Commercial property

Commercial property policy provides coverage for real and personal property that is used in a business. Protecting the insured's real and business personal property must be a primary goal of any commercial insurance program. Regardless of the size of the business, tangible property usually represents a large portion of its total assets. As a result, it should always be reviewed and used for comparison when evaluating any commercial property coverage form.

What is included in a Property Policy?

• Building--Physical structures.  Equipment used to service the land and building items permanently attached to the building.
• Contents--Personal property.  Furntire, fixtures, and stock/inventory.
• Business Income/Extra Expense--Financial loss that may occure due to loss of physical property by a covered peril.  Covers increased cost to remain in operation after loss by covered peril. 
• Other Coverages--Equipment Breakdown, Money and Securities, Valuable Papers and Records, Property Off-Premises, Accounts Receivable, Employee Dishonesty, and Back-up of Sewer and Drain Water Damge just to name a few.