One of the most common types of business insurance, commercial property insurance provides broad coverage for your business’s buildings, inventory, equipment, tools, and more. It typically protects against losses caused by fire, break-ins, vandalism, windstorms, and other natural or manmade disasters.

While a basic commercial property policy might be enough for some businesses, coverage options vary by insurer.  Having the knowledge to work through what is important to your business is essential.   As an independent agency, Summit Insurance helps you choose the right policy and coverage limits tailored to your business needs.

Contact us today to explore all available coverages and learn how to best protect your business property. 

What Commercial Property Insurance Covers

Building Coverage If you own your commercial building, it’s vital to have enough insurance to cover the full replacement cost. While cost estimators exist, we recommend a professional appraisal to determine the current replacement value accurately. Call us today—we’ll help ensure your coverage matches your building’s true value.

Flood Insurance Flood damage is typically excluded from standard commercial property policies. To protect your business against floods, you’ll need to purchase a separate flood insurance policy. Unsure if you’re covered? Let us review your current policy and guide you toward the best solution.

Business Personal Property This coverage protects your furniture, fixtures, equipment, and inventory at your specified business location. Note that most policies offer limited protection for property taken off-site. If your equipment travels frequently, you may need an inland marine policy (also called an equipment or installation floater) to ensure coverage while off premises.

Business Income (Business Interruption Coverage) Business income insurance reimburses you for lost profits and fixed expenses if your business must close temporarily due to covered damage (e.g., fire). It may also cover financial losses if civil authorities restrict access to your business after a disaster. We strongly recommend this coverage to help your business recover smoothly.

Electronic Data Processing (EDP) Insurance Standard property policies often provide limited coverage for computer equipment and networks. EDP insurance expands protection to include perils like power surges and, in some cases, virus attacks—helping safeguard your vital technology assets.

Summit Insurance understands the unique insurance needs of Montana businesses. Call us today to find the right commercial property insurance to protect your business and your future.

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