Commercial Property Insurance
Preserve the Value. Protect the Asset.
About Commercial Property Insurance
Real estate isn’t just an investment — it’s a high-value asset with operational risk, liability exposure, and massive replacement cost potential. Whether you own a single commercial building or manage a diverse real estate portfolio across New York, your insurance program needs to do more than check a box. It needs to be engineered.
At United Coverage, we specialize in custom-built commercial property insurance solutions designed for real estate investors, developers, and operators who understand the stakes.
What Does Commercial Property Insurance Cover?
Building & Structural Coverage
Covers the physical structure from covered events, including walls, roof, HVAC, and permanently installed fixtures.
Business Personal Property
Includes coverage for items inside the building — office furniture, equipment, inventory, etc.
Loss of Rental Income / Business Interruption
Covers lost income during repair and restoration — a critical lifeline for investor cash flow.
Ordinance & Law Coverage
Pays for upgrades required by modern building codes after a loss — mandatory in most NY municipalities.
Equipment Breakdown
Coverage for mechanical systems, boilers, elevators, and electrical infrastructure — especially important for high-value assets.
Debris Removal & Cleanup
Included as part of the post-loss expense — often underestimated.
What Is Commercial Property Insurance?
Commercial property insurance protects the physical structures and business assets you own or lease from damage caused by fire, theft, vandalism, water intrusion, windstorms, and other covered perils.
But more importantly, the right policy:
- Keeps your investment cash-flowing
- Protects your asset value
- Preserves your debt service and obligations
- Reduces exposure during restoration periods
- Helps satisfy lender requirements and lease covenants
Types of Commercial Property We Insure
We insure a broad class of commercial real estate throughout New York City, Long Island, and beyond — including:
- Multi-Tenant Retail Centers
- Mixed-Use Developments
- Office Buildings and Business Parks
- Industrial and Flex Space
- Medical & Healthcare Facilities
- Hospitality Properties (Hotels, Inns, Extended Stay)
- Warehouses & Storage Facilities
- Franchise Retail Units
- Standalone Commercial Buildings
- Condo & Co-Op Commercial Units
- Vacant Properties (with proper security)
- Triple-Net (NNN) Investment Properties
Whether you’re operating under a holding company, REIT, or LLC, we understand how to structure your policy to align with your ownership and risk strategy.
Policy Enhancements & Add-Ons
Smart investors know insurance is a tool, not a cost. Enhance your program with:
Flood Insurance (especially in NYC & coastal Long Island zones)
Terrorism Risk Insurance (TRIA)
Vacancy Endorsements
Builder’s Risk / Renovation Coverage
Tenant Improvement & Betterments
Cyber & Data Breach Coverage for smart buildings or tenant-facing platforms
Environmental Liability (mold, lead, asbestos, underground tanks)
What Impacts Pricing?
No two buildings are the same, and insurance pricing reflects that. Key pricing factors include:
- Asset type (e.g., medical vs. retail vs. industrial)
- Year built and updates (roof, plumbing, electric, HVAC)
- Location (including Protection Class and CAT zones)
- Construction type (frame, masonry, fire-resistant)
- Occupancy & tenant mix
- Claims history and prior carriers
- Security and fire protection measures
- Total insured value (TIV) and deductible structure
We work with both admitted and non-admitted carriers to secure competitive pricing without sacrificing coverage integrity.
Why United Coverage?
At United Coverage, we don’t pitch insurance — we structure it. Our team understands:
- Lease obligations for triple-net, modified gross, and full-service leases
- Lender insurance requirements, including blanket limits and loss payees
- Risk profiles of tenant types (restaurants, gyms, cannabis, etc.)
- Cash-flow protection through intelligent deductible design
- Scalability for portfolios, trust ownerships, and multiple named insureds
Whether you’re an owner-operator, passive investor, or asset manager overseeing multiple locations, we tailor your insurance to support your real estate strategy — not just your property.
Request a Strategic Coverage Review
If you’re insuring your commercial real estate, you shouldn’t be getting quotes — you should be getting insight.
Let’s Talk Coverage That Works
