Commercial Property Insurance

Commercial property coverage is a type of business insurance that covers the personal property owned by the business.

What can be covered

• Signs
• Furniture and Equipement
• Inventory
• Fences
• Property of others

Possible Covered Losses

• Fire
• Theft
• Natural Disaster
• Bursting Pipes
• Storms

Commercial property insurance is evaluated on a replacement cost or actual cash value basis. Typically, actual cash value policies are lower in premium due to the diminishing value over a period of time. It is best to consult with your agent about what is covered and what losses are covered, then take inventory of the necessary items that need to be covered.