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commercial property insurance

Commercial property insurance protects a commercial building and its contents—such as inventory, computers, telephone systems, documents, furniture, HVAC systems, machinery, and equipment—as well as exterior features such as signs, fences, gates, lighting, and landscaping—from damage caused by fire, burst pipes, storms, theft, and vandalism.

Damage caused by earthquakes and floods is generally not covered by a commercial property insurance policy unless coverage for those natural disasters is added to the policy.

In Connecticut, commercial property insurance is designed to safeguard businesses against the loss or damage of physical assets such as buildings, equipment, inventory, furniture, and other property essential to business operations. Standard policies typically cover perils like fire, theft, vandalism, and certain weather-related damages. However, it is important to note that standard commercial property insurance policies do not usually cover earthquake or flood damage. Business owners in Connecticut seeking coverage for these specific risks often need to purchase additional endorsements or separate policies that specifically address earthquake and flood coverage. It's crucial for business owners to carefully review their policies and consult with an attorney or insurance agent to ensure that their coverage meets their specific needs and that they understand any exclusions or limitations of their policies.

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commercial property insurance

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Connecticut State Code

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Insurance

commercial property insurance