General Liability GL
Offices, shops, and service businesses · Contractors who must give certificates to general contractors
Core protection if a third party alleges bodily injury or property damage arising from business operations.
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Commercial Lines
Commercial Property / Buildings Property
Coverage for buildings, business personal property, and related property exposures.
Commercial property insurance pays to repair or replace the building and the business property inside it after a covered event such as fire, wind, or theft.
How it works
If you own the building, the policy can cover the structure. If you lease, it can cover your tenant improvements, furniture, inventory, and equipment. The two numbers that matter most are how the property is valued (replacement cost versus actual cash value) and whether the limit would actually rebuild or restock you today. We also look at deductibles, coinsurance, and whether business income should be added so you can keep paying rent and payroll while the location is closed. Owner-occupied buildings and investment properties are both in scope.
Who this is for
- Business owners who occupy their own building
- Investors who own retail, office, or industrial space
- Tenants with expensive build-outs or inventory
- Anyone a lender requires to insure the collateral
What it typically covers
- The building, if you own it or are required to insure it
- Furniture, fixtures, inventory, and equipment
- Tenant improvements you paid for
- Optional business income after a covered shutdown
A simple example
A nighttime fire takes out a retail suite and the stock on the floor. Property coverage is what pays to rebuild and restock. Business income, if you added it, is what helps replace the sales you lost while closed.
Good to know
- Flood and earthquake are typically excluded.
- A cheap limit that cannot rebuild the building is not a savings — it is a coinsurance problem waiting to happen.
Coverage, eligibility, and terms vary by location and underwriting.
Guides
Read this before you quote or apply.
Guide
BOP vs. separate general liability and property
When a packaged business owners policy is enough, and when a contractor or manufacturer has already outgrown it.
Read guideGuide
What to review before renewing commercial liability
Limits, additional insureds, class codes, and the claims that actually blow through a $1 million GL policy.
Read guide