Do You Have Commercial Personal Property Insurance?
Protect Your Business Assets With Commercial Personal Property Insurance!
If you don’t have commercial personal property insurance, then you may be putting yourself and your business at risk. Whether you own an automotive business, are in the food and beverage industry, or whether you simply buy commercial property for a real estate investment – this type of insurance is imperative for you to get!
What Is Commercial Personal Property Insurance?
This type of insurance specifically refers to the non real estate property that your company may own. For example, this would include any of the following:
- Office Supplies, such as staplers, staples, pens, notepads, etc.
- Furniture, such as the desk, chair, tables, and so forth.
- Office Furnishings, such lamps, rugs, decorative plants, etc.
- Computers and Electronics. From a basic laptop to studio recording equipment.
- and so on!
Even if you are in a niche industry, and the equipment is specialized, such as heavy machinery for a construction company or auto tools for a dealership, commercial personal property is essentially all non real estate related assets.
Why You NEED Commercial Personal Property Insurance
Quite frankly, it is possible that some of these items may not be covered with general liability insurance. Having additional commercial personal property insurance will insure that you are further covered in the event that something something should happen, and you must make a claim.