety upgrades with lower premiums. That makes simple prevention work pay off over time.

Install sprinkler systems, smoke detectors, and central burglar alarms

Install and monitor life-safety systems. Sprinklers and smoke detectors cut the chance of a major fire loss. Monitored burglar alarms reduce theft and vandalism. Insurers often offer credits for these measures.

Perform routine inspections and maintain entrances and security doors

Schedule regular checks so alarms and locks work when needed. Keep entryways, doors, and hardware in good repair to deter intrusion and limit losses.

Plan for regional hazards: wildfire, severe storms, floods, tornadoes, hurricanes

Create hazard-specific plans that include backup power, safe storage, and data protection. Trim trees and manage exposures near power lines to lower windstorm damage.

• Document system installs and maintenance to show underwriters improvements.
• Use logs and photos to support requests for premium credits.
• Proactive risk work can reduce claims frequency and improve future underwriting outcomes.

Costs by state and industry

Where your business is located often has the biggest effect on monthly cost. Some states report lower averages — Washington and Montana can run near $29 per month, Illinois around $36, and several states like Massachusetts, Pennsylvania, and Michigan cluster near $42. New Hampshire, Kentucky, Washington, D.C., and Delaware often show mid‑range figures near $45–$48.

Lower-than-average states and how bundling can help

Bundling your building and general liability into a business owner policy can lower overall premiums in many markets. Carriers often grant discounts when they underwrite both coverages together.

Industries that tend to pay less vs. higher-risk sectors

Service firms with low asset density and limited public traffic — such as IT consultants, therapists, and professional services — typically pay less than retail, real estate, or fitness operations that face more foot traffic and higher theft or liability exposure.

• State weather, crime rates, and rebuilding costs shape local pricing.
• Ask multiple carriers and consider a BOP to capture state and industry savings.
• Actual premiums still depend on your unique asset profile and underwriting review.

“Shopping by state and industry helps customers find the best balance between coverage and cost.”

For a quick estimate tailored to your location, try the coverage calculator.

Why choose us for your commercial property insurance

Access multiple top-rated carriers and licensed agents from one place. Access The Hartford and Liberty Mutual through a single platform so you can compare offers without repeating information.

Licensed agents help tailor limits, recommend endorsements, and explain valuation methods that match your industry and assets.

Access to leading carriers, licensed agents, and fast certificates

Pick the best blend of price and protection while agents verify lease and lender requirements. Many customers can bind a plan and receive a certificate of insurance in less than 24 hours.

• Compare company partners so your business owner can evaluate alternatives and pick the right policy.
• Add general liability and more — bundle workers’ comp, professional liability, business interruption, or commercial auto alongside your property coverage.
• Ongoing service — renewals, endorsements, and certificate requests are handled from the same portal to simplify lifecycle management for customers.

If you want details on limits and forms from a major provider, see this resource for a focused review of commercial property coverage: commercial property insurance.

Compliance, underwriting, and availability

Not every applicant will qualify; final offers reflect an insurer’s risk assessment and applicable state rules. Issuance of coverage is subject to underwriting review and may not be available in all jurisdictions.

Coverage subject to underwriting review

Underwriters evaluate your business, loss history, and local exposures before a policy is offered. Individual underwriting means pricing, discounts, and eligibility vary by state and company.

Policy terms control claims and obligations

The written policy governs obligations, exclusions, deductibles, coinsurance, and valuation clauses. Marketing examples are illustrative only; actual coverage depends on facts and circumstances at bind.

“Read your policy carefully and ask about terms that affect claims, such as deductibles and valuation methods.”

• Applicants are evaluated individually; not all will qualify.
• Any starting premiums shown are not guaranteed and reflect active policy data as of March 21, 2025 where permitted by law.
• Agencies facilitating offers may receive compensation; the issuing insurance company holds policy obligations.

Tip: Review insurance policies in full and ask questions about terms that affect claims and loss recovery before you bind coverage.

Conclusion

Use side‑by‑side offers to balance premiums against real recovery needs for your business assets.

Getting a fast, accurate comparison helps protect buildings, business personal property, and inventory from covered causes like fire, theft, and vandalism.

Compare multiple carriers at once so you can match limits, deductibles, and endorsements to your cash flow and risk tolerance.

Consider bundling into a BOP, paying annually, keeping coverage continuous, and making simple risk improvements to lower costs.

Note: Averages (about $67/month with some plans near $29) are illustrative; final premiums depend on location, asset values, and safety features.

Start a short application, review your options, and secure a certificate of insurance quickly to keep operations moving.