Commercial Property Liability
Commercial Property Insurance protects your physical assets, including buildings, personal property, computers, accounts receivable, valuable papers, lost business income, extra expenses and more from a loss from of a covered event.
Property insurance can cover basic perils such as; fire, theft, vandalism or natural disasters, all the way up to wind/hail damage, falling objects, explosions and lightning. Be sure to read your policy carefully for any exclusions. Some flood and earthquake exposures require a separate policy.
Property insurance can also extend to cover others' property while it is in your care, control or custody. Examples could include a copy machine, postage machine, and/or furniture.
It's important to do a thorough inventory of all assets and make sure your property is accurately valued and adequate coverage is in place to insure full replacement.