Commercial insurance functions for businesses similarly to the way home insurance protects a homeowner. It protects businesses from unforeseen damage to their building and its contents. Commercial insurance protects those who run a business on their property or those who lease to other businesses. Your commercial insurance will not protect your tenants against their losses. They will have to purchase a separate policy to protect their assets. Business Owners Insurance is an alternate option for small businesses (fewer than 100 employees, revenue less than $1 million).
This form covers damage caused by common perils such as fire, lightning, windstorm, vehicles, aircraft, explosion, hail, smoke, vandalism, and civil commotion.
This form covers all of the same perils as a basic policy, but also includes water damage, collapse, glass breakage, weight of snow, ice or sleet, falling objects, and sprinkler leakage.
This form covers any loss except those specifically excluded such as flood, earth movement, war, nuclear disaster, wear and tear, and insects.