Building and Personal Property Coverage
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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive
In reporting the loss to the insurer, the agent asserts the damaged HVAC unit is Tenants Improvements and Betterments (TI&B), attempting to get the loss covered under item A.1.b.(6) of the Your Business Personal Property provisions of the ISO CP 00 10
Building and Personal Property Coverage Form attached to the policy.
Westside is insured under an ISO Commercial Package Policy that includes the
Building and Personal Property Coverage Form (CP 00 10) with these limits:
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