Commercial property insurance provides coverage for physical damage to commercial buildings and their contents. However, there are many things that are not covered by commercial property insurance.
For example, commercial property insurance does not cover floods, earthquakes, or other natural disasters. Additionally, commercial property insurance does not cover damage caused by intentional acts, such as vandalism or theft.
Moreover, commercial property insurance typically has a high deductible, so it is important to have a plan in place to cover the costs of repairs in the event of damage.
By understanding what is not covered by commercial property insurance, businesses can be better prepared to protect their assets.
Please note that this answer is not a definitive list and you should always check with your insurance broker all the precise conditions of your policy.
