Commercial Property and Business Interruption
Business Interruption - Business interruption insurance is coverage that replaces income lost if a business is halted due to direct physical loss or damage, such as that caused by a fire or a natural disaster.
Commercial property insurance pays to repair or replace your building and any items owned by your business-on-business property if they are damaged or lost in a covered claim.
As with all insurance policies, there are certain events, called perils, that a commercial property insurance policy protects against. While the covered losses may change depending on your provider, these are some of the most common perils that a commercial property insurance policy covers:
Fire
Explosion
Burst pipes
Windstorm
Theft
Vandalism