See what businesses like yours can expect to pay for coverage
Use NEXT’s tool to get a basic estimate of your commercial property insurance costs. If you like what you see, you can get a detailed quote tailored to your business.
How to use our Commercial Property calculator
Our calculator uses our database and AI-driven underwriting technology to estimate how much you might pay for commercial property insurance.
How to use our calculator:
- Enter your location — Select the state where you do most of your work in the drop-down menu.
- Select the type of work you do — Select the industry that is the closest match to what your business does in the second drop-down menu.
After providing this information, you’ll see an estimate of your monthly commercial property insurance expenses based on what other similar businesses in your area pay.
To get a quote tailored to your specific business operations, click the “Start Detailed Quote” button.
We’ll ask you to share a few more details about your business, including:
- Number of employees
- Your business name and location
- The type of work you do
- Your expected revenue
When you’re finished, you’ll get a detailed description of your commercial property insurance quote with policy limits. You can immediately purchase coverage.
We’ll also provide recommendations for other types of coverage that could be a good fit for your business, such as general liability or workers’ compensation insurance.
What businesses typically pay for Commercial Property insurance
Commercial property insurance can cost as little as $17 monthly for some low-risk businesses, but it’ll depend on your circumstances. About 56% of NEXT customers pay less than $25 monthly.**
Multiple factors determine how much you’ll actually pay for commercial property insurance, including:
- How high you set your limits — If you want more coverage, you can select higher limits, which will almost always increase policy costs.
- Your business operations — Low-risk businesses generally have lower insurance costs because they are less likely to have a serious insurance claim. Operations with higher property risks, such as restaurants, have higher premiums because there is more potential for an injury or property damage.
- Your insurance claims history — Your claims history has an impact on your insurance fees.
Learn more about commercial property insurance costs.
How NEXT can help your business
NEXT is 100% dedicated to small businesses and it’s our mission to make protecting your business as simple and painless as possible.
Getting insurance through NEXT can be done entirely without talking to an agent. And if you do have questions, our licensed, U.S.-based insurance professionals are ready with the answers.
You can complete our application, see policy options, buy coverage and get your live certificate of insurance in less than 10 minutes.
Let’s find the coverage you need for your business
Business insurance is divided into different policies. We offer seven types so it's easy to design the coverage that fits your business.
* To the extent permitted by law, applicants are individually underwritten, not all applicants may qualify. Individual rates and savings vary and are subject to change. Discounts and savings are available where state laws and regulations allow, and may vary by state. Certain discounts apply to specific coverages only.
** The cost data presented here are based on NEXT active customers in the U.S. who purchased general liability insurance over the previous 12 months. These data should not be considered a substitute for obtaining a quote specific to your business. These data were updated in November 2022.