There are many factors to consider when opening your own business, including the importance of having Property insurance. It covers the repair and replacement of certain business assets should a covered incident like fire, theft or vandalism occur. It's an especially important coverage since many small businesses and startups lack the cash to replace what's needed to keep a business running.
Commercial insurance helps cover the damage or loss of your property, like structures or buildings, and items including equipment, furniture, inventory, supplies and fixtures. It can also help cover the costs to repair or replace stolen, damaged or destroyed property, including property and equipment that isn't yours but is in your care and custody.