Small Commercial Property

Aspera offers Commercial Property coverage up to $2,500,000 in TIV for a wide variety of small and mid-sized companies. Aspera can offer property solutions for occupancies including cannabis, daycare facilities, offices, vacant buildings, and many more.

Coverage options for All Risk and Single Peril coverages on a ground-up basis.

With deductibles as low as $500, Aspera makes the hard-to-insure easy to please!

Target Classes for Small Commercial Property coverage

  • Cannabis-related industries:
    • CBD/Hemp
    • Dispensaries
    • Extraction
    • Grow
    • LRO
    • Laboratories
  • Consultants
  • Daycares
  • Entertainment & media services
  • LRO commercial/industrial
  • Light manufacturing
  • Miscellaneous service industries
  • Offices
  • Salons
  • Small healthcare facilities (non-habitational)
  • Small retail
  • Vacant buildings

Excluded Classes

  • Agriculture growing crops
  • BPP for home offices
  • Foundries
  • Manufactured housing and RV parks
  • Oil & gas and ocean marine
  • Paper mills
  • Petrochemical
  • Plastic manufacturers and recycling operations
  • Radio, television, and cell towers
  • Rolling stock
  • Tire retreading
  • Timber
  • Welder’s shops

Policy Structure

Policies are written through a non-admitted carrier with a Financial Strength Rating of A (Excellent) by A.M. Best

  • Capacity to $2,500,000 TIV
  • Deductibles starting at $500 (Note: no deductible buy-backs)
  • Minimum premiums
    • $1,000 — All classes except Cannabis
    • $2,500 — Cannabis related industries
  • Wind
    • No CAT wind within 25 miles of coastal water

Availability

You can get General Casualty Coverage from us in these states:

Company Highlights

Here are a few services you can expect when working with us:

  • Quick response time – receive a quote within hours
  • 12.5% commission on new and renewal commercial accounts
  • 24-hour policy issuance
  • Policies written through a non-admitted carrier with a financial strength rating of A (Excellent) by A.M. Best
Submission Requirements
  • Effective date
  • Description of occupancy(s), protection
  • Requested coverage and perils, including a Statement of Values or Acord 140
  • Five-year loss summary
Send a Submission
Printable Small Property Information
Become Appointed

Our Commercial Lines Team

Trish King, Assistant Vice President
(804) 774-2102
trish.king@asperains.com
LeAn Hatch, Senior Underwriter
(804) 774-2108
lean.hatch@asperains.com
Begin the appointment process