Property damage is one of the most common claims. If you’re located near a bar, a roadway, or surrounded by other commercial buildings, you’re at risk. Crime risk is higher in commercial areas, so it is important to make sure your policy covers crime, theft, and vandalism.

Besides those issues caused by guests or intruders, there are a number of other risks to prepare against. A fire, burst pipe, or stray storm could harm your business in a multitude of ways. Commercial property insurance is meant to cover business interruption and the cost of repair and replacement of anything harmed from such events. It is crucial that a business is covered with at least this basic policy.