Commercial property insurance is a form of insurance that protects the property owned by your business – your building, equipment, store fixtures, and more. It pays to replace or restore stolen items and items damaged or destroyed by fires, windstorms, and other events.
Opens perils coverage refers to a type of property insurance that covers damage to your possessions from all causes except those your policy specifically excludes.
Business interruption insurance, also known as business income insurance, is defined as a form of insurance that covers lost income when your business temporarily closes due to a fire, natural disaster, or other covered incident.
Lessor’s risk only is a form of small business insurance that provides liability protection for building owners who lease space to commercial tenants.