Commercial Property Insurance
Protect Your Business with Commercial Property Insurance
For more than seven generations, Gilbert’s Risk Solutions has been helping businesses protect their commercial property and assets. While some risks span the generations – fire, theft, and storm damage – we’ve gotten much more sophisticated about loss prevention and mitigating losses should problems occur.
Commercial property insurance is fundamental to protecting your business. This coverage protects any buildings you own or lease, as well as the contents and physical assets within them. It’s available as stand-alone coverage or included in a Business Owners Policy (BOP). Coverage typically applies to losses from perils like fire, smoke, wind, theft, and vandalism up to your policy limits, and it also covers business interruption costs from lost income related to covered damage. We work with 100+ of the nation’s premier insurers, so we can tailor the right coverage to your needs.
While we’re proud to call Pennsylvania our home, we’ve helped businesses all across the country manage their risk, and we look forward to helping you too, no matter where you call home.
Commercial Rental Property Insurance for Landlords
If you own property you lease to tenants, your coverage needs differ from an owner-occupied business. Commercial rental property insurance typically covers the building structure and your liability as a landlord, while tenants are responsible for insuring their own contents and business operations. We can help structure the right policy for your rental property portfolio.
What Commercial Property Insurance Typically Covers
- Buildings and other structures (owned or leased)
- Furniture, equipment, and supplies
- Inventory
- Money and securities
- Records of accounts receivable
- Improvements and betterments you made to the premises
- Machinery
- Boilers
- Data processing equipment and media (including computers)
- Valuable papers, books and documents
- Mobile property such as automobiles, trucks, and construction equipment
- Signs, fences, and other outdoor property not attached to a building
- Leased equipment
What’s Not Typically Covered
Standard commercial property policies generally exclude floods and earthquakes (separate policies are available for these) and normal wear and tear. We can help you identify and fill these gaps with the right endorsements.
Protecting the Building, Contents, and Income Your Business Depends On
A fire, storm, or theft doesn’t just damage your building — it can shut down operations, spoil inventory, and put income at risk while repairs happen. Gilbert’s Risk Solutions helps you identify these property-specific exposures and build coverage that protects the full picture, not just the four walls.
Tailored Solutions
For many businesses, a stand-alone commercial property policy or a BOP package offers good protection, but industry-specific endorsements can add real value. We’ll make recommendations based on our risk assessment and help you explore whether cash value or replacement cost options are best for your situation.
360 Degree Approach
We take a 360-degree view of your business to ensure all aspects are secure. Our team of experts in Loss Control, Employee Benefits, HR, and Surety Bonds are all available to our commercial clients, ensuring multi-pronged risk mitigation.
Our RISK SHIELD® Process
Insurance is a critical component in business protection, but it’s only one piece. Our proprietary RISK SHIELD® Process identifies your exposures and puts a loss control plan in place to mitigate them – often through insurance, but frequently through a business process change or risk-reduction measure instead.
CONSULT
DESIGN
BUILDING
MAINTAIN
Commercial Property Insurance FAQs
It covers your buildings, equipment, inventory, and other physical business assets against perils like fire, theft, vandalism, and wind damage, up to your policy limits.
Standard commercial property policies generally exclude floods and earthquakes (separate policies are available for these) and normal wear and tear. Following fire safety standards can also help reduce your risk and may improve your coverage terms.
Many commercial property policies include business interruption coverage, which helps replace lost income if covered damage forces you to pause operations.
Yes, flood damage is typically excluded from standard commercial property policies and requires a separate flood policy.
Coverage is generally based on either the replacement cost of your property or its actual cash value (replacement cost minus depreciation) – we'll help you determine which approach fits your situation.
