Commercial Property Insurance in Miami, FL

Whether you own your building or lease it, your business has physical assets that would be expensive to replace. Commercial property insurance covers the building, the equipment inside, inventory, furniture, and signage against fire, theft, windstorm, and other covered causes of loss.

We work with business owners across Miami-Dade and Florida to place property coverage on its own or as part of a package with general liability.

What commercial property insurance covers

• Building coverage, including permanently installed fixtures and equipment
• Business personal property: inventory, furniture, computers, tools
• Tenant improvements and betterments for leased space
• Business income and extra expense after a covered shutdown
• Equipment breakdown
• Outdoor signs, fences, and property of others in your care

What Florida owners should know

Florida commercial property policies carry a separate windstorm or hurricane deductible, often a percentage of the building limit. Coastal locations may be restricted to specific carriers or to Citizens for wind. Flood is excluded and must be placed separately, and many commercial lenders in South Florida require it.

Business income coverage is the piece most owners underbuy. After a hurricane, the building may be repairable, but if you are closed for three months, the lost revenue can do more damage than the storm.

Common questions

Do I need commercial property insurance if I rent my space?

Yes. Your landlord's policy covers the building, not your inventory, equipment, or improvements you paid for. Most commercial leases also require you to carry it.

What is a Business Owners Policy (BOP)?

A BOP bundles commercial property and general liability into one policy, usually at a lower price than buying them separately. It suits most small and mid sized businesses.