Smart Business:

Commercial property insurance is essential, not only for businesses who own buildings but other property such as equipment, merchandise, office furniture and more. 

Businesses need to be smart about insuring their property. A proper commercial insurance policy will pay for losses associated with fire, theft, explosions, water damage from pipes and natural catastrophes. 

Commercial insurance policies may also replace loss of income due to a covered loss. 

If property is financed through a lending institution, a commercial policy may be required by the terms of the loan however if the property is owned outright, it is still important for a business to properly insure it's property as a loss may be devastating to a companies operations.