Commercial Property
Commercial Property
Commercial property insurance protects your movable property and business location from risks like fire, theft, vandalism, and other incidents. Commercial property can include buildings, equipment, and inventory that your business rents or owns.
This coverage is included in a business owners policy (BOP), which packages liability, property, and other key insurance coverages for small businesses. It’s sometimes referred to as business hazard insurance.
What does commercial property insurance cover?
Commercial property insurance covers your business’s physical assets, including:
Buildings: If a building you own or rent is damaged by fire, wind, or another covered event, property coverage can help you rebuild. Building coverage can include additions, permanently installed fixtures, and other equipment that’s named in your policy. Business personal property: Inventory, supplies, computers, furniture, and tools are covered by BPP insurance, even if you don’t run your business out of a commercial building.
Business interruption: If property damage impacts your business, business interruption insurance can cover expenses and lost revenue caused by the disruption.