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Availing the Benefits of Commercial property insurance


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Business property insurance protects the financial interests of companies and business owners in the event that they face formal lawsuits or any third-party claims.

Although most business owner policies (BOPs) do provide coverage for property, this most often pertains only to the actual structure of your business. Under a BOP, generally, the structure of your business is covered from events of “peril” (i.e. weather-related damage) and causes of loss (i.e. Robbery). What about the furniture, computers, and equipment in your building? Who will cover the cost of replacing an outdoor sign?

This is where Business Property Insurance comes in. A typical Commercial Property Insurance policy will cover the property of your business that a BOP will not.

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Created by siaonline 50 weeks 2 days ago – Made popular 50 weeks 1 day ago
Category: Insurance   Tags:
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