Emergency After-Hours: 330-527-5854

Commercial Property Insurance

Ellerhorst Russell Insurance Agency will work with you closely to understand your needs and make sure you’re properly protected. We know the ins and outs of insurance.
Contact An Agent Now

Top Ohio Commercial Property Insurance Agency

When safeguarding your enterprise, picking the appropriate insurance company holds immense significance. You have numerous choices for commercial property insurance firms in Ohio, however, all of them aren’t identical. Collaborating only with the finest Ohio-based commercial property insurance agency is necessary to guarantee the ideal coverages for your business insurance needs.

Commercial Property Insurance pays for repairs or replacement of any damaged or stolen property, plus any liability claims that may arise from accidents that happen on your premises.

At Ellerhorst Insurance Agency LLC, we specialize in providing comprehensive insurance solutions for Ohio businesses. Our agents have the experience to guide you through the complex world of commercial insurance, so you can choose the coverage that suits your needs and budget.

Ellerhorst Insurance Agency LLC understands that every business is different, so we offer customized insurance solutions tailored to your specific needs. Our knowledgeable agents will work closely with you to assess your risks and help you find the right coverage to safeguard your business and your profit.

If you need the best Ohio Office Space Insurance, look no further than Ellerhorst Insurance Agency LLC.

What is Commercial Property Insurance

Commercial property insurance, also known as business property insurance offers coverage for structures, possessions, and liabilities tied to commercial estates. This policy aims to safeguard businesses from potential financial losses stemming from covered threats. These threats often entail fire, theft, vandalism, and acts of nature.

Commercial property insurance can be bought on its own or as part of a wider commercial insurance package. Regardless, it’s key to partner with a seasoned insurance agent to guarantee proper coverage for your business’s distinctive requirements.

Different Types of Commercial Property Insurance

Ohio businesses have access to various commercial property insurance policies. Check out some of the commonly offered coverages:

EDP

Business Building

Business Sign

Furniture & Equipment

Insuring Buildings

Business Personal Property

Flood Insurance

Business Income

Inventory

Other’s Property

Get A Quote
"Discover the pinnacle of comprehensive coverage in our commercial property insurance, specifically tailored to safeguard your valuable assets. In our image, a majestic apartment building stands proudly, constructed with timeless elegance and crafted from vibrant red bricks. Bathed in the soft glow of the sun's rays, the building exudes a sense of strength, security, and unwavering protection. Against the backdrop of a serene light blue sky, this iconic structure represents the epitome of our building insurance offering. Trust in our expertise to shield your property from unforeseen risks, ensuring peace of mind and preserving the essence of your valuable investment."

Insuring Buildings

One of the fundamental forms of commercial property insurance is building and structure coverage. It safeguards the building’s physical structure and any connected structures, like garages or storage sheds. The insurance typically includes protection against various hazards, such as fire, smoke, wind damage, hail damage, and vandalism.
"Explore the comprehensive protection offered by our commercial property insurance, specifically designed to safeguard your business's personal property. In this captivating image, a dedicated woman dressed in a pristine white shirt and a blue apron tends to a lush nursery brimming with vibrant greenery. Surrounded by an array of flourishing plants, she expertly nurtures their growth, symbolizing the care and attention we extend to your valuable assets. As the sun's warm rays flood the room, illuminating the space with a soft radiance, this snapshot encapsulates the essence of our business personal property coverage. Trust in our insurance solutions to shield your cherished possessions and ensure their continued prosperity in every corner of your enterprise."

Business Personal Property Coverage

Business personal property coverage offers security for objects that aren’t connected to the building but are an integral part of the business, such as equipment, furniture, and inventory. This form of coverage generally involves safeguarding against burglary, infer, and other forms of harm.
"Explore the comprehensive protection offered by our commercial property insurance, specifically designed to safeguard your business's personal property. In this captivating image, a dedicated woman dressed in a pristine white shirt and a blue apron tends to a lush nursery brimming with vibrant greenery. Surrounded by an array of flourishing plants, she expertly nurtures their growth, symbolizing the care and attention we extend to your valuable assets. As the sun's warm rays flood the room, illuminating the space with a soft radiance, this snapshot encapsulates the essence of our business personal property coverage. Trust in our insurance solutions to shield your cherished possessions and ensure their continued prosperity in every corner of your enterprise."
In this evocative image, we witness the critical need for Commercial Property Insurance specifically designed to cover against floods. The scene captures a town road submerged entirely in water, with no visible trace of the pavement beneath. The floodwaters create a reflective surface, mirroring the surrounding buildings and sky, accentuating the surreal and disconcerting nature of the event. The water level reaches up to street signs and storefronts, conveying the magnitude of the flood's impact. The image serves as a stark reminder of the devastating consequences that floods can have on businesses, emphasizing the importance of Flood Insurance for commercial properties. It underscores the significance of protection against financial losses incurred due to flood-related damages, such as property destruction, business interruption, and the cost of necessary repairs and restoration. This powerful visual depiction calls attention to the necessity of comprehensive insurance coverage to mitigate the risks posed by natural disasters like floods.

Flood Insurance

Flood insurance benefits establishments that are situated in flood-affected regions. It’s a distinct commercial property coverage that shields against flood-induced damages. Flood damage is typically omitted in standard commercial property insurance policies, so having flood insurance can mitigate losses for businesses.
Get A Quote
In this insightful image, we witness the relevance of Commercial Property Insurance specifically in the context of Business Income Insurance. The focus is on a dedicated female with brown hair, seated at a computer desk, fully engrossed in her accounting tasks. Her attentive expression and focused demeanor convey the importance of managing finances and ensuring the smooth operation of a business. The computer screen and various documents on the desk signify the crucial role of data and financial records in the business income process. The image represents the need for Business Income Insurance, which provides coverage for lost income and additional expenses in the event of a disruption or loss that affects the business's revenue stream. It emphasizes the significance of protecting the financial stability and continuity of a business against unforeseen events or circumstances. This visual depiction underscores the vital role of Commercial Property Insurance in supporting businesses by mitigating financial risks, allowing business owners to focus on their core operations and ensuring the sustained growth and success of their enterprises.

Business Income Insurance

Business income insurance also known as business interruption coverage offers protection for lost income and operating expenses in case a covered event closes down a biz temporarily. Businesses relying on their physical location to generate income may find such coverage essential.
In this insightful image, we witness the relevance of Commercial Property Insurance specifically in the context of Business Income Insurance. The focus is on a dedicated female with brown hair, seated at a computer desk, fully engrossed in her accounting tasks. Her attentive expression and focused demeanor convey the importance of managing finances and ensuring the smooth operation of a business. The computer screen and various documents on the desk signify the crucial role of data and financial records in the business income process. The image represents the need for Business Income Insurance, which provides coverage for lost income and additional expenses in the event of a disruption or loss that affects the business's revenue stream. It emphasizes the significance of protecting the financial stability and continuity of a business against unforeseen events or circumstances. This visual depiction underscores the vital role of Commercial Property Insurance in supporting businesses by mitigating financial risks, allowing business owners to focus on their core operations and ensuring the sustained growth and success of their enterprises.
In this striking image, we are presented with a glimpse into the high-tech world of Electronic Data Processing (EDP) and Commercial Property Insurance. The perspective is from the end of a pristine hallway within a commercial building, stretching into the distance. The hallway is lined on both sides with a meticulously arranged array of white servers, neatly stacked and humming with activity. These servers represent the backbone of an organization's data processing infrastructure, housing critical electronic systems and valuable information. The uniformity and cleanliness of the servers convey a sense of order and professionalism. The image highlights the importance of EDP insurance, which provides coverage for potential risks and damages associated with electronic data processing systems. It serves as a powerful reminder of the crucial role technology plays in modern businesses and the need for comprehensive protection to safeguard valuable assets.

Electronic Data Processing Insurance (EDP)

Electronic data processing insurance (EDP) is a type of insurance that provides coverage for damage to electronic equipment and data caused by covered perils. This type of coverage is particularly important for businesses that rely heavily on technology, such as data centers or businesses that store sensitive customer information.

The types of perils covered under EDP insurance can vary depending on the specific policy, but typically include events such as fire, theft, power surges, and computer viruses. Some policies may also include coverage for damage caused by natural disasters, such as earthquakes or hurricanes.

For businesses that rely on electronic data processing, the potential cost of a data breach or system failure can be enormous. Not only can it result in lost revenue and productivity, but it can also damage the reputation of the business and lead to legal liabilities if sensitive customer information is compromised.

EDP insurance can help mitigate these risks by providing coverage for the costs associated with restoring electronic data and repairing or replacing damaged equipment. This can include costs such as data recovery, equipment repair or replacement, and business interruption losses.

Get A Quote
In this compelling image, we witness the significance of Commercial Property Insurance specifically in the context of a business building. The focus of the image is a confident and physically fit female businesswoman standing atop a car deck. Her poised stance and professional attire exude competence and leadership. The car deck, visible beneath her, represents a symbol of commerce and transportation, signifying the bustling activities that occur within the business building. The image emphasizes the importance of protecting such commercial properties through comprehensive insurance coverage. It portrays the woman as a representative of the business community, highlighting the diverse individuals and enterprises that rely on Commercial Property Insurance to mitigate risks and safeguard their assets. This visual depiction serves as a reminder of the vital role insurance plays in ensuring the longevity and resilience of business buildings, and the peace of mind it provides to entrepreneurs and property owners.

Business Building Coverage

As mentioned earlier, commercial property insurance typically includes coverage for the physical structure of a building and any attached structures.
In this visually clean and minimalistic image, we are presented with a representation of Commercial Property Insurance focused on Furniture and Equipment. The scene depicts a serene office environment with a predominantly white brick backdrop. Positioned in the center of the frame is a sleek white desk, impeccably organized and adorned with a computer on top. The desk reflects a sense of professionalism and productivity, while the computer symbolizes the vital technological assets found within modern offices. The simplicity of the image allows the viewer to appreciate the elegant design and functionality of the office space, emphasizing the importance of protecting valuable furniture and equipment through comprehensive insurance coverage. The image serves as a reminder of the significance of safeguarding physical assets in commercial settings and ensuring their uninterrupted operation in the face of unexpected risks or damages.

Furniture & Equipment Protection

Furniture and equipment are essential items for many businesses, and they can be expensive to replace if they are damaged or lost. Commercial property insurance can provide coverage for these items if they are damaged due to a covered peril.
In this visually clean and minimalistic image, we are presented with a representation of Commercial Property Insurance focused on Furniture and Equipment. The scene depicts a serene office environment with a predominantly white brick backdrop. Positioned in the center of the frame is a sleek white desk, impeccably organized and adorned with a computer on top. The desk reflects a sense of professionalism and productivity, while the computer symbolizes the vital technological assets found within modern offices. The simplicity of the image allows the viewer to appreciate the elegant design and functionality of the office space, emphasizing the importance of protecting valuable furniture and equipment through comprehensive insurance coverage. The image serves as a reminder of the significance of safeguarding physical assets in commercial settings and ensuring their uninterrupted operation in the face of unexpected risks or damages.
In this captivating image, a small local coffee shop is showcased in the warm glow of the evening. The focal point of the picture is the illuminated "OPEN" sign, placed prominently in the window, inviting customers to step inside. The cozy ambiance is enhanced by the soft illumination emanating from the café, casting a gentle light on the surrounding area. The inviting storefront features large glass windows adorned with elegant signage, showcasing the name of the establishment and its offerings. Passersby can catch a glimpse of people inside, engaged in lively conversations or savoring steaming cups of coffee. The image captures the essence of a vibrant local business and symbolizes the importance of signage commercial insurance, safeguarding the livelihood of entrepreneurs and protecting their investments in physical establishments.

Business Sign Insurance

A business sign can be an essential part of a business’s brand and marketing efforts. Commercial property insurance can provide coverage for damage to or loss of a business sign due to covered perils.
Get A Quote
In this insightful image, we observe the significance of Commercial Property Insurance, particularly in relation to business inventory. The central focus is a confident Asian woman, positioned behind a stack of neatly arranged boxes that are ready to be shipped for her business. Her poised demeanor and professional attire reflect her entrepreneurial spirit and dedication to her enterprise. The boxes represent the essential inventory that drives her business operations. The image highlights the importance of safeguarding this inventory through Business Inventory Insurance, which provides protection against potential risks such as damage, loss, or theft. It symbolizes the role of insurance in ensuring the continuity and resilience of businesses, offering financial security in the face of unforeseen circumstances. This visual portrayal underscores the value of comprehensive insurance coverage for business owners, including the diligent protection of their valuable inventory, and emphasizes the role of Commercial Property Insurance in supporting the success and sustainability of entrepreneurial endeavors.

Inventory Insurance Coverage

Inventory is an important asset for businesses that sell products. Commercial property insurance can provide coverage for damage to or loss of inventory due to a covered peril.
In this insightful image, we observe the significance of Commercial Property Insurance, particularly in relation to business inventory. The central focus is a confident Asian woman, positioned behind a stack of neatly arranged boxes that are ready to be shipped for her business. Her poised demeanor and professional attire reflect her entrepreneurial spirit and dedication to her enterprise. The boxes represent the essential inventory that drives her business operations. The image highlights the importance of safeguarding this inventory through Business Inventory Insurance, which provides protection against potential risks such as damage, loss, or theft. It symbolizes the role of insurance in ensuring the continuity and resilience of businesses, offering financial security in the face of unforeseen circumstances. This visual portrayal underscores the value of comprehensive insurance coverage for business owners, including the diligent protection of their valuable inventory, and emphasizes the role of Commercial Property Insurance in supporting the success and sustainability of entrepreneurial endeavors.
In this image, a skilled and determined female artisan stands confidently in her workshop, surrounded by various tools and materials. She is wearing protective goggles and a work apron, indicating her commitment to safety. With a tape measure in hand, she meticulously measures a sturdy wooden board resting on a workbench, preparing to make precise cuts. The workshop exudes an atmosphere of professionalism and productivity, featuring shelves stocked with different types of wood, neatly arranged tools, and a glimpse of unfinished projects in the background. This visual embodies the essence of craftsmanship and highlights the importance of comprehensive commercial insurance coverage, showcasing the dedication and potential risks faced by artisans in their businesses.

Coverage For Others’ property

Commercial property insurance offers to safeguard third-party property under the care, custody, or control of the insured establishment. For instance, if a business is handling a customer’s car that is damaged due to a covered risk, commercial property insurance can come in handy in providing coverage for the impairment.

Aditional Coverages

Cyber Liability
Professional Liability
Employee Dishonesty
Employment Practices Liability (EPL)
Workers Compensation
Commercial Auto
Commercial Umbrella

Benefits Of Ohio Commercial Property Insurance

There are several advantages of owning commercial property insurance for your Ohio business. Below are some of the vital benefits:

Financial Protection For Commercial Properties

Commercial property insurance provides companies with final protection against unforeseen events that may harm/ruin property. If a covered peril causes harm/loss to business property, commercial property insurance can aid with covering costs for repair/replacement. This can prevent the business from facing a significant loss.

Repairing or replacing damaged property can incur substantial expenses, primarily when the damage has widespread effects. A fire, for instance, can damage both the building’s structure and its interiors, including furniture and equipment. Failing to secure an insurance policy against such damage could cause costly financial setbacks to businesses, possibly leading to financial ruin.

Legal Protection For Commercial Properties

Commercial property insurance offers both financial and legal protections to companies, safeguarding them against lawsuits and any damages that may be imposed. This coverage is crucial for businesses that are more vulnerable to litigation risks, especially those with high foot traffic or who operate within the public sphere.

In the event that a customer, employee, or visitor sustains injuries while on the company’s premises, the business could be held accountable for such injuries. The expenses of defending a lawsuit and settling claims can be overwhelming for any business without insurance coverage. To lessen these costs, commercial property insurance is necessary, as it can cover legal fees and damages.
Aside from physical injury claims, commercial property insurance would cover other claims including property damage or advertising violation. In the case that a company’s promotional campaign violates another entity’s trademark, said entity may take legal action against the business. Commercial property insurance could assist with the legal expenses involved in defending against the suit and paying potential damages.

Peace Of Mind For Commercial Properties

Managing a business poses inherent risks. Unforeseen incidents such as acts of nature, theft, or mishaps can swiftly inflict substantial harm or loss to a company’s assets. Lack of coverage can impose a gigantic financial burden for restoring or acquiring new property, which might even necessitate closure.

Commercial property insurance offers a sense of security to business owners by safeguarding their enterprises from unforeseen circumstances. This coverage guarantees that if a covered peril causes any kind of damage or loss to their property, owners don’t have to worry because the insurance policy will shoulder the expenses for repair or replacement. That way, it reduces the financial load and stress that come with unexpected events.

In this engaging image, we witness the essence of Commercial Property Insurance and its relevance to a diverse range of individuals. The focal point of the image is a man and a woman, both wearing warm smiles, seated together in front of a computer screen. Their expressions exude a sense of confidence and satisfaction, suggesting that they are either business owners or decision-makers in a commercial setting. The computer screen symbolizes the digital realm and the modern landscape in which businesses operate. The image represents the broad audience that Commercial Property Insurance caters to, highlighting that it is designed to safeguard the interests of various individuals, from small business owners to corporate entities. It conveys the idea that anyone involved in commercial ventures can benefit from the protection and security provided by comprehensive insurance coverage. This visual encapsulates the inclusive nature of Commercial Property Insurance and the reassurance it offers to those who rely on it for the smooth operation and continuity of their businesses.

Who is Commercial Insurance for?

Commercial property insurance is indispensable coverage for any business that owns or leases a physical space, irrespective of the company’s dimensions or sector. It encompasses small establishments, medium-sized firms, and massive enterprises that operate in a diverse array of domains, including retail, hospitality, production, healthcare, education, and beyond.

Small businesses can significantly gain from commercial property insurance as they usually have limited resources to manage unexpected events – like property damage or loss from natural disasters, theft, or vandalism – because of their tight budgets. Commercial property insurance offers financial protection and caters to the costs of repairing or replacing damaged property, which is vital for the survival of small businesses.

Mid-sized and large businesses derive significant advantages from commercial property insurance due to their greater number of assets that require protection. These assets include buildings, inventory, data, and equipment, which can be crucial for their operations.

For instance, machinery and equipment that are crucial to the functioning of manufacturing concerns are expensive, and damage or loss to these assets would lead to an immense financial impact. Commercial property insurance offers coverage for the repair or replacement of such equipment, allowing commerce to resume its activities as usual.

In this engaging image, we witness the essence of Commercial Property Insurance and its relevance to a diverse range of individuals. The focal point of the image is a man and a woman, both wearing warm smiles, seated together in front of a computer screen. Their expressions exude a sense of confidence and satisfaction, suggesting that they are either business owners or decision-makers in a commercial setting. The computer screen symbolizes the digital realm and the modern landscape in which businesses operate. The image represents the broad audience that Commercial Property Insurance caters to, highlighting that it is designed to safeguard the interests of various individuals, from small business owners to corporate entities. It conveys the idea that anyone involved in commercial ventures can benefit from the protection and security provided by comprehensive insurance coverage. This visual encapsulates the inclusive nature of Commercial Property Insurance and the reassurance it offers to those who rely on it for the smooth operation and continuity of their businesses.

Why do you need Commercial Insurance?

There are several reasons why your Ohio business needs commercial property insurance. Here are some of the most important reasons:

Protection of your Assets

Commercial property insurance can safeguard your business’s tangible assets, including buildings, equipment, and inventory, against harm or loss from insured hazards.

Compliance

Depending on your industry and location, commercial property insurance may be mandatory. Having this insurance can also be beneficial, even if it is not required by law.

Opting for the appropriate commercial property insurance plan is an intricate task. However, businesses can rely on Ellerhorst Insurance Agency LLC to provide guidance and assurance that will cover their assets.

Liability Protection

Commercial Property Insurance can offer liability protection for businesses. In the event of an injury on the premises, it can assist with legal costs & compensate for any awarded damages.

Why Ellerhorst For Your Commercial Building Insurance?

As Ellerhorst Insurance Agency LLC recognizes, each business has its own distinct requirements and hazards. Therefore, we collaborate closely with our clients in adjusting their insurance to match their individual necessities. Being a preeminent Ohio commercial property insurance agency, we are dedicated to furnishing our clients with unparalleled services, broad coverage choices, and attractive pricing options.

Whether you are a small retail shop or a large manufacturing facility, Ellerhorst Insurance Agency LLC can help you find the right commercial property insurance policy to meet your needs. Visit our website at Ellerhorst to learn more about our services and request a free commercial property insurance quote today. With our help, you can protect your business and have peace of mind knowing that you are covered in the event of unexpected property damage or loss.

How Do I Get A Quote For Commercial Building Insurance?

Ellerhorst Russell Insurance Agency will work with you closely to understand your needs and make sure you’re properly protected.
Contact Us

Frequently Asked Commercial Property Insurance

The cost to insure a business can vary widely due to industry, location, occupancy, and the types of coverages in the policy such as replacement cost vs actual cash value. The best way to understand the cost range is to speak with a knowledgeable insurance professional who understands your business and can recommend coverages tailored to you.
A BOP or Business Owners Policy is a policy that generally comes with three coverages; general liability, property, and business interruption coverage. As a business owner, cash flow is everything. Buying a BOP as a bundle can be cheaper than buying the policies on their own.
Similar to a business owners policy, a CPP allows a business to bundle a wide variety of policies into one for the purpose of cost saving. A CCP is similar to a BOP but allows more flexibility and policy types to be included.
The four common types of commercial insurance are; Commercial general liability insurance, property insurance, business interruption insurance, and cyber liability insurance.
A small commercial insurance policy is commercial insurance designed for small businesses. The most common type would be a Business Owners Policy which included general liability, property, and business interruption coverage. Small commercial insurance policies are designed with the small business in mind meaning they are generally cheaper but lack the coverages that large corporations would need.
Even if you rent your space for your business commercial insurance is a good idea. Many commercial landlords will not enter into a lease until proof of commercial insurance is provided.

Toll Free 888-803-8533
Phone: 330-527-4321
Fax: 330-527-5014
Text only numbers:
Mark 330-439-2642
Caitlin 330-382-6790
Danielle 330-439-2422
Kim 330-461-9653

10864 North Street
Garrettsville, OH 44231

Hours Of Operation

Monday
Tuesday
Wednesday
Thursday
Friday
9:00am-5:00pm
9:00am-5:00pm
9:00am-5:00pm
9:00am-5:00pm
9:00am-5:00pm

Follow Us

© 2023 by Ellerhorst Russell Insurance , LLC. Proudly created by VIM WEB SOLUTIONS

Contact Us

Emergency
After-Hours

330-527-5854

Call Now