Gallagher vs Travelers Commercial Property Insurance

Gallagher Small Business arranges building and property insurance with partner carriers rather than underwriting it; its larger property practice separately brokers property programs with underwriters for bigger accounts. ^6,7Company-reported. Small-business product page and the group-level property practice page.

Travelers underwrites commercial property insurance as a standalone policy or packaged with other coverage, with separate product tiers for small, midsized, and large or specialty businesses. ¹¹Company-reported. Product page tier descriptions.

The buildings-and-property product page does not name the insurer that would issue a given business's policy. ⁶Not publicly disclosed. Checked the buildings-and-property product page on 2026-09-23.

Not described in the reviewed sources.

Gallagher recommends this coverage for businesses that own or rent a building, store or office, own or rent expensive equipment or tools, hold inventory, or depend on other valuable business assets. ⁶Company-reported. Product page "Do you need Building and Property Coverage?" list; actual acceptance depends on underwriting.

Travelers offers small business property coverage bundled into its Business Owner's Policy for classes such as contractors, healthcare, retail, restaurants and technology services, Travelers Deluxe and OMNI for midsized businesses, and Customized Property Coverage for large, specialized or high-value risks. ¹¹Company-reported. Product page small, midsized and large/specialty business sections.

Gallagher describes building and property coverage as paying to repair or replace stolen, lost or damaged business property, including the building, equipment and store fixtures, after events such as fire, windstorm or a break-in. ⁶Company-reported. Product page coverage overview; the issued policy and its exclusions control.

Gallagher notes that commercial landlords insure their own building but not a tenant's property inside it, and that most small-business lenders require proof of commercial property insurance for the life of a mortgage. ⁶Company-reported. Product page context; specific lender or landlord requirements vary by lease and loan agreement.

Travelers says the policy covers a company's buildings, office equipment, furniture, fixtures, inventory and lost business income from events such as fire, explosion, storms, theft and vandalism, with additional coverage often available for floods, earthquakes and equipment breakdown. ¹¹Company-reported. Product page "What does commercial property insurance cover?" FAQ; actual inclusions and exclusions are set by the issued policy.

The buildings-and-property product page does not publish limits, deductibles or premiums; it routes buyers to an advisor inquiry form instead. ⁶Not publicly disclosed. Checked the buildings-and-property product page on 2026-09-23.

Travelers says its excess property market typically attaches at $1,000,000 or greater; standard-tier limits and deductibles are not published and depend on the quote. ¹¹Company-reported. Product page "Excess property market" section.

Gallagher's group-level property practice lists appraisal services and global program placement among its property offerings, though these are described at the practice level rather than tied to the small-business product page. ⁷Company-reported. ajg.com property practice page; not confirmed as included in every small-business placement.

Travelers says property customers get access to Risk Control property specialists, an Under Deductible Subrogation service to pursue reimbursement for losses below the deductible, and wildfire mitigation discounts for qualifying properties. ¹¹Company-reported. Product page Risk Control, Under Deductible Subrogation and wildfire mitigation sections.

Gallagher's buildings-and-property page routes buyers to a Connect With An Advisor form asking for company details, business description, additional coverage interests, employee count and annual revenue. ⁶Company-reported. Product page inquiry form, inspected without submission.

Commercial property coverage is bought through a Travelers independent agent, who can help choose between replacement-cost and actual-cash-value coverage and confirm what a lease requires. ¹¹Company-reported. Product page purchasing and lease-review FAQs.