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Commercial Property Insurance is a type of property insurance that provides coverage for businesses against losses or damage to their physical property, such as buildings, equipment, and inventory. It also covers losses due to theft, vandalism, and other perils. This type of insurance is important for businesses, as it helps protect them from financial losses due to unexpected events.
Commercial Property Insurance policies typically cover the cost of repairs or replacement of damaged property, as well as any lost income due to the interruption of business operations. In addition, some policies may also provide coverage for legal expenses related to property damage claims.
There are many companies that offer Commercial Property Insurance, including Allstate, Chubb, Liberty Mutual, Nationwide, and Travelers. Show Less Read more