Commercial Property Insurance
Business insurance designed to protect insured buildings, contents, stock, equipment or other physical assets against covered causes of loss, subject to policy limits, deductibles and exclusions.
What does Commercial Property Insurance mean?
Business insurance designed to protect insured buildings, contents, stock, equipment or other physical assets against covered causes of loss, subject to policy limits, deductibles and exclusions.
Business property values and locations can differ significantly. Commercial property coverage is also separate from business interruption, which addresses eligible income or continuing-expense effects of an insured shutdown.
Commercial Property Insurance in practice
A covered fire damages a business premises, inventory and equipment. Commercial property coverage may respond to eligible physical damage according to the property schedule and policy wording.