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What is Commercial Property Insurance and how does it protect your business?
Commercial Property Insurance protects your financial interest in your building, equipment, stock, and other assets — the very things that enable you to deliver the products or services to your customers that generate business income and provide jobs. That’s why this coverage can be one of the most important business insurance products your enterprise can purchase. Commercial Property Insurance policies can also include vital business interruption coverage features that can help you maintain your business income stream should a loss temporarily halt your operations.
A holistic approach to Commercial Property Insurance also pairs Risk Engineering services that help reduce losses with insurance coverages designed to help manage your total cost of risk. Zurich Resilience Solutions’ Risk Engineering professionals understand your business, the risks you face and approaches to reduce and mitigate your risks.
Why choose Zurich for Commercial Property Insurance?
Zurich takes a holistic approach to commercial building insurance because the better you know your risk exposures and plan for them, the better you can help minimize the impact of an event and disruption to your business. We’ve developed approaches based on over a century of experience in North America and around the globe that can provide flexible risk transfer options and services that help cover you before, during and after an event.
Whether your property lies solely within the U.S., or you have international operations, we can support your traditional risk transfer needs with flexible, broad Commercial Property Insurance forms that are customizable for the needs of your industry and business. We are also an industry leader in fronting, reinsurance, and related services for clients with captive insurers.
But what if you could go beyond risk transfer to prevent or reduce damage and minimize the impact of an event on your business? Zurich can help you do this through Risk Engineering and Claims services that help you build resilience whether you are self-insured, manage your risks through a captive or utilize a more traditional approach to risk transfer. And with Zurich, our global footprint can provide you access to these services around the globe, providing a consistent level of service no matter where you conduct business.
200+
Countries and territories in Zurich’s global network – one of the largest in the commercial property insurance industry
9,600+
Claims professionals to help you address a claim no matter where it occurs
850+
Global Risk Engineering professionals
Commercial Property Solutions
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Commercial Property Coverage
As an established presence in the global property insurance marketplace, Zurich underwrites and services a broad range of customers, from midsized to large corporate and multinational organizations. Through a global network of Risk Engineers on our Zurich Resilience Solutions Team and Claims professionals, we help customers manage their property risks around the world through insurance, education, and mitigation services.
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Zurich International Property Damage and Business Interruption Policy
When your company has multinational exposures, a Zurich International Property Damage and Business Interruption Policy helps protect your property in a consistent manner around the globe. Coverage is written to align with Zurich’s worldwide standard wording for international property damage and business interruption coverage.
See how Zurich can help protect your property exposures around the globe
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Zurich Property Portfolio Protection Form
Built with middle market customers in mind, this modular form simplifies the insurance-buying process by providing insurance protection for the coverage you need to operate in today’s increasingly competitive markets and offering flexibility with customizable features. The streamlined form and policy enhancements utilize industry standard language and were developed based on feedback from both customers and brokers. Looking for a packaged policy? Talk to your underwriter about the Zurich Summit Package and get the advantages of Zurich’s Property Portfolio Protection (PPP) form combined with our General Liability coverage.
Zurich Property Portfolio Protection fact sheet -
Zurich Edge II Form
For customers with larger and more complex risks, our “all-risk” Property form is built to be broadly customizable and set the benchmark for Commercial Property Insurance needs. Built with both domestic and multinational clients in mind, Zurich Edge II helps provide greater alignment with applicable insurance regulations in all jurisdictions where we provide insurance.
When implemented as the commercial property component of an international program, the Zurich Edge II policy is the commercial property global master policy supported by Zurich Prime, providing coverage for non-U.S. risk exposures.
Zurich Prime is Zurich Insurance Group’s standard global property policy issued to countries outside of North America as part of an international program. Edge II is the U.S master policy and Prime would be the local property policies issued in the local countries for the international program.
Written in easy-to-understand language and simplified formatting, Zurich Edge II helps provide the contract certainty and broad, flexible coverage our customers have come to expect from Zurich.
Zurich Edge II fact sheet
Other Property Insurance Solutions
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Construction
As one of the leading insurance providers serving the construction industry, Zurich provides creative and differentiated solutions for construction firms designed to help reduce losses and protect workers. Specialized solutions are available for annual practice policies, projects, and wrap-ups.
Learn more about Zurich's Construction Insurance solutions
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Property Programs
Zurich’s Property programs provide coverage for hard-to-place risks, including vacant properties, investor properties, historic properties, industrial property, city multi-family, manufactured housing communities and more.
Learn more about Zurich’s Property programs
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Energy
Zurich Energy Property specializes in comprehensive energy risk solutions, Risk Engineering and Claims support. Our products are customized to meet the needs of customers involved with oil and gas processing; chemical production; mining; refining; power generation and utilities; onshore and offshore exploration and production; and alternative energy and renewables.
Learn more about Zurich’s Energy Insurance solutions
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Marine
Zurich provides Marine Insurance underwriting services for commercial properties on the move at sea, on land or in the air. For customers involved in water transportation and marine operations, we offer comprehensive coverage options such as Hull Insurance and Marine Liability coverage, as well as Ocean Cargo Insurance for property in transit. We also provide Inland Marine coverages insuring a broad range of risk exposures, including contractors’ equipment to warehouse liability.
Learn more about Zurich’s Marine Insurance solutions
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Excess and Surplus
Zurich’s Wholesale Property team works with wholesale distributors to deliver creative underwriting solutions for difficult-to-place commercial property risks. Our experienced professionals will leverage strategic Excess and Surplus (E&S) capacity designed to help brokers provide insurance solutions for challenging risks.
Learn more about Zurich’s Excess and Surplus solutions
Risk Engineering
With the increase in the frequency and severity of major storms, wildfires and other severe weather events, property loss control has never been more vital. But property exposures exist for any business, whether natural hazards are the most pressing risk or not. Loss prevention is the ultimate mission for Zurich Resilience Solutions, and while our assessments are central to that mission, we also offer a variety of loss-control services.
Learn more about Zurich’s Property Risk Engineering Services
Frequently asked questions
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Why does your business need Commercial Property Insurance?Commercial Property Insurance helps protect your business’ essential assets from significant risks. When an unexpected event occurs and causes serious damage to your business’ physical assets, with the potential to disrupt your business, Commercial Property Insurance can provide financial assistance and services to help your company recover more quickly.
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What does a Commercial Property Insurance policy cover?Commercial Property Insurance can provide flexible and broad coverage that is customizable for the needs of your industry and business before, during and after an event. Commercial Property Insurance offers protection for business assets that can include buildings, equipment, inventory, tools, furniture, and personal property.
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