Think of it as a shield for your physical operations. Our Commercial Property Insurance safeguards your most valuable assets from unexpected loss. Our policy provides building insurance to cover the structure itself, plus protection for your essential equipment, inventory, furniture and more from events like fire, vandalism, or theft. 

For smarter, more convenient protection, we can combine this with General Liability into a single Commercial Package Policy, giving you a comprehensive safety net for your business.

Commercial Property Insurance

How Much Commercial Property Insurance Do I Need?

Choosing the right coverage limit is a critical business calculation designed to ensure you can fully rebuild and reopen after a catastrophic loss. 

An OKFB agent specializes in this process and will help you accurately assess the value of your assets in two key areas:

  1. Your Building’s Replacement Cost: This is the full amount it would cost today to rebuild your structure from the ground up, including materials, labor, and compliance with modern building codes.
  2. Your Business Personal Property (BPP): This is the total value of everything inside your building needed to run your business—your inventory, computers, specialized machinery, furniture, and tools.

By properly valuing these key areas, your agent ensures you have the financial resources to make a full recovery, not just a partial one.

Commercial Property Insurance Coverage Options & Features

Commercial Building Coverage

This is the core protection for your physical location. It covers the cost to repair or rebuild your commercial building, whether it’s an office, a retail store, or a warehouse—if it’s damaged by a fire, storm, or other covered event.

Business  Personal Property Insurance Coverage (BPP)

This vital coverage protects everything inside your building that you need to run your business. This includes your (but not limited to):

  • Inventory and stock
  • Computers and electronics
  • Machinery and equipment
  • Furniture and fixtures

Loss of Business Income Insurance

This is one of the most critical coverages a business can have. If a covered property loss forces you to temporarily close your doors, this helps replace your lost net income and cover ongoing expenses like payroll and rent. It’s the coverage that helps you survive the shutdown and reopen successfully.

Signage Insurance Coverage

Your sign is a valuable asset and your connection to your customers. This specific coverage protects your exterior business signs from damage, whether they are attached to your building or freestanding on your property.

PAYMENT OPTIONS & PREFERENCES

Convenient Payment Options

We offer many ways to conveniently pay your commercial property insurance premiums. Choose from a full payment, quarterly payments or a monthly automatic draft from your bank account. Check with an OKFB agent to see which option may be best for you.

Do you need to change your premium payment preferences?

Don’t fret! – We understand life happens. That’s why we allow our policyholders to easily update their payment preferences. Contact your OKFB agent to make a change.