Office Space Insurance for Office Building Owners
out of 5 customer review rating and 200,000+ policies sold
Who Needs Office Space Insurance?
Office building insurance like lessor’s risk coverage is important for office building or commercial property owners. Because injuries can occur anywhere, you need a workers’ comp policy for your employees. For property damage, we recommend a business owners policy or BOP (also called property & liability insurance). It also can cover equipment and data recovery costs in the event of an occurrence like a large fire.
Any Office Owner and Commercial Building Owner Needs Office Building Insurance, Including:
- Commercial building owners
- Office building owners
- Retail building owners
- Small business owners
What are the Different Types of Office Building Insurance?
At biBERK, we offer five types of insurance for office space and buildings for small business owners like you. Depending on the location of your business and other factors, certain types might be better for you than others.
Workers' Compensation insurance
This insurance helps protect your business if an employee is injured, contracts an illness, or dies as a result of an incident on the job. It can cover medical costs, legal fees, and lost wages due to the injury too.
Workers' Compensationchevron_rightBusiness Owners Policy
Also called property & liability insurance, a business owners policy (BOP) combines general liability insurance with coverage for your company’s property. It covers damages and legal costs associated with injury claims to people you don't employ, damage to other people's property that was caused by your business, and medical costs associated with these incidents. It also covers libel, slander, and copyright infringement. In addition, you'll get protection for the building you own and any property needed to run your business, while also receiving coverage for things like business interruption. This can replace lost income, as well as cover other costs associated with getting your business back up and running after suffering property damage. You can also tailor your BOP with add-ons including cyber, hired and non-owned auto liability, employment-related practices liability, and employee benefits liability.
Business Owners Policychevron_rightCommercial Auto insurance
If your company owns or leases vehicles, this policy protects your business. This type of insurance can provide coverage for your legal fees and the medical costs of others if your employee is at fault in an accident. It can cover the cost of damages even if the vehicle is used for personal activities outside of its primary business use.
Commercial Autochevron_rightCyber insurance
This coverage can be purchased as an add-on to a general liability, professional liability, or BOP policy. It helps cover costs related to system hacks or data security breaches in which sensitive information has been stolen and fraud has occurred or there is a reasonable expectation that it might occur.
Cyber Insurancechevron_rightUmbrella insurance
Every insurance policy you purchase has a maximum value that it will cover in the event of an incident. Umbrella insurance adds another layer of protection: It can cover costs that exceed the limit of another liability policy, subject to its own limit. Without it, you may be responsible for anything over your policy limit. Business liability suits can easily exceed the actual value of many small businesses, so we highly recommend an umbrella policy to protect your company.
Umbrella Insurancechevron_rightWhat Does Office Space Insurance Cost?
Office building insurance rates vary because your insurance cost is calculated based on a number of factors. These include your location, business size, and claims history. Get convenient office insurance quotes online in minutes for all the small business insurance policies you need.
Why biBERK for Office Space Insurance?
We’re the experts when it comes to small business insurance.
Save time.
Get a quote entirely online or speak with one of our insurance experts right away for help getting a quote, buying a policy, or answering any questions you may have.
Save money.
We insure your small business directly, without a middleman or insurance broker, so we pass that savings on to you—up to 20% less than policies with other insurance companies.
Experienced.
We're part of Warren Buffett's Berkshire Hathaway Insurance Group with millions of satisfied customers, more than 75 years of insurance experience, and $52.2 billion in paid claims in 2023.
Get a Quote Today
See why biBERK is easier and more convenient for office insurance when you obtain your free quote online.