Commercial Property Insurance Definition
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What Is Commercial Property Insurance?

What Is Commercial Property Insurance?

Business property insurance is something every company needs – whether you own your own building, lease or work from home.

One of the core coverages in a businessowners policy (BOP), commercial property insurance protects your building and its contents, as well as exterior fixtures, such as a fence or outdoor sign.

Commercial property insurance definition

Commercial property insurance protects your company’s physical assets from fire, explosions, burst pipes, storms, theft and vandalism. Earthquakes and floods typically aren’t covered by commercial property insurance, unless those perils are added to the policy.

How much does commercial property insurance cost?

Determining how much you’ll pay for commercial property insurance largely depends on the value of all of your business assets, including your building. Other factors that determine your premium are based on risk, including:

When shopping for commercial property insurance, make sure you have all the information you’ll need for a quote.

What does commercial property insurance cover?

Commercial property insurance covers your building, everything in it and just outside of it, including:

To learn more about protecting your business property when the unexpected happens, visit our commercial property insurance page.

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