Commercial Property Insurance

Commercial property risks rarely fit a single template. GLG helps business owners, real estate investors, asset managers, property managers, family offices, and real estate investment organizations compare coverage across admitted and specialty insurance markets. We work from the actual property schedule rather than forcing every location into the same solution.

Through wholesale market relationships, including RPS, we can explore options for standard and more complex property accounts. Available programs may include coverage through A.M. Best A-rated carriers, including A+ rated non-admitted carriers, subject to carrier appetite, underwriting, location, construction, occupancy, loss history, limits, and state availability.

Property Insurance for Real Estate Investors and Asset Managers

Whether you are insuring one building, a growing acquisition schedule, or a large multi-state portfolio, GLG can help organize the submission and approach markets suited to the account. Larger total insured values and complex schedules may be considered through layered, primary, excess, or referral-based structures when available - without assuming every property must use the same carrier or policy structure.

• Individual properties and multi-location real estate portfolios
• Office, retail, industrial, warehouse, medical, and mixed commercial properties
• Real estate investor, property manager, asset manager, and REIT-owned schedules
• Occupied, partially vacant, and eligible vacant buildings
• Primary, excess, and full-limit property structures when available
• Wind and hail, flood, earthquake, terrorism, and deductible buyback options when available
• Business income, rental value, equipment breakdown, and ordinance or law considerations

Portfolio size alone should not prevent a review. Capacity, carrier rating, limits, deductibles, terms, and eligibility are determined account by account and cannot be guaranteed until an insurer has completed underwriting and issued written confirmation.

Reasons Your Business Needs Commercial Property Insurance

It's important to protect your business assets through the acquisition of commercial property insurance. This type of protection can safeguard your company against a variety of financial losses from minor to major ones. It can prevent your company from going into bankruptcy should a major catastrophe occur. Whether you own your commercial building or not, you need a level of business insurance that can protect your company's physical assets. Just let our representatives know what type of coverage you are in search of for your business, and they will find the best fit. From natural disasters, such as earthquakes and storms, to manmade accidents to accidental fires, commercial property insurance can protect your business and give you the peace of mind that you need to run it successfully.

What Does Commercial Property Insurance Protect?

This type of business insurance is an important investment. It can ensure the future of your company by protecting valuable assets that might be replaceable as well as those that are not entirely replaceable. You can obtain commercial property insurance that covers each of the following aspects of your business:

• The building
• The contents of the building, including equipment, furniture, and products
• Valuable papers and documentation, including client information, financial data, drawings, designs, and so on
• Business signs
• Lighting fixtures
• Plumbing facilities