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Commercial Property Insurance
Property Insurance covers the risk of property loss in a variety of commercial situations, including commercial buildings, equipment, furniture, fixtures, inventories, business records, supplies and other physical items.
Property Insurance may cover two types of property losses:
Direct Losses
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Direct losses may be covered when property is lost, stolen, damaged or destroyed.
Indirect or consequential losses
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Indirect or consequential losses related to direct losses may also be covered.
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