Commercial Property Insurance
Commercial Property Insurance with LINDAN Insurance
Protecting the Assets That Drive Your Revenue.
Commercial Property Insurance is a fundamental necessity for every business, designed to protect your physical assets—the buildings, equipment, inventory, and crucial items you need to operate—from disasters like fire, severe weather, vandalism, and theft. Whether you own your building or lease your space, this policy provides the financial foundation for recovery, ensuring that a covered loss doesn’t force your business to permanently close its doors.
Why Choose LINDAN Insurance for Your Commercial Property?
Commercial property risks are highly specific, depending on your location, the structure of your building, and the nature of your operations. As expert independent commercial agents, LINDAN Insurance specializes in finding the coverage that accurately reflects these variables.
Here are the LINDAN advantages:
The Independent Agent Advantage: Specialized Risk Placement: LINDAN Insurance is an independent agency. We partner with numerous commercial carriers, each with different underwriting criteria and specialties (e.g., insuring historic buildings, coastal properties, or specialized manufacturing equipment). We shop the market to find the right carrier that offers the most favorable rate for your specific building construction, occupancy, and risk profile.
Accurate Valuation for True Replacement: Many businesses make the mistake of insuring their building for its market or tax value. We help you determine the true replacement value—the cost to actually rebuild the structure and replace your contents—to ensure you are not underinsured in the event of a total loss.
Risk Mitigation Review: We guide you through the key factors that affect your premium: location (proximity to fire stations/hydrants), construction materials (fire-resistant materials), and internal safety measures (sprinklers, fire alarms). We use this data to negotiate the best possible rate classification for your property.
Business Interruption Protection: We emphasize the importance of adding Business Interruption (or Business Income) coverage. This essential addition reimburses you for lost profits and continuing expenses (like payroll) if your business is forced to shut down temporarily due to a covered property loss.
Understanding Commercial Property Coverage
Commercial property policies generally provide the same kind of protection as consumer property insurance, but with features tailored for business needs.
What Does Commercial Property Cover?
| Coverage Component | What It Protects |
| Building Coverage | The physical structure, permanent fixtures (plumbing, HVAC), permanently installed machinery, and completed additions. |
| Business Personal Property (BPP) | Everything located inside the building that is not permanently attached, including furniture, office equipment (computers, printers), raw materials, finished inventory, and machinery. |
| Outdoor Property | External items like detached signs, fences, landscaping, and patios (often with special limits). |
Factors That Determine Your Premium
Insurers analyze several factors to determine your commercial property rate:
Location: Properties in areas with excellent fire protection (near fire stations/hydrants) typically cost less to insure. Conversely, properties in catastrophe-prone zones (hurricanes, wildfires) will have higher rates.
Construction: Buildings made of fire-resistant materials earn better ratings than those with wood or combustible materials.
Occupancy: The building’s use matters. A low-hazard office will have a better rating than a high-hazard auto repair shop. If you share a building, a high-risk tenant can negatively affect the rating for the entire building.
Protection: Having modern fire alarm systems, sprinkler systems, and professional security systems can earn substantial premium discounts.