Business Insurance
Commercial Property Insurance
Definition
Insurance that covers a business's physical assets — including buildings, equipment, inventory, furniture, and fixtures — against loss from covered perils such as fire, theft, and certain natural disasters.
In Zach’s Words
“If you have a physical space for your business — an office, a restaurant, a warehouse — commercial property insurance protects the stuff inside it and the building itself. Fire, theft, vandalism, certain weather events. Think of it as homeowners insurance, but for your business.”
— Zach Nadler, CIO