Property insurance

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.

Equipment breakdown coverage is a form of commercial insurance that provides funds to repair or replace damaged machinery or equipment that has suffered a mechanical or electrical failure.

Business property insurance can pay for repair or replacement of stolen, damaged, or destroyed business property.

Business personal property (BPP) refers to movable items owned by your business. It includes office supplies, furniture, computers, machinery – basically everything except for the building itself.

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.

Named perils coverage is a type of commercial property insurance that only protects you against losses your policy specifically lists.

The size of your building, the value of your equipment, and other factors help determine the cost of property insurance.