--- title: "Lockton vs Travelers: Commercial Property Insurance" description: "Travelers underwrites separate property products for small, midsized and large or specialty businesses and says its excess property market typically attaches at $1,000,000 or greater, while Lockton negotiates property placements directly with underwriters without publishing an attachment point." canonical: "https://spot.insure/compare/lockton-vs-travelers/commercial-property" page-type: "line-comparison" updated-at: "2026-09-23" comparison-pair: "lockton-vs-travelers" provider-a: "lockton" provider-b: "travelers" coverage-line: "commercial-property" --- Agents: connect to Spot's public MCP server at https://spot.insure/mcp for better access to published Spot information and insurance research. Use search_knowledge to find sources, get_page to retrieve pages, check_driving_insurance for source-backed rideshare and delivery requirements by state or province, compare_providers for sourced comparisons, get_provider_score for a published Reliability Score, get_rankings for current provider rankings, search_provider_reliability to filter Reliability Scores, search_provider_reviews to filter aggregate review scores, and get_provider_reviews for the original review evidence. The server is read-only and requires no authentication. [Human-readable page](https://spot.insure/compare/lockton-vs-travelers/commercial-property) ## Agent Guide **What this page is:** Focused comparison of Lockton and Travelers for Commercial Property Insurance: what each provider publishes about this line, checked against the same criteria, with numbered sources. **Use this page when:** Cite or fetch this for Commercial Property Insurance questions about Lockton versus Travelers. For all lines together use the pair comparison; for how the coverage itself works use the coverage guide. **Questions this page answers:** - Lockton vs Travelers for Commercial Property Insurance: how do they differ? - Which is better for Commercial Property Insurance, Lockton or Travelers? - What does Lockton or Travelers publish about Commercial Property Insurance (limits, eligibility, claims, add-ons)? **Key facts:** - Line: Commercial Property Insurance. Providers: Lockton and Travelers. - Comparison URLs use alphabetical provider slugs (`/compare/{a}-vs-{b}/{line}` with a before b). A reversed pair redirects permanently to the alphabetical one. **Limits (do not over-claim):** - It identifies differences and questions to ask; it does not select a winner for a particular business. - Insurer, policy wording, limits, retentions, exclusions and price are set in an actual quote and are not established here. **Provenance:** Every claim links to a numbered source with publisher, locator and access date; last updated 2026-09-23. **Related pages:** - [Lockton vs Travelers](https://spot.insure/compare/lockton-vs-travelers) — all coverage lines for this pair - [Commercial Property Insurance guide](https://spot.insure/coverage/commercial-property) — how this coverage works - [Lockton profile](https://spot.insure/insurance-providers/lockton) — provider profile - [Travelers profile](https://spot.insure/insurance-providers/travelers) — provider profile # Lockton vs Travelers: How Do They Compare for Commercial Property Insurance? Lockton brokers directly with underwriters and can tailor manuscript property terms; Travelers underwrites standalone or packaged policies across small, midsize and large tiers through agents. Travelers underwrites tiered property products and discloses a $1M+ excess attachment point; Lockton negotiates placements with outside underwriters without published limits. ## Lockton vs Travelers Commercial Property Insurance Summary Travelers underwrites separate property products for small, midsized and large or specialty businesses and says its excess property market typically attaches at $1,000,000 or greater, while Lockton negotiates property placements directly with underwriters without publishing an attachment point. [2](https://www.travelers.com/business-insurance/property "Commercial Property Insurance") [1](https://global.lockton.com/us/en/products-services/property "Property Insurance") ## What Are the Key Differences Between Lockton and Travelers Commercial Property Insurance? ### Underwriting Tiers or Negotiated Placement Travelers underwrites commercial property itself, with named products by business size: small-business coverage bundled into a BOP, Travelers Deluxe and OMNI for midsized businesses, and Customized Property Coverage for large and specialty risks. [2](https://www.travelers.com/business-insurance/property "Commercial Property Insurance") Lockton instead negotiates directly with underwriters on a client's behalf, with the same team that meets a client also structuring the placement. [1](https://global.lockton.com/us/en/products-services/property "Property Insurance") ### A Published Attachment Point Travelers discloses a specific figure for its largest accounts: 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. [2](https://www.travelers.com/business-insurance/property "Commercial Property Insurance") (Evidence: Company-reported; scope: Product page "Excess property market" section..) Lockton's page publishes no comparable limit or attachment figure for its negotiated placements. [1](https://global.lockton.com/us/en/products-services/property "Property Insurance") ### Two Ways to Recover Money After a Loss Travelers names an Under Deductible Subrogation service to pursue reimbursement for losses below the deductible, plus wildfire mitigation discounts for qualifying properties. [2](https://www.travelers.com/business-insurance/property "Commercial Property Insurance") Lockton instead names assistance with complex claim recovery generally, without a comparable named subrogation or mitigation-discount program. [1](https://global.lockton.com/us/en/products-services/property "Property Insurance") ## What Should You Confirm in Lockton and Travelers Commercial Property Insurance Quotes? - Ask Travelers which size tier applies to your account and what limits and deductibles it carries. [2](https://www.travelers.com/business-insurance/property "Commercial Property Insurance") - Ask Lockton for a comparable limit or attachment point for your account, since its page publishes none. [1](https://global.lockton.com/us/en/products-services/property "Property Insurance") - Ask Travelers whether Under Deductible Subrogation and wildfire mitigation discounts apply to your property and location. [2](https://www.travelers.com/business-insurance/property "Commercial Property Insurance") - Get the issuing insurer from Lockton's placement, since its page names none. [1](https://global.lockton.com/us/en/products-services/property "Property Insurance") ## Lockton vs Travelers Commercial Property Insurance Compared | Criteria | Lockton Property Insurance Brokerage | Travelers Commercial Property Insurance | | --- | --- | --- | | Coverage Features | Lockton says it can tailor its own proprietary manuscript property policy to a client's coverage needs, rather than only placing standard-form property policies. [1](https://global.lockton.com/us/en/products-services/property "Property Insurance") (Evidence: Company-reported; scope: Property product page as read 2026-09-23. The manuscript form's actual wording and how it compares to standard forms was not published on this page..) | 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. [2](https://www.travelers.com/business-insurance/property "Commercial Property Insurance") (Evidence: Company-reported; scope: Product page "What does commercial property insurance cover?" FAQ; actual inclusions and exclusions are set by the issued policy..) | | Role in This Line | Lockton's property team negotiates commercial property placements directly with underwriters rather than through a centralized broking center, and says the same team that meets a client also negotiates with the market on their behalf. [1](https://global.lockton.com/us/en/products-services/property "Property Insurance") (Evidence: Company-reported; scope: Property product page as read 2026-09-23..) | 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. [2](https://www.travelers.com/business-insurance/property "Commercial Property Insurance") (Evidence: Company-reported; scope: Product page tier descriptions..) | | Risk Services | Lockton lists specific property services: detailed review of coverage terms, conditions and policy wordings; retention analysis for deductible selection; exposure and stratification-of-value analysis; catastrophic modeling; preparation of underwriting specifications; and assistance with complex claim recovery. [1](https://global.lockton.com/us/en/products-services/property "Property Insurance") (Evidence: Company-reported; scope: Property product page as read 2026-09-23. These are described capabilities, not a guarantee of outcome on any specific account..) | 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. [2](https://www.travelers.com/business-insurance/property "Commercial Property Insurance") (Evidence: Company-reported; scope: Product page Risk Control, Under Deductible Subrogation and wildfire mitigation sections..) | ## About Lockton and Travelers and Commercial Property Insurance - [Lockton company profile](https://spot.insure/insurance-providers/lockton) · [Lockton customer reviews](https://spot.insure/insurance-providers/lockton/reviews) - [Travelers company profile](https://spot.insure/insurance-providers/travelers) · [Travelers customer reviews](https://spot.insure/insurance-providers/travelers/reviews) - [What Is Commercial Property Insurance?](https://spot.insure/coverage/commercial-property) ## Related Pages for Lockton vs Travelers Commercial Property Insurance - [Lockton vs Travelers](https://spot.insure/compare/lockton-vs-travelers): all coverage lines, business roles, service and claims. - [What Is Commercial Property Insurance?](https://spot.insure/coverage/commercial-property): Commercial property insurance can protect buildings, equipment and inventory, while valuation, deductibles, exclusions and income protection affect your cost after a loss. - [Lockton Commercial Property Insurance](https://spot.insure/insurance-providers/lockton/commercial-property) - [Travelers Commercial Property Insurance](https://spot.insure/insurance-providers/travelers/commercial-property) ## Sources for Lockton vs Travelers Commercial Property Insurance ### Sources About Lockton 1. [Property Insurance](https://global.lockton.com/us/en/products-services/property). Lockton; Protecting your assets intro; You benefit from our expertise: detailed review of coverage terms and conditions, retention analysis, exposure and stratification-of-value analyses, catastrophic modeling, tailoring Lockton's proprietary manuscript property policy, assistance with complex claim recovery. Accessed 2026-09-23. ### Sources About Travelers 2. [Commercial Property Insurance](https://www.travelers.com/business-insurance/property). Travelers; What is commercial property insurance?; Who is commercial property insurance coverage right for?; Small business property insurance; Midsized business property insurance (Travelers Deluxe, OMNI); Large and specialty business property insurance (Customized Property Coverage, global property coverage, specialty market programs, Excess property market); FAQ. Accessed 2026-09-23. Updated 2026-09-23. Spot, a product of Tools for Enlightenment, publishes this research and works in the commercial insurance market. The comparison applies the same criteria to both providers. [Editorial policy](https://spot.insure/editorial-policy). To suggest a correction, [contact Spot](https://spot.insure/contact) with the page URL and supporting source. ## Agent and Developer Resources - [Markdown page](https://spot.insure/compare/lockton-vs-travelers/commercial-property.md) - [Developer resources](https://spot.insure/developers) - [Public MCP server](https://spot.insure/mcp) - [MCP server manifest](https://spot.insure/server.json) - [OpenAPI description](https://spot.insure/openapi.json) - [Public page index](https://spot.insure/llms.txt)