Commercial Property Insurance
Protect Your Business From the Ground Up
Your building, equipment, inventory, and physical assets are the backbone of your operation. Whether you run a retail store in Lubbock or manage a workshop in Abernathy, we offer commercial property insurance that protects the space you’ve built and everything inside it—so your business can recover quickly after a loss.
What Your Commercial Property Insurance Can Include
Building Coverage
Pays to repair or rebuild the structure if it’s damaged by fire, wind, hail, vandalism, or other covered events.
Contents Coverage
Covers everything inside—furniture, inventory, supplies, tools, machinery, and business equipment.
Business Interruption Insurance
Reimburses lost income and operating expenses if your business is temporarily shut down due to a covered loss.
Equipment Breakdown Coverage
Helps cover the cost of repairing or replacing mechanical or electrical systems that fail unexpectedly.
Outdoor Signage & Fixtures
Includes coverage for signs, fencing, or lighting that may not be covered by a standard building policy.
Tenant Improvements
Covers renovations, upgrades, or custom work you’ve done in a leased commercial space.
Built for West Texas Business Risks
Real coverage for real-world events
Business owners in West Texas face unique property risks—from hailstorms that batter rooftops to equipment damage caused by sudden power loss or lightning. Many properties in Abernathy, Lubbock, and the surrounding areas also house expensive machinery, inventory, or tools that are critical to keeping things running day to day. A single storm, fire, or vandalism event could set a business back weeks—or even force it to shut down entirely. That’s why we help business owners develop commercial property coverage that’s not just based on a national template, but actually reflects the location, assets, and exposure specific to their operation. Whether you own your building or lease your space, we’ll make sure your coverage lines up with the way you work.
Frequently Asked Questions
Is commercial property insurance required in Texas?
It isn’t required by law, but most lenders and commercial landlords will require it before financing or leasing a business space. Even if you own your building outright, having this coverage is essential to avoid devastating out-of-pocket losses. Property insurance helps you recover after fire, weather damage, or theft. It’s one of the core policies every business should carry.
How much coverage do I need for my business property?
Your coverage amount should reflect the full replacement cost of the building and the assets inside it—not just the purchase value. For buildings, this means calculating current construction costs per square foot in your area. For contents, we’ll take an inventory of equipment, materials, and stock to estimate what’s needed. The goal is full recovery after a worst-case scenario.
Does commercial property insurance cover flood or wind damage?
Most policies cover wind and hail damage—especially important in storm-prone areas of West Texas. However, flood damage from rising water is not included and requires a separate flood policy. If your business is in a low-lying area or near poorly drained lots, we may recommend additional protection. We’ll review the weather risks specific to your location.
What if I lease my building—do I still need this?
Yes, even if you lease, you’re responsible for insuring your business’s contents, tenant improvements, and potentially signage or other upgrades. Your landlord’s policy typically only covers the shell of the building—not what’s inside your unit. If you’ve invested in fixtures or brought in your own tools, those assets should be protected. We’ll help you determine where your responsibility starts and ends.
How much does commercial property insurance cost?
Premiums vary based on the value of the property, location, building age, materials, and occupancy. In West Texas, many small businesses pay between $500 and $2,500 annually, but higher-value buildings or those with specialized equipment can exceed that. We’ll work to find affordable coverage that reflects your specific needs, industry, and budget. Discounts may apply if you bundle with liability or other business policies.
