What does commercial property insurance cover?
Commercial property insurance is designed to cover the building you use for work, but also the things inside, like furniture, equipment, computers, and other contents you need to get the job done. Then there’s the property outside your four walls – like signs, fencing, and landscaping – that can also be covered under your policy.
Business properties face a variety of risks, from fire to flood to theft, and if one of these damaging events were to disrupt operations, a business owner would typically rely on their commercial property coverage for recovery support. A business property insurance policy is designed to help reimburse you for your lost assets, but it can also help cover loss of income or an increase in expenses related to the property damage.