Property & Liability Insurance
Property & Liability Insurance is a core coverage that helps protect your business from unexpected events that could cause financial loss. Whether you own a retail shop, office, rental property, or service-based business, this type of policy helps safeguard your physical assets and shields you from third-party claims.
What Is Property Insurance?
Commercial Property Insurance covers the physical assets your business depends on, including:
- Buildings (owned or leased)
- Furniture, equipment, and tools
- Inventory and supplies
- Signage, fixtures, and improvements
- Loss of income due to property damage (Business Interruption coverage)
It protects against common risks like:
- Fire and smoke damage
- Theft or vandalism
- Storm and water damage
- Certain natural disasters (based on policy)
What Is Liability Insurance?
General Liability Insurance protects your business from claims of:
- Bodily injury (e.g., a customer slips and falls)
- Property damage to a third party (e.g., damaging a client's property while providing service)
- Personal and advertising injury (e.g., libel, slander, or copyright infringement)
- Legal fees and settlements resulting from covered claims
Who Needs Property & Liability Insurance?
- This coverage is essential for:
- Small to mid-sized business owners
- Commercial landlords and tenants
- Retail shops, restaurants, salons
- Offices, contractors, and professional service providers
- Anyone with business property or customer interaction
- Even home-based businesses benefit from this protection, as homeowner’s insurance often excludes business-related claims.
Why It Matters
1
Ensures business continuity after property damage
2
Protects you from lawsuits and unexpected legal costs
3
Builds credibility with clients and partners
4
Often required for leases, vendor contracts, or licensing
What Affects the Cost?
Your premium depends on:
Industry type and risk exposure
Business size and location
Property value and safety features
Coverage limits and deductibles
We work with top-rated carriers to match you with a tailored policy that fits your business and budget.
