Owning Commercial Property is a significant investment that requires attention and care. Making sure your property is protected if it is damaged by fire, smoke, theft, vandalism, weather, or certain other covered perils must be a top priority. Your Commercial Property insurance should cover damage to the structure as well as trips, slips and falls of tenants, clients or the general public that may be passing by. Business interruption coverage is also recommended for situations when you sustain a covered loss that forces you to temporarily close or relocate. It reimburses you for ongoing expenses (rent, salaries, etc.) and lost income during the closure or relocation period.
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