Business Property Insurance

Whether you've been in business for years or are just starting out, Allstate understands how important it is that your property is well protected. Business property insurance from Allstate helps ensure your livelihood won't be jeopardized if your company's property is damaged. With Allstate in your corner, you can feel more confident that setbacks won't stand in the way of your success. Here's a look at how different types of business property coverage can help protect your business in a number of scenarios.

What's Covered With Business Property Insurance

Property

Property Risks

Billing Records Are Destroyed

There is a fire and your company's billing records are destroyed. This makes it difficult for you to collect payments from customers.

Allstate Coverage

Accounts Receivable Protection

This covers the increased cost of collecting payments and the expense of reestablishing the records of accounts receivable.

Damaged Documents

A pipe bursts and leaks all over a filing cabinet containing your critical documents. Many documents are damaged and others are completely destroyed.

Valuable Papers And Records

This helps cover the cost of restoring important business documents that are damaged or destroyed by a covered loss. This coverage is included in the basic BOP and can be increased if you opt for additional coverage.

Employee Dishonesty

Your business receives checks, credit card payments and sometimes cash for work that you do. When reviewing the receipts for the week, you notice that the deposits were lower than usual.

Employee Dishonesty Coverage

This coverage helps pay for a loss if an employee steals money or property from your business. It is typically an optional coverage.

Computer Hack

It is discovered that someone hacked into your bank account and transferred funds out of your account.

Computer Fraud And Funds Transfer Fraud Coverage

These optional coverages kick in if someone uses a computer to fraudulently transfer money, securities or other property to someone else.

Building Or Property Damage

If your business building or business property are destroyed due to a covered loss, such as a fire or theft, costs could add up quickly.

Business Building/Personal Property Coverage

This coverage pays to repair or replace your owned business building and/or your business personal property, up to the limits you select.

Stolen Cash

Money stolen from your company in a theft or burglary could lead to hardship.

Money And Securities Coverage

This optional coverage helps protect your business against loss of money or securities due to theft, disappearance or destruction. This coverage may provide reimbursement whether the loss occurred on or off your business premises.

You Can't Open Your Business

Your business is damaged due to a fire and you cannot operate until repairs are made.

Business Income And Extra Expense Coverage

This coverage helps with loss of income and fixed expenses, such as rent or payroll, while your business is temporarily closed for repairs after a covered loss.

This coverage provides your business with up to 12 months of coverage.

Computer Virus Attack

You get an email from a client, but you open it to discover that it contains a virus.

Electronic Data Coverage

This provides coverage for repairing and restoring data due to harmful code that damages or destroys any part of your business's computer system.

This coverage is included in a basic BOP, but you have the option to increase coverage limits.

Customer Items Are Stolen

While a customer's goods are in your care, someone breaks in overnight and steals their items.

Customers' Goods Coverage

This coverage provides for direct physical loss of or damage to customers' goods after a covered loss.

Damage To Property While Off Premise

While in transit to a customer or vendor's location, you are involved in an accident, and your tools and equipment are damaged.

Property In Transit/Off Premises

This covers your business property while it's away from your location and/or being transported by vehicle to another location. This coverage is included in Allstate's standard business owners policy.

Power Outage

The utility company's transformer blows and you lose power to your business.

Spoilage Coverage

This optional coverage helps reimburse you for perishable items that spoil due to a power outage.

Download Our Agent Discussion Guide.

As business owners themselves, Allstate agents have a unique understanding of the needs and questions you may have when selecting an insurance plan. To help you prepare for a conversation with your agent, we've compiled a helpful discussion guide.

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Have questions about business insurance coverage?

An Allstate Business Insurance agent can help you learn more about coverage options, including a business owners policy (BOP) to help protect your business. Get started today.

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This is a brief description of business insurance products; this is not a contract. Read your policy for full details about the coverages. To learn more, please contact your Allstate Agent. Coverages are subject to state availability and qualifications. Other terms, conditions and exclusions may apply. Business Owners Policy is issued by Allstate Insurance Company: Northbrook, IL; Allstate New Jersey Insurance Company: Bridgewater, NJ.

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