Scenario 1:
A coastal community is hit by a hurricane, leaving many homes and businesses with extensive wind damage and flooding.
RELATED STATS:
- Hurricane impacts can range from minor wind damage on a roof to a total loss, especially in cases of catastrophic flooding.
- U.S. homeowners collectively spend approximately $20 billion per year repairing their homes after storms.
SOLUTION:
- Homeowners Insurance and Commercial Property Insurance can cover repairs and reconstruction following wind damage from a hurricane, while a separate Flood Insurance policy is needed for flood damage. Learn more
Scenario 2:
An auto shop suffers property damage when a mysterious object crashes through the roof in the early morning hours.
RELATED STAT:
- The Insurance Information Institute estimates more than $222 million in incurred losses for Commercial Insurance in 2023 alone, including dangers from trees and other falling objects.
SOLUTION:
- Commercial Property Insurance can cover the cost of repairs, damaged contents, business interruption and more. It’s critical for property owners to have a relationship with a trusted broker and fully understand their policies. Learn more
Scenario 3:
A popular restaurant suffers extensive damage after a fire erupts in the commercial kitchen and spreads through the building’s ventilation system.
RELATED STATS:
- Severe losses are possible, with potential costs including property damage and loss of business income.
- Structure fires in restaurants cause an average of $165 million in property damage each year.
SOLUTION:
- Commercial Property Insurance can help pay for fire-related property damage, including business equipment, as well as loss of business income during closures. Learn more
Scenario 4:
A retail store and warehouse in Southern California were targeted by thieves in separate incidents, initially getting away with $7,000 and $30,000 worth of Labubu dolls.
RELATED STATS:
- Losses from stolen inventory can range from thousands to tens of thousands of dollars or more.
- The financial impact can be even greater for high-value and hard-to-find items.
- In 2022, U.S. retailers reported $112.1 billion in lost inventory.
SOLUTION:
- A Commercial Property Insurance policy that includes theft coverage for Business Personal Property can help owners mitigate theft losses. Learn more
Scenario 5:
Severe thunderstorms caused the roof of a Walmart distribution center in Sanger, Texas, to partially collapse, while high winds also flipped semitrucks and uprooted trees.
RELATED STATS:
- Storm damage to warehouses can cost millions of dollars to repair, in addition to loss of business income during temporary closures.
- The U.S. experienced 27-billion-dollar weather disasters in 2024, making it the fourth-costliest year on record.
SOLUTION:
- Commercial Property Insurance can cover building repairs, damaged equipment, inventory losses, business interruption, and other storm-related expenses. Commercial General Liability (CGL) Insurance can respond to third-party property damage and bodily injury claims resulting from a storm. Learn more
Scenario 6:
A bridal shop in a historic building in Baltimore, Maryland, suffered extensive damage due to a three-alarm fire and the water used to extinguish it.
RELATED STATS:
- Damage to a historic building can require costly repairs, in addition to the expense of replacing clients’ bridal gowns and other damaged or destroyed property.
SOLUTION:
- Commercial Property Insurance, including Bailee’s Coverage, can help business owners recover after a fire-related loss that damages structures, business property, and others’ belongings. Learn more
Scenario 7:
A commercial building suffers roof damage and broken windows when a severe storm hits the area. Inventory and business equipment are damaged.
RELATED STATS:
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- Property damage after a storm can cost hundreds of thousands of dollars or more to repair, depending on the size of the building and the extent of the damage, in addition to losses from business interruption.
SOLUTION:
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- Commercial Property Insurance can help businesses pay for building repairs and the replacement of business equipment and inventory. It may also include coverage for loss of business income. Learn more
Scenario 8:
A small business experiences a burst pipe during a winter cold snap, flooding its interior and damaging electrical systems and inventory.
RELATED STAT:
- Water and freezing damage accounted for about 20% of small business insurance claims in 2025 and cost an average of $35,000 each.
SOLUTION:
- Property losses due to water, fire, burglary, and more can be covered by Commercial Property Insurance, while third-party bodily injury and property damage claims can be covered under Commercial General Liability (CGL) Insurance. Learn more
Scenario 9:
A fire damages a popular neighborhood restaurant, forcing it to close for several weeks during repairs.
RELATED STAT:
- With no revenue coming in but ongoing expenses like payroll, rent, utilities, and insurance premiums, even a short shutdown can lead to substantial financial losses for a business.
SOLUTION:
- Business Interruption Coverage on policies such as Commercial Property Insurance or a Business Owner’s Policy (BOP) can help replace lost income, cover necessary ongoing operating expenses, and support reopening efforts — including rehiring staff and promoting that the restaurant is back open — until the business can resume normal operations after a covered loss. Learn more
