# What is commercial property insurance? *Reviewed 2026-05-15* ## Short answer Commercial property insurance covers your business's physical assets, such as your building, equipment, inventory, and furnishings, against covered events like fire, theft, and certain storm damage. It protects what you own or are responsible for at your location, and it is often paired with general liability, including inside a business owners policy. Commercial property responds to damage or loss of the things your business depends on to operate. Depending on the policy that can include the building you own, leasehold improvements, equipment, inventory, and furniture, against covered causes of loss. It is about your own property, not harm to other people, which is what liability covers. Many businesses combine it with general liability, and a business owners policy bundles the two. Reviewing what you own and where, including property at multiple sites, is how you set the right limits. ## Related - [Insurance coverage options](/insurance) - [Contact our team](/contact)