Commercial property insurance is designed to cover expenses resulting
from loss of/damage to a policyholder’s building and contents. “Contents”
is referred to as Business Personal Property a keyconsideration when deciding how much insurance coverage to purchase.

Some businesses give too little thought to or even underestimate the value
of their assets only to discover, once a loss occurs, that their company is
under-insured. Accurately valuing BPP may take some time and effort, but
the financial benefits are well worth the task.

GETTING STARTED

Create and maintain an inventory of items and their estimated value; review and update annually.
Take into account seasonal fluctuations in your inventory.Look into Inland Marine Coverage if you have items that leave your commercial space.
Exclude company-owned vehicles which are insured through a separate policy.

Consult with a licensed insurance agent about coverage options.

computers

decorations

display racks and cases

equipment fixtures/furniture/furnishings v merchandise and inventory v office supplies

papers, records, and receipts

machinery v  signage v tools

uniforms

personal protective equipment

any other movable, owned items

Specific items will vary based upon your business.