This type of insurance protects your company’s physical assets from fire, explosions, burst pipes, storms, theft, and vandalism. Earthquakes and floods typically aren’t covered by this type of insurance, unless those perils are added to the policy.
Business property insurance covers the building that houses a business along with office equipment, inventory, signs, and machinery in owned or leased locations. Small business owners may consider commercial building insurance as a standalone lessors risk policy exclusively for the building or combine other coverage with typical annual costs starting around $750. Commercial Property Insurance [...]