Commercial Property Insurance

Insuring your business property through Lawyers Insurance Alliance is a smart way to protect your business’s ability to operate and financial well-being. Catastrophic events and damage could shut your doors without the proper coverage, for instance. 

If your business relies on physical property and equipment to operate, property insurance and local expertise from Lawyers Insurance Alliance is a must! Allow our team to find the right policy to protect your business’ assets and structures from natural disasters, fire, and more. 

Available Coverage 

  • Buildings
  • Structures
  • Equipment 

Additionally, property insurance for businesses provides protection for the locations and equipment used to operate your law firm. Policies can be written to repair or replace property that has been destroyed, damaged, or stolen as well providing protection from loss of income or increased expenses as a result of property damage. 

Our agency can also offer business owners policies to take coverage a step beyond just the physical property. For example, these policies can provide general liability, cyber insurance, and loss of income. 

What Does Commercial Property Insurance Cover?

Commercial property insurance coverage covers a variety of claims. For example, it can help your business if:
  • A fire damages or destroys your computers
  • Lightning strikes the building for which you have business renters insurance
  • Someone breaks into your building and steals your inventory
It can also help protect important business assets, like your business income. If you can’t open because of a covered loss, it can help replace lost income for your company.
Every firm has unique needs. This is why we work with you to customize your commercial property insurance policy. For example, you can add more protection for things like valuable papers and records, which can help cover the costs to:
  • Reproduce important documents
  • Provide temporary storage
  • Move records to avoid a loss

What Doesn’t Commercial Property Insurance Cover?

Unfortunately, your commercial property insurance policy doesn’t cover every type of property damage. For example, this coverage won’t help if:
  • Your client drops their laptop when they trip over a box in your office.
  • One of your employees puts a hole in your client’s wall.
  • You get into an accident while making a delivery to a customer and damage your vehicle.
  • A nearby brook overflows after a heavy rainfall causes flooding near your building and damages your inventory.
  • You or your employees intentionally damage property.
You can, however, get other types of commercial insurance to give your company more protection for claims like these.

Bundle Commercial Property Insurance Through a Business Owner’s Policy (BOP)

You can get commercial property coverage as a standalone policy. However, most law firms choose to get a Business Owner’s Policy (BOP). This combines three essential coverages into one:
  • Commercial property insurance.
  • General liability insurance, which helps protect your company from bodily injury and property damage claims made against your business.
  • Business income insurance to help replace lost income if you can’t open because of a covered loss.
You can get a commercial property insurance quote to find out how this coverage or a BOP can help your company.

Learn How to Reduce Your Risk Exposure

There are steps you can take to help reduce your company’s risk exposures. For example, you can create a plan to regularly examine and test your company’s alarm and sprinkler systems. Additionally, this gives you an opportunity to fix any issues and make sure you’re prepared for a disaster.
Additionally, bigger firms that need large business property insurance can work with risk management teams to:
  • Create a safe work environment
  • Help reduce loss
  • Improve operations

Where we are

Lawyers Insurance Alliance
39 W. 9000 S.
Sandy, UT 84070
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