Topic

Property insurance

Property insurance
What is commercial property insurance?
Commercial property insurance covers the cost of repairing or replacing damaged or lost business property. Compare free quotes online from top insurance companies today.
Property insurance
How much does commercial property insurance cost?

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

Property insurance
What does commercial property insurance cover?

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

Business insurance glossary
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.

Business insurance glossary
Replacement value

The replacement value is how much it would cost to buy a brand-new replacement for a destroyed or stolen item.

Business insurance glossary
Open perils

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 insurance glossary
Equipment breakdown coverage

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 insurance glossary
Actual cash value

The actual cash value (ACV) is the current value of an insured item.

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