Types of Property Insurance Coverage for Businesses

Author: External Author | | Categories: Dispossessory , Eviction Hearing , Eviction Lawyer , Eviction Services , Eviction Warrant , Landlord-Tenant Attorney , Landlord-Tenant Lawyer , Real Estate Lawyer Atlanta , Wrongful Eviction Attorney

Direct damage coverage is what typically comes to mind when a business owner thinks about property insurance. It covers the cost of repairing or replacing physical property that has been damaged or destroyed by a covered cause of loss.1 Most small businesses obtain direct damage coverage by purchasing a commercial property policy or business owners policy (BOP). Both cover loss or damage to property owned by the business such as buildings, production machinery, office furniture, and stock.

Read More

Original Article Source Credits: The Balance Small Business , https://www.thebalancesmb.com/

Article Written By:  MARIANNE BONNER

Original Article Posted on: March 31, 2020

Link to Original Article:  https://www.thebalancesmb.com/types-of-property-coverage-3866257



Back to top of page