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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 Oregon, 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 risks like fire, theft, vandalism, and damage from certain weather-related events. However, it's important to note that standard commercial property insurance policies do not usually cover earthquake and flood damage. Business owners seeking protection from these specific natural disasters need to purchase additional coverage or separate policies that specifically address these risks. Insurers in Oregon offer earthquake and flood insurance as endorsements or separate policies, and businesses should evaluate their risk exposure to determine if such additional coverage is necessary for their particular location and operations.

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commercial property insurance

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commercial property insurance

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