Select your state

Insurance

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 Indiana, 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 vital to business operations. Standard policies typically cover risks like fire, theft, vandalism, and certain weather-related damages. However, it's important to note that standard commercial property insurance policies do not usually cover earthquake or flood damage. Business owners in Indiana seeking coverage for these specific natural disasters would need to purchase additional riders or separate policies that specifically address these perils. It's also crucial for policyholders to understand the terms, conditions, and exclusions of their policies, and to ensure that their coverage limits are adequate to cover potential losses.

Legal Articles

State Statutes

Individual & Family Legal Plan

As a LegalFix member, you'll get expert legal services from a local law firm that treats you like an important client. Don't wait—be prepared for life's inevitable legal challenges starting today. And ask your employer, credit union, or membership group about preferred pricing opportunities.

Insurance

commercial property insurance

Individual & Family Legal Plan

Articles

Indiana State Code

Indiana State Code

Insurance

commercial property insurance

Articles