Commercial Property Insurance in Texas
Why Commercial Property Insurance?
Your business relies on physical assets to operate, whether it’s a storefront in Waco, a workshop in Marble Falls, or office space in Lampasas. Commercial property insurance in Texas covers your buildings, equipment, inventory, and contents against perils like fire, theft, or storm damage. In Central Texas, hail and severe storms are a common risk—making property coverage a critical part of your business protection plan.
Coverage Highlights
A business property insurance policy can include:
01.
Coverage for the building or structure itself
02.
Office furniture, fixtures, and computers
03.
Tools, machinery, and equipment (important for contractors)
04.
Inventory and supplies
05.
Business income protection if operations are halted due to a covered loss
Note: Flood coverage isn’t included in standard property policies and often requires a separate policy.
For Contractors & Investors
Contractors often need inland marine or equipment floater coverage to protect tools and materials on the move. Real estate investors in Waco and surrounding towns rely on property insurance to cover rental properties, vacant buildings, or renovations. For new construction projects, Builder’s Risk insurance may be the better fit.
Bundle in a Business Owner’s Policy (BOP)
For many small businesses, it makes sense to combine general liability and property coverage into a Business Owner’s Policy. A BOP simplifies coverage and can save money, while still providing broad protection.
Commercial Property Insurance Cost Factors
Rates depend on property value, location, construction type, and safety measures like fire alarms or security systems. Ironwood Insurance compares multiple carriers to find the right fit at competitive rates.
Protect Your Property – Get a Quote
Let Ironwood Insurance design a property insurance plan for your business in Waco or anywhere in Central Texas.
Frequently Asked Questions About Commercial Property Insurance in Texas
Is commercial property insurance required in Texas?
No, it isn’t legally required, but most landlords, lenders, and contracts will require it before you can lease or finance a property.
Does commercial property insurance cover flood damage?
Standard policies don’t cover flooding. Separate flood insurance is often needed, especially in areas of Central Texas prone to flash flooding.
How much coverage does my business need?
It depends on the value of your building, equipment, and inventory. Ironwood Insurance can help determine the right limit for your business.