Small Commercial Property

Aspera offers Small Commercial Property coverage up to $3,500,000 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 are available 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
    • Laboratories
    • LRO
  • Churches
  • Consultants
  • Daycares
  • Entertainment & media services
  • Hotels and motels
  • 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 $3,500,000 TIV
  • Deductibles starting at $500 (Note: no deductible buy-backs)
  • Minimum Premium: $1,000 (all classes)
  • Wind
    • No CAT wind within 25 miles of coastal water

Availability

You can get Small Property 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
View our Appetite Guide
Become Appointed

Our Commercial Lines Team

Kyle Flynn, Division Manager
(804) 774-2102
kyle.flynn@asperains.com
Chris Hinchcliff, Associate Underwriter
(804) 774-2114
chris.hinchcliff@asperains.com
Begin the appointment process