Commercial Property & Building Insurance
Unexpected events like fire, theft, or weather damage can disrupt your business in seconds. That’s why KASE Insurance offers customized commercial property insurance for Ontario businesses—so you can focus on growth, not risk.
As a leading commercial insurance brokerage, we provide industry-specific coverage that keeps your operations running and your bottom line secure. Our commercial property insurance plans are designed to protect your business’s physical assets, ensuring you have the right coverage when you need it most.
What is Commercial Property Insurance?
Commercial property insurance—also known as business property insurance or commercial building insurance—provides financial coverage for any damages or losses to the workplace (be it owned or leased) and its contents. This includes buildings, equipment, inventory, and furnishings. Whether you own an office, warehouse, or retail space, this coverage is crucial for managing risk, controlling unexpected costs, and keeping your operations running smoothly.
Here at KASE, you can secure commercial real estate insurance as a standalone policy or combine it with other essential business insurance options for comprehensive coverage. Either way, you gain peace of mind knowing your investments and business operations have solid protection to lean on.
Don’t wait until the damage is done. Invest in the best commercial property insurance Ontario business owners trust today!
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Why Do You Need Commercial Property Insurance?
Commercial property insurance in Ontario is highly recommended for companies and entrepreneurs seeking to protect their financial investments. Without commercial property insurance coverage, you are exposed to natural disasters or other catastrophic events that could severely impact business operations.
Protect your physical assets
Your business space, equipment, documents, inventory, and materials are expensive investments. Most business owners don’t have the means to replace these items if damaged or destroyed. Commercial property insurance covers replacement costs, so you don’t have to rely on personal savings or high-interest loans.
Ensure business continuity
Commercial insurance helps you get back on your feet faster when disaster strikes. This financial protection ensures you have the resources to repair damage, replace equipment, and resume operations as soon as possible.
Meet legal or contractual obligations
Many commercial leases and mortgage agreements require tenants and owners to maintain insurance for buildings. KASE Insurance provides adequate business building insurance coverage following your contracts to protect your business from potential legal problems.
Strengthen your business security
Unexpected financial losses from property damage can threaten your business’s survival, growth, and profitability. A comprehensive commercial property policy is the key to confident business decisions without the shadow of “what if” scenarios.
What Does Business Property Insurance Cover?
Commercial property insurance coverage is typically offered as either named perils or all-risk. Named perils policies cover only specific risks listed in the policy, such as fire, theft, or vandalism. All-risk (or comprehensive) coverage, on the other hand, protects against all losses except those explicitly excluded, offering broader protection. Depending on your business needs and location, KASE Insurance can customize your policy with additional endorsements to ensure your property is fully protected from common and industry-specific risks.
Here are some common examples of what building insurance coverage typically includes:
- Buildings you own or lease: Commercial property insurance covers the building or space where your business operations occur, regardless of whether owned or leased.
- Office equipment and important documents: All equipment and physical documents used or stored within the premises of your commercial property can be covered by a comprehensive insurance for office spaces.
- Inventory and stock: Do you use your insured property as a storage space for physical products or raw materials? KASE can help you customize your business property insurance to cover them.
- Furniture and fixtures: Aside from your buildings and inventory, your commercial building insurance can also cover any and all furnishings that make your business functional.
- Outdoor property: Signs, fencing, landscaping, and other exterior assets can be included in your building insurance coverage for 360° protection.
- Employee belongings: Damaged or stolen employees’ personal belongings inside the office/workplace premises are also covered under commercial property insurance.
- Business interruption income loss: Commercial property insurance covers your lost income during downtime in the event of property damage, theft, or external forces forcing you to shut down your operations temporarily.
Types of Insurance Property Owners Should Have
When building commercial property insurance policies, property owners and tenants often need additional coverage to protect their business interests. KASE Insurance offers customized business property insurance bundles that can include:
Commercial General Liability Insurance (CGL)
Commercial general liability insurance covers third-party injuries and saves you from costly legal fees, medical costs, and settlements if someone is injured on your property or by your products.
Business Interruption Insurance
Business interruption coverage supports your company when property damage forces you to halt or reduce operations. It helps cover ongoing expenses, lost revenue, and additional costs incurred while your business recovers.
Professional Liability Insurance
Professional liability insurance—also known as errors and omissions (E&O) insurance—covers your business if a client claims financial loss due to your services, advice, or negligence. It’s vital for consultants, contractors, and service-based businesses that provide expert recommendations or specialized work, offering protection against lawsuits and reputational damage.
Equipment Breakdown Insurance
Equipment breakdown insurance protects your business from unexpected repair or replacement costs due to mechanical or electrical failure. This includes HVAC systems, computers, production machinery, and more.
Product Liability Insurance
Product liability insurance protects businesses that manufacture, distribute, or sell products from claims of injury or property damage caused by those products. Whether it’s a design flaw, manufacturing defect, or labelling issue, this coverage helps manage legal expenses, settlements, and potential recalls—safeguarding your business from costly liability claims.
Commercial Auto Insurance
Vehicles used for business purposes are just as vulnerable as your commercial spaces. Our insurance company can help you safeguard against liability, collision damage, and other risks with customized commercial auto insurance.
Crime Insurance
Commercial property insurance covers burglary and theft, unless caused by an employee. For protection against employee theft, get comprehensive commercial crime insurance from a reliable insurance company like KASE.
Cyber Insurance
Commercial property doesn’t cover digital documents and assets. Cyber insurance keeps your business safe from cybercrimes and ransomware that your computers are vulnerable to.
Who Needs Commercial Property Insurance?
Commercial property insurance is a must-have for any business that has an office, workspace, storage space, or brick-and-mortar store that it relies on. We especially recommend it for these industries:
Restaurants and foodservice companies require property insurance for business to safeguard kitchen equipment, furniture, and stock from fires, burst pipes, or damage from rowdy guests.
Medical equipment often costs an arm and a leg. Secure your investment and practice with commercial building insurance tailored for clinics, hospitals, and other healthcare facilities.
Lawyers, accounting and financial services, consultants, and other professionals need coverage for sensitive documents, computers and tech, as well as furnishings.
Manufacturing facilities and logistics hubs are vulnerable to machinery breakdowns, fires, and accidents. Commercial property insurance provides a financial buffer when downtime from damage starts adding up.
The construction industry runs on physical assets, which can be damaged, stolen, or delayed due to weather, vandalism, or accidents. Commercial property insurance helps secure your materials, tools, and project sites so work can stay on track.
Even if you work from home, standard homeowners insurance may not cover business assets. Commercial home insurance fills the gap and protects your gear.
Why Choose KASE Insurance for Commercial Property Insurance
Commercial property insurance protects your space like your business depends on it—because it does. At KASE Insurance, we customize smarter insurance policies that work for you and only for you. With our brokerage, you:
• Pay only for what you need (no unnecessary riders!)
• Get flexible options tailored to your property and industry needs
• Know exactly what’s covered and what’s not
You also save time and stress with expert brokers who do the legwork for you. Our team will assist you in every step from premium negotiations to filing claims. We’ll even help push commercial property insurers into rapid settlement.
Ready to get the coverage you need? Schedule a no-commitment consultation with our team today!
Read what clients have to say about KASE
By far the most professional and trustworthy insurance brokerage I have known. We have been working with this firm for number of years now and I have nothing but good to say about their team and services. Stan and his team won't stop until we are fully satisfied. They are always on top of things, super fast in their assistance and very professional. I highly recommend this firm to anyone seeking for great insurance brokerage to work with. Big Thank You to Stan and Kase Insurance for many many years of great service!
Reviewer: Alex K
out of 5 stars
Stan and is team at KASE Insurance have been fantastic in explaining what insurance we needed for our business. Very hands on approach and detailed. I work highly recommend KASE Insurance for any business owner looking for great service.
Reviewer: Kyle Grooms
5 out of 5 stars
The KASE team is very easy to work with. They answer your questions quickly, walk you through the process patiently, and find you great rates. We've been working with them for a few years and we haven't felt the need to shop elsewhere because of their customer service.
Reviewer: Sasha Boersma
5 out of 5 stars