Commercial Property

You can insure a broad variety of business property, including:

• Equipment
• Inventory and supplies
• Office furniture and fixtures
• Computers and electronics
• The personal property of employees while on-site
• Customer property at your business site
• Lighting systems
• Windows
• Outdoor signs
• Fencing and landscaping
• Tools and equipment in transit or used off-site for business purposes

Commercial building insurance covers the repair, damage and replacement of should a covered incident like fire, theft or vandalism occur to your commercial building. This policy is specially designed to protect landlords from acts of God or their tenants.

There are a lot of different businesses which require commercial property insurance. Anyone with a building premises or tools products or items relating to their work. Here are a few examples:

Mixed use Retail & Residential

This includes mini-malls, shopping centers or street level buildings.

Industrial

Lumber mills, manufacturing , distribution warehouses, fabrication plants

Condos and townhomes

Strata owned buildings are our specialty. We have a wide variety of carriers and can custom tailor a policy that will save thousands.

Essentially if your business operates in any owned or leased buildings‚Äö it can be protected by commercial property insurance.

You can do all the preparation in the world to help safeguard your building from threats it could face but in the end it isn't up to us. When natural disasters happen they can wreak serious havoc on your income and rack up some serious costs. Fires, extreme winter storms, cold snaps, theft and vandalism, flooding and hail are all examples of potentially insured perils which could affect your commercial property. Luckily commercial property insurance is here to help. Remember to check in with your Kovr agent to see just what your commercial property insurance policy will cover.

What's covered by a commercial property insurance policy will vary depending on your business and your insurance company. However all will offer a certain amount of coverage for your business property including:

• Your premise structure
• Furniture
• Equipment
• Computers and electronics
• Fixtures and lighting
• Signage
• Landscaping
• Inventory
• Tools
• Office supplies

Insured perils often include:

• Fire
• Theft
• Vandalism
• Storms including damage done by wind and hail
• Water damage from burst pipes
• Earthquakes **
• Sewer back up **
• Overland water (flood insurance) **

** These require endorsements (add-on coverage) and may not be available for all businesses.

Not every scenario will be covered or may need a special add-on or separate policy. Commonly excluded perils include:

• War or terrorism
• Government seizure or destruction
• Seepage
• Wear and tear
• Rust corrosion fungus decay deterioration settling and other time- or maintenance-related causes of damage
• Damage caused by rodents insects or animals
• Pollution