Commercial property insurance

Commercial Property Insurance

Your business location, equipment, inventory, and furnishings represent substantial investments that keep your operations running, and commercial property insurance protects these assets from fire, wind, hail, theft, vandalism, and other covered perils. Lubbock's weather creates significant risks for commercial buildings, with wind and hail regularly damaging roofs, HVAC systems, signage, and structures throughout the area.

Coverage typically includes the building itself if you own it, business personal property like equipment and inventory, and improvements you've made to leased space. If a fire destroys your building or inventory, if hail damages your roof and water ruins equipment inside, or if thieves break in and steal computers and tools, your commercial property policy covers repair and replacement costs. Without adequate coverage, a single severe event could force you to close permanently.

Business income coverage extends commercial property insurance by replacing lost income and covering continuing expenses when property damage forces you to temporarily shut down. If a storm damages your building so badly that you need to close for repairs, you still face ongoing expenses like rent, loan payments, and employee salaries. Business income coverage keeps money flowing during the recovery period, preventing temporary closure from becoming permanent failure.

Lubbock County ranks in the top 10 for commercial property damage from wind, hail, and dust storms, making adequate property coverage critical for local businesses. Replacement cost coverage pays to replace damaged property with new items rather than paying depreciated actual cash value that leaves you covering the difference. We help you accurately calculate coverage limits that reflect your property's replacement cost, understand policy exclusions and limitations, and find coverage that protects your business assets and operational continuity without overpaying for unnecessary protection or underinsuring critical assets.