Operations•7 min read•March 15, 2022
Insurance Considerations for Commercial Property
Understanding commercial property insurance requirements and strategies.
Adequate insurance coverage protects commercial property investments from catastrophic loss. Understanding coverage types and requirements ensures appropriate risk transfer.
Coverage Types
- Property insurance: Building and contents
- Liability coverage: Bodily injury and property damage
- Business interruption: Lost income coverage
- Specialty coverage: Flood, earthquake, terrorism
Risk Management
Insurance is one component of risk management. Physical risk mitigation, lease provisions, and entity structuring complement insurance coverage.
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