Top 3 Commercial Property Insurance Carriers

Commercial Property Insurance Carriers

Commercial insurance is one of the most important purchases a business will ever make. Not having adequate coverage can be extremely detrimental to a small company financially and at worst making it so you need to close your doors. Trying to cut corners can end up being a very costly mistake. We suggest you get the coverage you need to properly protect your company.

At Eugene C Yates Insurance Agency we customize your coverage so you get exactly what you need, every time. Our professional commercial property insurance agents will walk you through the process and answer all of your questions. They also have access to the top commercial property insurance providers in the industry and firsthand knowledge of the best insurance discounts available. This makes it easy for them to get you the best rate on the best coverage.

Commercial insurance will vary from company to company, industry to industry, and commercial insurance provider to commercial insurance provider. Because of this we hand picked 3 of the absolute best commercial property insurance carriers in the industry. They were all graded by price, service and the finer details of each insurance policy.

If you’re interested in a side by side customized price comparison from these commercial property insurance providers, please give us a call today at 916 313 6100.

1) Nationwide

2) The Hartford

3) Progressive

The 3 Best Commercial Property Insurance Companies of 2022:

#1 – Nationwide Commercial Property Insurance:

Nationwide is our first choice as arguably the best commercial property insurance company. They have industry leading coverage and can service a huge range of industries and company sizes.

Nationwide has been in business for close to 100 years which makes them very reputable and reliable. They have a complete range of commercial insurance products available to serve you. In addition, they have policies that are tailor suited to many different industries and business sizes.

Small business needs can be incredibly diverse and many of the commercial property insurance carriers can only supply limited coverage options for specific needs. With Nationwide you will have many options for small, medium and large scale operations. They also have just about every type of coverage you can imagine. They have more traditional coverage such as liability and commercial auto insurance, all the way to some of the newer coverage types suck as cyber insurance.

Nationwide is also recognized as an amazing commercial property insurance carrier to work with. AM Best gave them an A+ (Superior) financial stability rating. Told you the were reliable. In addition, Nationwide ranked #2 in JD Powers study in 2021. They are recognized industry wide as a top commercial property insurance carrier and are a great choice for your business.

If you are interested in a custom commercial property insurance quote from Nationwide, please call us today at 916 313 6100.

#2 – The Hartford Commercial Property Insurance:

The Hartford is one of the absolute best commercial property insurance providers. They have affordable coverage for just about everyone. From large corporations to small businesses they can offer you amazing coverage for your company needs.

The Hartford is one of the oldest commercial property insurance companies around. They have been in business since 1810. It’s safe to say they probably aren’t going anywhere. They can offer policies for small to large businesses and have very affordable rates.

The Hartford has your more traditional commercial insurance policies such as general liability, commercial property insurance, and more. The great thing about the Hartford is they offer commercial property protection that can help pretty much any business. Commercial property insurance is a policy every business should look into. It safeguards tools, equipment, inventory, the structure of the building, signage, furniture and more.

The Hartford has broken its commercial property insurance policies into two categories. The first would be small companies that may have less than $200 million in issuable value & the next would be large sized companies that go over the $200 million in insurable value. The company size is what each policy is tailored for, although the coverage will remain the same.

If you are interested in a custom commercial property insurance quote from The Hartford, please call us today at 916 313 6100.

#3 – Progressive Commercial Property Insurance:

Progressive is known for auto insurance. Being one of the top auto insurance providers in the nation. They specialize in commercial auto insurance, but if you need commercial property insurance you can always go with a business owners policy (BOP) with Progressive.

Progressive offers great discounts for just about anyone and especially if you’re looking to bundle your policies. They have coverage in all 50 states and 24/7 claims service.

One of the downsides about Progressive is the have some commercial policies underwritten by a third party. Overall they are still one of our top choices for commercial insurance coverage.

Progressive may be the largest commercial auto insurance provider in the states and as of 2019 they have written over 1 million policies. They cover a very wide range of vehicles, having coverage available for trucks, buses, trailers, and even personal vehicles.

A great way to get commercial property insurance with Progressive and save money is to bundle that policy with a commercial auto insurance policy. By doing so you can cover your business for most risks including general liability insurance, commercial property insurance, commercial auto insurance, and business interruption insurance.

If you are interested in a custom commercial insurance quote from Progressive, please call us today at 916 313 6100.

Commercial Property Insurance Cost

If you want to find out more information on the cost of commercial property insurance or have additional questions, please give us a call today at 916 313 6100