Commercial Property Insurance Built for How Your Business Operates
From single locations to complex portfolios, we help protect your buildings, equipment, and revenue with coverage structured around your business.
What We Cover
We provide tailored commercial property insurance solutions, including:
- Buildings and structures
- Contents, equipment, and stock
- Tenant improvements and leasehold interests
- Business Interruption / Loss of Income
- Equipment Breakdown
- Course of Construction (Builder’s Risk)
- Rental Income Protection
- Umbrella & Excess Liability (where applicable)
Business Interruption & Loss of Income
Property damage is only part of the risk — for many businesses, the bigger impact is the loss of income that follows.
Business interruption coverage is designed to replace lost revenue and help cover ongoing expenses if your business is unable to operate due to an insured event, such as fire, water damage, or equipment failure.
This is a critical component for many types of businesses:
- A manufacturing operation facing production downtime
- A retail business forced to temporarily close
- A restaurant or hospitality operation losing daily revenue
- A property owner losing rental income after a loss
Properly structuring this coverage involves more than just adding a limit. We work with you to align indemnity periods, revenue assumptions, and expense structures with how your business actually operates — helping avoid gaps that can become costly during a claim.
Course of Construction (Builder’s Risk)
For businesses involved in building, renovating, or developing property, standard property insurance does not apply during construction.
Course of Construction (often referred to as Builder’s Risk) is designed to protect projects while they are being built, covering materials, labour, and partially completed work.
This coverage is essential for:
- New construction projects
- Renovations and tenant improvements
- Multi-phase developments
- Real estate investors and developers
We help ensure builder’s risk coverage is structured correctly based on project value, timelines, and contractual requirements — helping protect your investment from the ground up.
Who We Work With
We support a wide range of businesses and property owners, including:
- Commercial property owners and real estate investors
- Contractors and developers
- Manufacturing and industrial operations
- Retail, wholesale, and hospitality businesses
- Agricultural operations
- Multi-location and growing businesses
From a single building to a diversified portfolio, we structure coverage that evolves with your business.
Common Risks & Considerations
Commercial property insurance requires careful consideration of how your business operates. Key factors include:
- Replacement cost accuracy for buildings and equipment
- Exposure to fire, water damage, and severe weather events
- Business interruption and revenue dependency
- Equipment breakdown impacting operations
- Vacancy or changes in occupancy
- Construction and renovation exposure
- Portfolio growth and scaling operations
Ensuring your coverage reflects these factors is critical to protecting both your physical assets and your financial stability.
Operational Areas We Consider
A strong commercial property insurance program needs to reflect the full scope of your business, including:
- Type of property (commercial, industrial, mixed-use)
- Ownership structure (owner-occupied vs leased)
- Number of locations and geographic spread
- Equipment values and operational dependency
- Revenue streams and exposure to downtime
- Future growth and expansion plans
We take a practical, business-focused approach to ensure your insurance aligns with your operations.
Why Choose Coughlin Insurance?
We don’t just place policies — we help build insurance programs that support your business long-term.
Experience working with a wide range of commercial property risks
Access to leading Canadian and global insurance markets
Ability to structure coverage for both simple and complex operations
Practical advice aligned with real-world business needs
Ongoing support as your business grows and evolves
Frequently Asked Questions
What does commercial property insurance cover?
It typically covers buildings, contents, equipment, and loss of income resulting from insured events such as fire or water damage.
How is replacement cost determined?
Replacement cost reflects the amount required to rebuild or replace property at today’s costs, not original purchase price.
Is business interruption included automatically?
It can be included, but limits and structure need to be tailored to your business.
Do I need builder’s risk insurance for renovations?
Yes — standard policies typically do not cover property during construction or major renovations.
How often should property insurance be reviewed?
At least annually, or whenever your business grows, acquires property, or changes operations.
Let’s build a commercial property program that protects your assets and keeps your business moving.
