Network Insurance Services, Inc.

What does a commercial property policy cover?

Commercial property (CP) insurance can be loosely described as insurance on commercial buildings and their contents. Commercial property insurance also covers certain structures that are not buildings. Moreover, it insures items of personal property other than those that are strictly contents of buildings, such as property kept in the open. However, with only limited exceptions, CP insurance is restricted to property on (or within 100 feet of) the insured location. Thus, most of the personal property insured is "contents," that is, personal property inside buildings.