Every business is exposed to the risk of property loss due to events such as fire, theft, or vandalism. Commercial property insurance helps protect your business against these types of losses by providing coverage for the replacement or repair of your business's physical assets.

While the terms of commercial property insurance policies can vary greatly, there are typically three types of coverage that are available: buildings coverage, contents coverage, and loss of income coverage. Buildings coverage provides protection for the physical structure of your business, including the walls, floors, and ceilings. Contents coverage protects the contents of your business, such as furniture, fixtures, and equipment. Loss of income coverage provides protection in the event that your business is forced to temporarily shut down due to a covered property loss.