Commercial Property insurance policies for businesses and other organizations insure against damage to buildings and contents due to a covered cause of loss, such as a fire, hurricane, wind, and other perils, depending on coverage purchased.
The policy may also cover loss of income or increase in expenses that result from the property damage (PD). Commercial property policies may be written on standard or nonstandard forms.
Commercial Property policies can provide coverage for:
Building Ordinance and Law
Utility Service Direct Damage
Building and Business Property