Commercial property insurance is a type of coverage that provides financial protection for businesses against property damage and loss. It covers the physical assets of a business, including buildings, equipment, inventory, furniture, and fixtures. One of the key benefits of commercial property insurance is its coverage for property damage caused by perils such as fire, theft, vandalism, natural disasters, or accidents. In the event of a covered loss, the insurance policy can help cover the costs of repairing or replacing the damaged property, allowing businesses to recover and resume their operations more quickly.
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