Commercial Building Insurance

At Baldon Insurance Group, we understand the complexities and risks associated with managing commercial buildings.

Whether you own office spaces, industrial facilities, or mixed-use properties, having the right insurance coverage is crucial to protecting your investments and ensuring the smooth operation of your business.

Specialized Insurance Solutions for Commercial Buildings

Why Choose Commercial Building Insurance?

Commercial building insurance is essential for real estate owners and managers to safeguard their properties against potential risks. This type of insurance covers a wide range of incidents, from property damage to liability claims, ensuring that your business remains resilient in the face of unexpected challenges.

Who Needs Commercial Building Insurance?

Our insurance solutions are thoughtfully customized for a variety of real estate management entities, including:

• Commercial Property Owners: Protecting non-residential buildings.
• Commercial Property Managers: Managing multiple properties and ensuring their safety.
• Real Estate Investment Trusts (REITs): Safeguarding investments in commercial properties.
• Triple Net Lease Properties: Covering properties leased on a net basis.
• Office Class A/B: Ensuring high-value office spaces are adequately protected.
• Light Industrial Facilities: Covering industrial spaces with specific insurance needs.
• Mixed-Use Properties: Providing comprehensive coverage for properties with diverse uses.

Core Coverages for Commercial Building Insurance

General Liability Insurance

Our general liability insurance coverage protects against claims that your real estate business caused bodily injury or property damage. This policy helps meet contractual needs for additional insureds, waiver of subrogation, and primary and non-contributory coverage.

Property Insurance

Our property insurance for mid-sized businesses protects your buildings, facilities, and business equipment. Key coverage extensions include:

• Newly Acquired Property: Protection for newly acquired buildings or expansions.
• Utility Services Interruption: Coverage for losses due to utility service disruptions.
• Ordinance or Law: Covers costs related to compliance with new building codes.
• Green Coverage: Costs to upgrade to energy-efficient systems after a loss.
• Debris Removal: Expenses for removing debris following a covered loss.
• Preservation and Protection of Property: Covers measures taken to protect property from further damage.
• Outdoor Trees, Shrubs, Plants, Lawns, or Sod: Protection for outdoor landscaping.

Umbrella and Excess Liability

This coverage provides your commercial real estate business with worldwide protection and limits up to $25 million, ensuring you are safeguarded against large claims that exceed the limits of your primary liability policies.

Builder’s Risk Insurance

Builder’s Risk Insurance protects contractors and owners from unique risks on both new construction projects and renovations. This coverage includes protection for construction materials, heating and air-conditioning equipment, labor costs, and temporary structures like scaffolding and construction signs.

Pollution Legal Liability

Designed specifically for property owners, this coverage protects against liabilities arising from environmental contamination, ensuring your property remains compliant with environmental laws and regulations.

Cyber Liability Insurance

In today’s digital age, cyber liability insurance helps your business prepare for, respond to, and recover from cyberattacks. This coverage includes protection against data breaches, ransomware, and other cyber threats.