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Commercial Property insurance protects your business in the event property owned by your company is damaged, lost or stolen. It covers the cost to repair damaged property and to replace what you’ve lost. Being able to keep your business running should a loss occur is important to your bottom line. Commercial Property insurance can lessen the impact of a loss to your business and get things back to normal.
There are two types of Commercial Property policies:
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Named Peril: Protects against losses resulting from only those types of losses (Perils) the policy names, such as fire, lightning, windstorm, water damage, aircraft and vehicles.
- All Risk: Protects against all types of losses (Perils) except those specifically excluded from coverage in the policy, such as flood, earth movement and wear and tear. All Risk policies offer broader coverage to most businesses.
Coverage can and does vary from one insurance company to the next. Our commercial insurance specialists can assess your needs and suggest the right coverage for your business!
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