Imagine that a fire breaks out and you lose your entire inventory. Or your business is burglarized causing physical damage and possibly lost assets. Your ability to recover from these incidents is dependent on your commercial property insurance.
If you intend on opening your business to the general public, general liability coverage is just the tip of the iceberg in terms of the coverage you will need. For a more comprehensive approach to coverage, we encourage you to consider commercial property policy.
A typical Commercial Property Insurance policy includes coverage for:
- Structure (building) of your business
- Lost inventory
- Outdoor signs
- Damage to the property of others