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Building and Personal Property Coverage

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Building and Personal Property Coverage
Insurance that a business owner purchases providing coverage for most damage to its office or any of the property contained in it. This insurance covers all damages named in the policy, such as damage from fire, vandalism or theft. A building and personal property policy reduces some of the risks of doing business.
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Referring to ISO's explanation of covered property (under their building and personal property coverage form (CP 00 10), additions under construction, not covered by other insurance, are automatically covered along with materials, equipment, supplies, and temporary structures on or within 100 feet of the premises used for such additions.
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