Commercial property insurance covers buildings you own or lease as a part of your business, your business personal property, and the personal property of others. This coverage can be purchased separately, or as part of a package which combines as commercial property, General Liability, and commercial auto. Building coverage includes buildings or structures and any completed additions listed on the declarations page of a commercial policy. Permanently installed fixtures, machinery, and equipment are also insured as a part of building coverage. You are required under the insurance policy to fully insure the value of your buildings. If a building is not insured to value, you can be subject to a monetary penalty at the time of a loss.
PM Insurance is the one stop shop for your business’ Commercial Property policy needs.