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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 Oklahoma, commercial property insurance is designed to safeguard businesses against losses to their physical assets, such as buildings and their contents, due to perils like fire, burst pipes, storms, theft, and vandalism. This insurance typically covers items like inventory, electronics, office furniture, and outdoor features like signs and fences. However, standard policies do not automatically cover earthquake and flood damage. Business owners in Oklahoma must typically purchase additional coverage or endorsements to protect against these specific natural disasters. It's important for businesses to review their policies and consider the geographical risks in their area to determine if adding such coverage is necessary for their particular situation.

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commercial property insurance

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