What does Commercial Property Insurance cover?

Commercial Property Insurance is designed to provide coverage for both commercial buildings and the contents within them. This type of insurance policy protects businesses from losses due to various risks, such as fire, theft, and natural disasters, which can cause damage to physical assets.

The policy typically covers the physical structure of the building, as well as the furniture, inventory, equipment, and other items that are owned by the business and located on the premises. This comprehensive coverage is essential for protecting a business's investment and maintaining operational continuity in the event of a loss.

Other options listed do not encompass the full range of coverage that Commercial Property Insurance offers. For instance, personal property coverage is not specific to commercial needs and involves an entirely different policy context. Focusing solely on equipment damages limits the scope of coverage significantly, as commercial property insurance includes many other assets. Additionally, residential properties fall outside the purview of commercial property insurance, which is tailored specifically for businesses rather than individual homeowners.