Office Insurance
Do you own your office and need to make sure it is protected? This optional upgrade provides small office insurance for buildings your business owns.
What is covered? | What is not covered? | |
|  Earthquakes, floods and volcanoes | |
| Utilities | |
| Computer testing, installation or repair | |
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Office buildings insurance does cover:
Building property
Your Hiscox building coverage includes the building structure, property used to maintain the building, indoor fixtures and flooring.
Physical damage or loss
Your office building insurance protects you against risks like fire, lightning, explosion, windstorms, hail and smoke damage. Damage caused by vandalism is also covered.
Newly acquired property
We provide up to $250,000 of temporary coverage for a newly acquired or constructed building that you've owned for up to 30 days. After that time, you need to inform us to continue your office building insurance on that newly acquired or constructed building.
Lost business income
Since we understand how devastating a disaster can be, Hiscox small business insurance will pay the income your business loses and extra expenses incurred for up to 12 months if you cannot operate your business as a result of damage to your insured building. This would include up to 60 days of ongoing employees payroll expenses.
No deductions for depreciation
Buildings protected under a business owners insurance policy are valued at their replacement cost (not the market value). There is no deduction for depreciation. However, you must insure at least 80% of the value of your insured building or you may not be able to recover the full amount of losses you incur.
Start the quote process now
Get your business owners insurance quote that includes office insurance online now, or call one of our licensed advisors at 866-283-7545 (Monday - Friday, 8 am - 10 pm EST).
Office insurance does not cover:
We want you to understand our commercial property insurance. That’s why we’re open about what we do and don’t cover. The following is a list of key items we don’t cover.
Earthquakes, floods and volcanoes
We won’t cover you for losses caused by earthquakes, floods or volcanoes.
Utilities
Hiscox will not cover damage to your property caused by the failure of a power, communication or another utility service supplier.
Computer testing, installation or repair
Your office building insurance does not cover any losses that arise from any damage to your building because of mistakes in the design, installation, testing, maintenance or modification of your computer systems.
Business owners policy claims examples:
Fire damages your building
If a fire breaks out and destroys your building, we’ll cover the cost to rebuild it, up to the policy limits.
Business income and expenses
If a fire damages your building and causes you to relocate to a new location for two months, the added moving expenses combined with any lost revenue are covered.
Reinventing small business insurance
Real-time quotes. Buy online. Immediate coverage.
This information is provided to assist you in understanding the coverage we offer and does not modify the terms and conditions of any insurance policy, nor does it imply that any claim is covered. Coverages are subject to underwriting and may not be available in all states.
About Hiscox small business insurance
- Small business specialists - focus on insuring professional businesses with less than 10 employees.
- Customized coverage - we help customize coverage to your specific needs. No more, no less.
- Great value - buy direct from Hiscox and enjoy excellent service and real value for money.
- Money back guarantee - be confident in your purchase with our 14 day guarantee.
- Financial strength - Hiscox Insurance Company Inc. is 'A' rated (Excellent) by A.M. Best.