St. Petersburg Commercial Property Insurance
From retail spaces near Central Avenue to offices in the Grand Central District and industrial buildings in Pinellas Park, commercial property is a major investment. At Pelican Shield Insurance Group, we help St. Petersburg business owners protect their buildings, contents, and income with property insurance tailored to Florida’s unique risks.
Protecting What Your Business Depends On
A single storm, fire, or break-in can bring operations to a halt—especially for St. Pete businesses in high-traffic, coastal, or older buildings. Commercial property insurance helps ensure that if damage occurs, your business can recover quickly without taking on the full financial burden.
Whether you own a building near the Edge District or lease space close to Tropicana Field, we help you understand what coverage you need to protect your location, assets, and future.
Why Commercial Property Coverage Matters in St. Pete
Business property is vulnerable to both everyday accidents and major disasters. Property insurance helps limit downtime and out-of-pocket repair costs.
Safeguard Against Weather & Storm Damage
St. Petersburg businesses are exposed to tropical storms, wind, and flood risks—having proper property coverage is essential.
Cover Equipment, Inventory & Interior Upgrades
Insurance helps pay for repairs or replacements to the physical things your business relies on, even if you don’t own the building.
Support Lease & Lending Requirements
Many landlords and lenders require property insurance—especially in central and coastal business zones throughout the city.
What St. Petersburg Commercial Property Insurance Can Cover
We help tailor coverage based on your space, location, and the type of work you do. A solid policy may include:
Building Coverage
Pays for repairs or rebuilding if your structure is damaged by fire, storm, or vandalism.
Business Personal Property
Covers furniture, fixtures, inventory, computers, and equipment used for day-to-day operations.
Business Income (Interruption Insurance)
Replaces lost income if a covered event like a fire or storm shuts down your business temporarily.
Windstorm & Hurricane Protection
Essential for St. Pete businesses near the coast, this coverage may be excluded from standard policies without an add-on.
Tenant Improvements
Covers build-outs, flooring, and other customizations made to a leased space that aren’t protected by the landlord’s insurance.
Debris Removal & Code Upgrades
Helps pay for cleanup and bringing your building up to current codes during post-damage reconstruction.
St. Petersburg Commercial Property Insurance FAQs
Is wind or hurricane damage covered in St. Pete?
Not always. Many commercial property policies exclude windstorm or named storm damage, especially in coastal zones. We help St. Pete businesses explore wind coverage or deductible buyback options to ensure you’re not left exposed.
Do I need commercial property insurance if I lease my space?
Yes. Your landlord may cover the structure, but you’re usually responsible for your inventory, furniture, equipment, and any improvements you’ve made. Most leases require tenant property and liability coverage.
What if my business is in a historic or older building?
St. Petersburg is full of beautiful, older commercial spaces—but they often come with higher repair costs and special building code requirements. We help you explore ordinance and law coverage to cover the extra expense of code compliance after a loss.
Does property insurance include flood coverage?
No—flood damage is typically excluded and must be purchased separately. This is especially important for businesses in flood-prone areas like Old Northeast, Downtown, and the Warehouse Arts District.
What’s the cost of commercial property insurance in St. Pete?
It depends on your location, building age, coverage limits, and type of business. A retail shop on 4th Street may pay less than a coastal manufacturing facility. We’ll help you find options that balance protection and price.
