Business contents insurance
Covers what’s inside the property or usually within 100 feet of the premises, including personal and business assets. This property coverage protects items such as your laptop, desk, chairs, and more.
Commercial property insurance provides coverage for damage to the following:
The building’s exterior
Say you’ve bought a building to run your business out of. Should something damage your building, you have to pay for the repairs—unless you have commercial property insurance.
What’s inside your building
Whether you rent or own your place of business, you have valuable business equipment inside. From your computer to specialized equipment and tools, your property needs to be protected in case of damage or loss.
Fences, satellite antennas, or even trees and shrubs you own could be costly to replace without insurance.
Equipment used to maintain the premises
You may have a lawnmower, pressure washer, or another piece of equipment that you use to maintain your workspace. This is a business asset, too. (For maximum equipment coverage, be sure to purchase the equipment breakdown add-on.)
Business interruption due to a direct physical loss
Should physical damage to your building or equipment prevent you from conducting business, business interruption insurance could help cover the costs associated with the loss of income.